usa news: US President Donald Trump has decided to increase duty on imported goods from Canada, Mexico and China, which came into force from Saturday evening. With this decision, the trade war between the US and these countries has started, which can spread even further to other countries. 25% additional fee has been levied on goods coming from Canada and Mexico. 10% duty has been increased on goods imported from China. However, the oil imported from Canada will cost only 10%.
US President Donald Trump did not name India in the first set of the declared tariff. He has cited high trade deficit behind this. The Trump government is soon planning to impose new duty on imports of computer chips, pharmaceuticals, steel, aluminum, copper, oil and gas. Similar fees can be levied on European countries.
China gives the most contribution to American trade deficit According to, China, Mexico and Canada are the most contributed countries to the American trade deficit. China contributes 30.2 percent, 19 percent of Mexico and 14 percent of Canada, while India is at number 9 in this list. & Nbsp;
China expressed opposition >
China has lodged a sharp protest over the US order to impose tariffs on Chinese goods. On Sunday, the Ministry of Commerce said that China will file a lawsuit in the World Trade Organization and will take appropriate retaliation to protect its interests.
According to media report There is a serious violation of the rules of the business organization. This step not only fails to resolve its issues of America but also disrupts the general economic and trade cooperation of China-America. China [अमेरिकी निर्णय] It strongly opposed and is extremely dissatisfied.
Canada took this step Donald will retaliate against Trump’s new tariff and impose 25% duty on several US imports. He warned the Americans that Trump’s decisions would bring serious consequences for him. Amid the decline in relations between old associate countries that shared the world’s longest land border, Trudeau said that they are putting tariffs on US goods worth $ 155 billion Canadian (US $ 107 billion).
At the same time, Mexico President Claudia Shinbam on Saturday spoke of imposing a counter tariff on American imports. Sheenbam said that his government wanted a conversation instead of a conflict with his top trading partner, but Mexico was forced to respond in the same way.
(with input IANS)
