Donald Trump Tariff Announcement Live: US President Donald Trump can make a big announcement on Wednesday at the Rose Garden of the White House. According to local time, in this program to be held at 4 pm, Trump can announce a counter -tariff on countries around the world. The White House said on Tuesday that the tariffs would be effective immediately. He has named it ‘Liberation Day’ i.e. ‘Mukti Day’. Its purpose is to free the US from dependence on foreign goods and teach a lesson to those countries that put heavy tariffs on American products. These tariffs will be implemented immediately, due to which there is a possibility of stir in global business. Restlessness has increased in countries around the world. This move of Trump may have a direct impact on trading partners like his opponents as well as the European Union, India, South Korea and Brazil. Many countries are planning to respond to Trump.
Donald Trump Tariff Announcement Live: Trump benefits to the rich
Donald trump tariff declaration live: New York’s Senate Democratic leader Chak Shumor on Tuesday lashed out at Trump’s tariff. He has described it as an ‘failed strategy’. Shumor says that tariff is just a way to raise money. With this, Trump wants to increase the tax cut for the rich. Shumar said in the Senate, ‘This is what they look almost every step. Tariffs are also part of the same. All this is for tax relief for millionaires and billionaires. Shumar believes that this policy will benefit the common people, but to the high sections.
Donald Trump Tariff Announcement Live: 1.4 trillion dollars can be damaged
Donald trump tariff declaration live: US President Donald Trump’s tariff may end the $ 1.4 trillion economic activity worldwide. This can increase the prices of goods. Apart from this, American GDP can suffer a lot of damage. Trump is going to implement reciperook tariff on Wednesday. He has introduced it as ‘Liberation Day’ i.e. Mukti Day. The analysis of the Aston Business School in England found that the trade war that started from Trump’s tariff could cause a loss of $ 1.4 trillion. Prices in the US may increase by 5.5 percent, and the US economy may be reduced by 1.3 percent.
Donald Trump Tariff Announcement Live: 1.4 trillion dollars can be damaged
Donald trump tariff declaration live: US President Donald Trump’s tariff may end the $ 1.4 trillion economic activity worldwide. This can increase the prices of goods. Apart from this, American GDP can suffer a lot of damage. Trump is going to implement reciperook tariff on Wednesday. He has introduced it as ‘Liberation Day’ i.e. Mukti Day. The analysis of the Aston Business School in England found that the trade war that started from Trump’s tariff could cause a loss of $ 1.4 trillion. Prices in the US may increase by 5.5 percent, and the US economy may be reduced by 1.3 percent.
Donald Trump Tariff Announcement Live: Japan’s Governor Warning
Bank of Japan Governor Kajuo Uaida warned in the Japanese Parliament on Wednesday. He said that the effect of US President Donald Trump’s new ‘counter -tariff’ could be large. This will affect trade around the world. Not every country will remain untouched by this. Uaida said, ‘The impact of American tariff policy on the global economy is uncertain. But the scope and level of tariff matters a lot. This can have a profound impact on the business activities of every country.
Europe warns Trump
Europe has warned America. European Union chief Ursula von Der Leyen said, “Europe did not start this conflict.” He said in a speech, ‘We do not want retaliation, but if needed, we are ready for it. We have a strong plan. We will use it.
500 percent tax on those who buy oil from Russia
While the world is scared of Trump’s tariff, 50 senators of the US Senate have planned to take strict steps against Russia. This includes both Republican and Democrats. This step targets Russia and its energy buyers. A new draft states that if Russia denies peace talks with Ukraine, action will be taken. Or you will be punished even after breaking the agreement. According to Bloomberg’s report, 500 percent tariff has been said on countries buying oil from Russia. Petroleum, gas and uranium are also involved in this.
Donald Trump Tariff Announcement Live: Will take care of the interests of the country: PM of Australia
Australian Prime Minister Anthony Albanese has taken a tough stand against US President Donald Trump’s new tariff plan. Albanese said that his country will protect his interests and will not compromise with the Australian rules. Australia has an advantage in trade with the US and also has a free trade agreement between the two countries, under which American goods get admission without fee.
Donald Trump Tariff Announcement Live: Canada Mexico will also increase difficulty
25 per cent of tariffs on Canada and Mexico were first postponed. That too can also be implemented from today. Trump’s exemption given to his neighbors may end today. Apart from this, Trump will impose 25 percent tariffs on those countries who will buy oil from Venezuela.