President Donald Trump announced the introduction of 25% tariffs on goods from India, justifying this with the advanced trade barriers of this country. Additionally, he announced penalties for fresh Delhi buying Russian oil. The decision is to enter into force with customs increases in goods from around 20 another countries that have not concluded trade agreements with the US.
Trump informed of his decision in a morning entry on the community portal fact Social. The president justified the introduction of customs with advanced trade barriers to India.
«Let us remember that although India is our friends, for years we have had comparatively small business with them, due to the fact that their duties are far besides high, any of the highest in the world» - Trump wrote. He added that India besides has “the most burdensome and unbearable of all non-financial trade barriers”.
Penalties for cooperation with Russia
The American president besides criticised India's cooperation with Russia in the field of energy and military equipment. «Moreover, they have always bought the vast majority of their military equipment from Russia and are the largest Russian recipient of ENERGY, alongside China» - said Trump.
The president stressed that this is happening «at a time erstwhile everyone wants Russia to turn its back on UKRAIN». Trump announced that, in addition to duties, he would besides impose a “punishment” for this, although he did not disclose the details of this decision.
Date of first August unchanged
Trump besides confirmed that it would not postpone the entry into force of higher duties on goods from around 20 another countries. «The first August word is the date of the first August -- it's strong and it won't get out. THE large DAY FOR AMERICA!!!» - announced the President.
Since the first August, higher duties may be imposed on South Korea, Thailand and Cambodia (36 percent), Bangladesh and Serbia (35 percent). erstwhile asked on Tuesday if he could make an agreement with South Korea on Wednesday, Trump replied in a negative.
New rates for the remainder of the world
During his visit to Scotland, the president besides announced a fresh tariff rate for the remainder of the planet of 15-20 percent. This could possibly include another allies of America, specified as Australia, which has been subject to a 10% tariff in force since April for most of the remainder of the world.
From Washington Oskar Górzyński (PAP) Note: This article was edited with Artificial Intelligence.
