After India-China, now Trump behind the EU, 50% price imposed … What do you want to do? – The United States imposes a 50% rate on the European Union after India China knows Donald Trump which wants Tutd
US President Donald Trump has again increased the possibility of a trade war by putting a new 50% rate on the European Union (EU). The United States had previously put prices on China on prices. Apart from that, India had also made a statement on prices and also said that India wanted to put a “zero rate” on American products, while the Indian Minister of Foreign Affairs, Jaishankar, denied this.
After this new price applied to the EU, the possibility of a trade war again in depth in the world and the world market has also decreased considerably. Not only did that, Donald Trump made another big announcement. He announced 25% of prices, which includes Apple’s iPhone, which includes Apple’s iPhone. This means that if a mobile company does not produce in America, it will have to pay 25% import costs for the sale of its phones in America.
What Donald Trump said?
The EU rate and technological companies will be applicable from June 1. In the position on social networks, Donald Trump targeted the EU and said that trade discussions have stopped. Our discussions with them do not reach any conclusion. He accused the European Union of behavior and insisted that American products were prohibited in Europe.
America loss of $ 2.5 billion each year
Trump wrote: “The European Union, which has been formed with the main aim of benefiting from the United States on trade. Now it has been very difficult to face it. Their powerful commercial obstruction, VAT tax, ridiculous punishment of companies, non-monetary commercial interruption, manipulation, unfair and inappropriate cases against American companies, etc., caused a trade deficit of more than $ 250,000,000 per year with the United States. He said it was not acceptable.
Agitated stock market
This announcement by the American president led to a huge drop in the world market. US stock contracts have decreased sharply and European markets have decreased by 2%, causing an atmosphere of discomfort on the growing trade barriers of investors. Apart from that, Apple companies have also decreased a huge drop and broke up to 3%.
What does the European Union say?
In response to Trump’s statement, a spokesperson told Reuters that the European Union would wait for the appeal of 3:00 p.m. GMT between Sephakovic and Greer during the commercial discussion before publishing official remarks.
After all, what do you want to do?
Donald Trump wants to remove inappropriate trade for the United States by putting prices on the rest of the countries or by dealing with trade, so that the American trade deficit is reduced. In addition, Donald Trump wants to further improve the American economy, so that a recession type is not in the coming times. Meanwhile, experts claim that by imposing prices, there is a risk of inflation in the United States and this will also affect the economy of America.
