America started the global trade war, a fierce tariff on Asia-Europe, and Trump said: 'Now the loot will stop'

Trump said the worldwide trade war, the heavy tariff imposed on the Asia Europe: ‘Now the robbery will be closed’ last updated: April 3, 2025, 03:33 IST US President Trump has started a global trade war by placing heavy import tax on China, India, Europe and other Asia countries. Critics believe it can increase inflation. Highlights imposed America heavy rates on China, India, Europe. Trump has announced that it will increase import duties on 25 countries. Critics believe it can increase inflation. Trump Tarifs 2025: America finally kicked the global trade war. US President Trump has launched a major economic attack on China, India, Europe and other Asia countries by placing heavy import tax (tariff) from 34 percent to 49 percent. They claim that America has been ‘looted’ for the past 50 years and that it is now protecting its farmers, factories and work. US President Donald Trump announced on Wednesday to increase the import tax (tariff) on 25 countries, including China, European Union (EU), Japan and India. He said angry, “Our country has been looted for decades, and now it will be closed!” Trump has shown a map in the White House and said that the US will now collect more taxes on goods coming from abroad. Trump claimed that the step would protect American farmers and laborers from ‘Global Loot’. He gives the example of Canada and said: “Canada places 300% tariff on our dairy products, that is injustice.” According to him, America will now answer as ‘not weak, powerful’. Why a recipe Crocal Tax China: 34% European Union: 20% South Korea: 25% India: 26% Vietnam: 46% Taiwan: 32% Japan: 24% Thailand: 36% Switzerland: 31% Indonesia: 32% Indonesia: 32% Malaysia: 24% Cambodia: 24% Cambodia: 49% United Kingdom: 10% United Kingdom: 10% South African: 10% Brazil Singapore: 10% Israel: 17% Philippines: 17% Chili: 10% Australia: 10% Pakistan: 29% Turkish: 10% Sri Lanka: 44% Colombia: 10% (Source – MoneyControl). However, critics believe that this step can increase the prices of cars, clothing and electronic goods. US consumers may need to face inflation, as well as countries such as China and EU may retaliate. Why did Trump do this? Benefits of US businesses: their sales can increase in the local market. Jobs will return: Trump claims that factories will return to America, but that experts arouse doubt. Impact on India: Indian steel and aluminum exporters can get a shock. Location: New Delhi, New Delhi, Delhi, first published: April 3, 2025, 03:33 IST Homebusiness America has placed heavy rates on Asia-Europes, Trump said: ‘Now the robbery will stop’