Trump rates: The Ministry of Commerce analyzes the impact of the 26 percent rates imposed by the President of the United States, Donald Trump, in India. According to an official of the Ministry of Commerce, 10 percent of rates will enter into force in imports in the United States from April 5 and 16 percent from April 10.

“The ministry is analyzing the impact of the announced rates,” said the official to the PTI news agency, adding that there is a disposition that if a country would address the worries of the United States, the Trump administration may consider the reduction of functions against this nation. “It’s a mixed bag and not a mishap for India,” said the official.

In the meantime, India and the United States are already negotiating a bilateral trade agreement, with the two countries with the aim of completing the first phase of the pact from September to October.

Trump, while announcing the reciprocal rates, said that India charges them 52 percent, but would charge a 26 percent discount rate. Trump maintained a graph to show the rates that other countries impose them.

“India, very, very hard. Very hard. Very hard. The Prime Minister left. He is a great friend of mine, but I said,” You are a friend of mine, but it does not treat us well, “Trump told us.” They charge us 52 percent. You have to understand, we charge them almost nothing, for years and years and decades, and only seven years ago, when I entered, we started with China and took hundreds of billions of dollars from China in rates, “said Trump.

Speaking from the Garden of Roses of the White House, Trump said that on April 2 or the day of liberation as he called him, “he would be remembered forever as the day of the North -American industry, reborn, the day of the fate of America was recovered.”

Apart from India, the United States has imposed 34 percent in China, 20 percent in the European Union, 24 percent in Japan, 25 percent in South Korea, 31 percent in Switzerland, 10 percent in the United Kingdom, 32 percent in Taiwan, 24 percent in Malaysia, 10 percent in Brazil, 32 percent in Indonesia, 46 percent in Indonesia. 10 percent in Singapore, etc.