AnyTV News Trump recipes are adamant on Tariff Scheme, Liberation Day for America on 2 April

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US President Donald Trump

America Reciprocal Tariff: US President Donald Trump has announced a counter -fee levy from April 2, terming the tariffs being imposed by several countries including India and China. He said that the US would impose the same duty on imports from other countries, which it imposes American exports. Trump has said that he has no intention of giving discounts on steel and aluminum tariffs. He also said that reciperochl tariffs on American trade partners will be applied along with regional tariffs on 2 April.

How will the rate be fixed

The reciperook tariff would mean that the Trump administration will impose tariff rates on imports in the US, which will be based on a calculation incorporating tariffs and non-tariff barriers facing its exports to other countries. The US has imposed a 20 percent tariff rate on China and 25 percent on steel and aluminum. Trump also said that he told the Chief Executive Officers of the automaker that he should transfer production from Canada and Mexico to the US.

‘2 April for the country, liberation day’

Donald Trump said on Sunday, “April 2 is a liberation day for our country. We are getting some part of the money which was given by very foolish presidents because they did not know what they were doing.” The US President said, “They charge us and we charge them, we are going to impose additional charges on automobile, steel and aluminum.” He said, “If he puts a non-monetary tariff to keep us out of his market, then we will do the same in their market.”

America will also retaliate

In the first address of his second term in the joint session of the Congress, Trump named the countries that he believes that he impose ‘too much’ and ‘inappropriate’ tariffs on American goods. “India charges more than 100 percent auto tariffs from us,” he said. Trump also said that countries like European Union (EU), China, Brazil, Mexico and Canada have imposed more charges on the US for decades. Now America will also retaliate.