look news india
New Delhi: The letter was sharp and his message was clear. Sri Lanka. Algeria. Iraq. Libya. Brunei. Moldova. Philippines. All these have now been imposed on new American tariffs – up to 30% on something. The White House did not even blink the eyelid. This list is increasing. Seven more countries are now involved in President Donald Trump’s growing tariff net, which is expanding his comprehensive campaign to punish those who punish users with American goods. The impact of the new fine is tightened. Sri Lanka, Algeria, Iraq and Libya will now have 30% tariffs. Brunei and Moldova will have 25% tariffs. The Philippines has a 20% tariff. In this way, a total of 21 countries are on target under this new campaign of Trump. A few days ago, 14 countries also received similar letters. Japan, South Korea, Malaysia, South Africa, and many countries. Some countries warned of tariffs up to 40%. But Europe? Not even a word yet. Despite the tension over trade, the European Union still remains stable. Trump is not waiting for global consent. They are fixing the deadline. Fast Most of the new tariffs were going to be implemented this week. But then signed – an executive order in which the implementation was postponed by 1 August. Except China. That clock continues continuously. Is the final decision on 1 August only? Trump said, “I will say determined, but not completely firm. If they call and say that they want to do something different, we are ready for it.” The White House has clarified that no additional fees will be levied other than area-specific charges. The new round is different in itself. Automobiles, steel and other industries, which are already under the purview of targeted charges, will not be hit at the moment. But Trump’s warning remains – if the countries retaliate, then in return, you will have to face even more heavy beats. It is not a slow economic diplomacy. It is a trump-style reset. Fast, loud and aggressive. Their argument is unchanged. In his view, the countries that continuously record trade surplus with the US are playing with the system. Their recipe? Injuries where injuries – imports, profits and factory floors. Different companies have an option, Trump says they should make goods or pay the price in the US. Behind the noon, the voice has not changed. Tariff remains the most sharp weapon in Trump, as they feel that the world is against American producers. And as the list of punished countries is increasing, the pressure is also increasing. Now safe places are less left. Twenty-one countries and many time limits. A White House. And the call of August 1, which can change the direction of global trade or start a new phase of economic recession.
