Finally, US president Trump announced tariff on India.
Greetings friends!
(pixabay free image)
India and the US are negotiating for many months regarding trade deal. This deal is vital for trade between India and the US. US is the largest importer of Indian goods and services. Pharma products and IT sector services are the major exports from India to the US. US had signed trade agreements with many countries like Japan, Vietnam etc. in which the US products will enter these countries without tariffs while products of these countries will enter after the US tariffs. So, this is a win win situation for the US.
On the other hand India is not ready to let American dairy and agriculture sector products in India. This is vital for the farmers and animal rearers of India who are one of the major section of Indian workers. So, such deal is not in favor of India.
Amid the negotiation, Trump has announced that Indian products will be taxed at the rate of 25% and with additional penalty due to Russian imports in India. It will be applicable from August 1 this year.
Let us see how these tariffs will impact India. Will India yield and give every concession to the US or not.
Thanks!
Trump is pressirising leaders of other countries to secure a very profitable deal. I think this strategy may backfire in some cases.
A crucial moment for India–US trade ties, will India protect its local sectors or bend under tariff pressure?
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 1.00% vote for delegating HP / holding IUC tokens.
Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below
View or trade
BEER.Hey @akdx, here is a little bit of
BEERfrom @isnochys for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.View or trade
BEER.Hey @akdx, here is a little bit of
BEERfrom @isnochys for you. Enjoy it!Did you know that <a href='https://dcity.io/cityyou can use BEER at dCity game to buy cards to rule the world.
Congratulations @akdx! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
Congratulations @akdx! You received a personal badge!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out our last posts:
Congratulations @akdx! You received a personal badge!
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out our last posts: