We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
Reciprocal tariffs brought to the world by US President Donald Trump will not be implemented immediately for countries other than China.
The ``reciprocal tariff'' (reciprocal tariff) announced by Trump last week. He has said that it has been postponed for 90 days (three months).
The United States has increased its tariffs on China by 125 percent. According to Trump, it will be implemented immediately.
President Trump has said about this on the social network Truth, "Because China does not show respect to the world market, I am increasing the tax imposed by the United States on China to 125 percent, which will be implemented immediately." Hopefully, China will soon understand that the days of continuous economic damage to the US and other countries are over and this is not acceptable. Due to the new tariff, especially Shakti Rashtra was getting a big impact.
from which even Nepal was not untouched. According to the new tariff, 10 percent customs duty had to be paid when exporting Nepali goods to America. Compared to before, Nepali goods were becoming more expensive in America. But the businessmen of Nepal felt relief saying that this rate was lower than that of the powerful nations.
Due to the new tariffs, the threat of the world economy going into recession was being analysed.
