Trump imposes 50% tariffs on India
The trade negotiations between the United States and India ultimately failed.
On the 6th, Trump announced the formal imposition of tariffs on India, including an additional 25% tariff, as well as an additional 25% punitive tariff due to India's purchase of Russian oil, totaling 50%.
US media said that this number is one of the highest tariff rates imposed by the US on its global trading partners.
Additionally, during an interview that day, Trump also threatened to impose new tariffs on China, citing the reason that "China is buying Russian oil".
Well, now Trump's memory is indeed on par with Biden's. He clearly has forgotten what happened in April and seems to think that China is India?
The results of the tariff war in April clearly showed that China's countermeasures hit hard, causing deep wounds within the US - just the restriction on rare earth exports alone caused headaches for both US military and private companies, forcing the White House to negotiate with China.
And now, Trump is even daring to use the same rhetoric to intimidate China. Does his memory get updated every few months?
If Trump insists on testing China's bottom line, China has already made it clear: China does not want a trade war, but if Trump persists, China will stand firm.
Original: https://www.toutiao.com/article/1839758312323658/
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