The Pakistan love of US President Donald Trump has once again surfaced. On July 30, Trump announced a 25 percent tariff against India. Along with this, he had also spoken of unspecified penalty to buy Russian oil on India. But now Trump has given Pakistan a huge discount in tariffs. Donald Trump has imposed only 19 percent tariff on Pakistan. Interestingly, Pakistan has been reduced by cutting tariffs. The US President has released a list of new tariff rates for dozens of countries, changing the mutual trade policy. A statement issued from the Wight House said that ‘these amendments will be effective 7 days after the date of this order, 7 days later, the Eastern day will be effective at 12.00 pm or then on the warehouses.’ This list has seen significant changes in tariff rates for countries around the world.
The highest tariff on Syria
Syria tops the list with 41% tariff
Laos and Myanmar have also been imposed a heavy tariff of 40 percent
39 percent heavy tariff has been implemented on Switzerland
Iraq and Serbia have been charged at a huge rate of 35 percent
According to the list, tariffs have been imposed on Brazil and Britain at 10 percent and New Zealand at 15% lower rates. India’s tariff list indicates tension in the US-India relations.
