America's strict attack on China: Tariff reached 245%, business tension deepens, fears of retaliation

International News: The US has increased the tariff on goods coming from China to 245%. Earlier this tariff was 145%. This decision came when China also imposed a retaliatory tariff of up to 125% on products imported from the US. The White House informed about this decision late on Tuesday night. This move is being seen as a tough stand by the US on China, which may further increase trade tensions between the two countries.

The US has increased the tariff on goods coming from China to 245%. Earlier this tariff was 145%. This decision came when China also imposed a retaliatory tariff of up to 125% on products imported from the US. The White House informed about this decision late on Tuesday night. This move is being seen as a tough stand by the US on China, which may further increase trade tensions between the two countries.

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The long -standing business dispute between the US and China has once again taken a serious turn. The recent policies of America are considered to be a tough stance towards China, which is feared to have trading tension and deepening between the two countries. Experts believe that due to increasing pressure, both countries can return to the conversation table.

America's two-tuss on China's tax policy

It is clarified by Washington that China's 'tariff' policy is unacceptable. The US administration alleges that China is spoiling the situation through counter taxes, rather than to justify its business attitude. The US says it imposes relatively low fees on foreign goods here, while many countries including China, India are making trade unbalanced by imposing heavy taxes on American products.

Global support claims, America is getting new partners

The US administration has claimed that about 75 countries have contacted the US regarding business cooperation. This indicates that America's trade policies are receiving positive response globally. According to the White House report, the US has postponed the tariffs imposed on some countries for 90 days, giving priority to dialogue, making the possibilities of solution.

India gets temporary relief, impact in the stock market

The good news for India was that the 26 percent import duty imposed on it has been postponed at present. This has returned confidence in investors and the Indian stock market has again seen a boom after several days of decline. However, it has been clarified that a minimum tariff of 10 percent will remain in force. This business tussle between the US and China is affecting the global market. In the coming time, the interaction between the two countries can be decisive in this direction. At the moment, America's hard currency is indicating that it is adamant on the demand for transparency in business and equal opportunity.