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00:00America's President Donald Trump announced tariffs for all the countries of the world late at night.
00:10Trump has imposed heavy tariffs on countries such as India, China, Canada, Mexico, Pakistan and Japan.
00:17It has been named Discounted Reciprocal Tariff.
00:20Trump has imposed a 26% tariff on India, which will be applied by time.
00:26President Trump said while announcing his tariff policy that India is very tough.
00:33Speaking about PM Modi, Trump said that Modi is my very good friend.
00:37I have told him that you are not doing the right thing with us.
00:42Trump has announced a 26% tariff on India.
00:47But India imposes 52% tariff on America.
00:53Five times India was discussed in President Trump's executive order.
00:58It has been said that America's average MFN tariff rate is 3.3%.
01:04Which is one of the lowest in the world.
01:07While others earn more than us.
01:10Now there is a response from India on Trump's tax.
01:14A senior official of the Indian government said that 26% reciprocal tariff imposed on India by the US is being analyzed.
01:22The Ministry of Foreign Affairs is analyzing it.
01:25He said that 10% tariff on all types of imports in the United States will be applicable from April 5.
01:32While the remaining 16% tariff will be applicable from April 10.
01:35The Ministry of Foreign Affairs is analyzing the effects of these tariffs.
01:39He said that there is a precaution in this.
01:41If a country keeps the concerns related to tariffs in front of America.
01:46Then the Trump administration can consider reducing the tariff on that country.
01:50Trump has opened the way for dialogue by telling this tariff as a reality.
01:55He has imposed a 26% tariff on India instead of 52%.
01:59This has opened the possibility of dialogue with India.
02:03Both countries are in constant contact with each other.
02:06India is already negotiating with America on the opposite trade agreement.
02:11The goal of both countries is to end the first phase of this agreement by September-October.
02:17The official said that Trump's tariff on India is not a shock.
02:22Rather, it can have a mixed effect.
02:24If we believe a report, then India will not suffer much loss from this tariff.
02:29India can lose up to 3-3.5%.
02:34It will be less affected by increasing tariffs in the construction and service sector.
02:38New trade routes are being prepared through Europe, the Middle East and America.
02:43Countries like China have also talked about importing more than India instead of America.
02:48Which is considered a very good sign for India.