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Trump Tariff: US President Donald Trump has given 90 days relief to China from tariff. This step has been taken after the tariff war between the two countries. Currently 30% tariffs are applicable on China.

According to news agency Reuters, the step has come to light when Donald Trump postponed the question of putting American tariffs on the August 12 deadline. He appreciated China’s cooperation in a conversation with America and said, ‘We will see what happens.’
Actually, there was a lot of dispute over the tariff between the US and China. There was a lot of tariff war in both. Washington and Beijing had imposed high tariffs on each other’s exports in April. These tariffs did not double, but reached the triple digit. However, after the talks in Geneva, both sides agreed to temporarily reduce them. Officials of both countries also met in London in June.
In April, US President Donald Trump increased his tariff on Chinese goods by 145 percent. China also gave a befitting reply to this. In response to this, China imposed 125 percent of an anti -counter tariff on imports from the US.
The tariff ceasefire between Beijing and Washington was about to end on today i.e. August 12, but before that the US pulled its steps back. Even before this, the Trump administration had indicated that the deadline could be extended.
In fact, 30% tariffs are currently applicable on imports from China, including 10% base rate and 20% of the tariff related to Fantanil in February and March. China also reduced its rate on its US imports by 10%.

Shankar Pandit Has More Than 10 years of Experience in Journalism. Before News18 (Network18 Group), He Had Worked With Hindustan Times (Live Hindustan), NDTV, India News Aand Scoop What. Currently He Handle Ho …Read more
Shankar Pandit Has More Than 10 years of Experience in Journalism. Before News18 (Network18 Group), He Had Worked With Hindustan Times (Live Hindustan), NDTV, India News Aand Scoop What. Currently He Handle Ho … Read more