America's reciprocal tariff impacts 'Dirty 15' countries

America's reciprocal tariff will target many countries, know whom the Trump administration is calling 'Dirty 15'

Amid the upcoming elections in America, the Trump administration is once again moving towards aggressive trade policies. Under the recently announced 'Reciprocal Tariff' policy, America is planning to impose high taxes (tariffs) on those countries that impose unfairly high duties on American products.

For more updates on international news, visit Vaartha International and Vaartha ePaper.

America's Reciprocal Tariff Impacts 'Dirty 15' Countries

What is the 'Reciprocal Tariff' policy?

This policy focuses on imposing retaliatory tariffs on countries that impose heavy taxes on American products. America wants its products to get equal opportunity and lower tariffs in other countries. If any country imposes high duties on American goods, then America will also impose a similar tax (tariff) on them in return.

Which are the 'Dirty 15' countries?

The Trump administration has prepared a list of 15 countries, which is being called the 'Dirty 15'. These countries are accused of imposing unfair trade restrictions on American products. However, the official list of these 15 countries has not been released yet, but according to experts, it may include countries like China, India, Germany, Japan, South Korea, Canada, and France.

What is America's Aim?

• ✅ Providing equal opportunities to American companies in the global market.

• ✅ To make the trade balance in America's favor.

• ✅ To promote domestic manufacturing by increasing tariffs on foreign products.

• ✅ To put pressure on countries like China, which are posing challenges to American trade.

Which Countries Will Be Most Affected?

• China: The America-China trade war is already ongoing, and the new tariffs could deal a further blow to China.

• India: America may retaliate on Indian textiles, pharmaceuticals, and IT services.

• European Union: Countries like France and Germany may also be affected.

• Japan and South Korea: These countries may also have to make changes in trade policies.

What Will Be the Impact on the Global Economy?

• Inflation may increase because increasing tariffs will also increase the prices of goods.

• This policy may escalate the global trade war.

• There may be instability in international markets.

• Many countries may have to reconsider their tariff policies.

For more international updates, visit Vaartha International and Vaartha ePaper.