NewsDeskReport
America’s President Donald Trump is seen taking a soft stand on other countries of the world except for the reciperook recipes. Trump has given 90 days’ time to the countries who have not retaliated on the US regarding tariffs. However, Trump is very angry with China. He has increased the tariff on China unprecedented to 125 percent. The positive impact of Trump’s relief to other countries of the world also appeared on the American stock markets. Trump’s statement raised the market and recorded a strong boom.
- Donald Trump made a big announcement on his Truth social and wrote that many countries have cooperated on the tariff. These countries have not retaliated against the US for tariffs. In such a situation, Trump has banned more than 75 countries on tariffs for 90 days.
- Trump said on his Truth social network, “I have given a 90 -day stop on the tariff” which has come into effect from Wednesday. He said that he has taken this decision after more than 75 countries came forward to negotiate, who have not taken any retaliation against the US.
- However, only 10 percent of the same rate of 10 percent will be applicable to all countries. This decision is contrary to the previous decision of Trump, which surprisingly affects many closest allies of America.
- Trump said that these countries have started talks on issues like trade and currency manipulation from the US Department of Commerce, Treasury and USTR. A recipe of only 10 percent will be imposed on business with these countries for the next 90 days.
- However, during this announcement about China, Trump’s displeasure was clearly visible. Trump announced to increase the tariff once again on China and has fiercely fought against him.
- Trump wrote that China has not shown respect for global markets. On this basis, I am increasing the tariffs imposed by America to 125 percent.
- At the same time, Trump wrote that it is expected that in the coming time, China will realize that the day is no longer acceptable to rob America and other countries.
- Wall Street’s shares on Wednesday suddenly rose after US President Donald Trump announced a 90 -day tariff ban on all countries except China.
- The S&P 500 rose 6.0 percent to 5,281.44 after Trump’s announcement on his Truth Social Platform, which was continuously falling since Trump’s “Liberation Day” tariff announcement by Trump. Now it is controlled.
- Trump believes that his policies will force companies to enter the US and revive its manufacturing sector.
(Tagstotranslate) Donald Trump (T) Trump Tarifs (T) Tarif Pause (T) US (T) US (T) China (T) India tarifs
