 "See Trump Confident Certain Markets Due to Tariff, still the time to become rich saying")
The President Donald Trump is a chaos at the United States of chaos in the United States of Parsoper tariff on April 2. On Friday, the US stock market was also declined. According to the AFP report, after the trump ‘Liberation Day tariff’ has lost about 600 lakh crore. This fall is the worst weekend after the covid period. However, the earthquake had no effect on the market at Donald Trump. They sustain their decision. Ignoring this economic destruction, he called it to the truth social to the Social to “become rich.” He wrote, “Investors who are investing heavily in the United States, I tell them that my policies can never change.”
Apart from Donald Trump, no one is able to understand how he will rich in the United States through tariff. Ventern Financial Firms JP Morgan has also increased the possibility of the global recession from 40 per cent to 60 per cent to 60 per cent. He says tariffs will only lead to commercial changes but also will weaken the United States’s feelings and a deep effect on the global supply chain. Bruce Cassman said that US policies were still a major threat to the world economy. If these policies continue, the world may be wrapped in the United States as well as the world economic crisis.
Effects on business and consumers
The Cassman’s report has said the same rates equally the tax increase. According to the report, the total tax rate on the US has increased by 22 percent points on imported goods, it has taken up to about 24%. It will directly affect business costs and consumers. Crossing for companies will increase and consumers have to pay more, which can reduce and investment can be reduced and contraction in the economy.
Trump has announced to set up 10% tariff on most American imports. There are also high rates on some countries. At 26 per cent, 7%, Vietnam, 76 per cent, on Vietnam, has been posted at 34 per cent, 20 per cent and 24 per cent tariff on Japan. Trump Administration says these tariffs are planted to respond to inappropriate trade policies. Peter Nawaro, commercial advisor of the White House defended Trump’s policy, argued that tariffs are necessary for the revival of American buildings. “The United States could not be limited to collecting foreign-made portion,” he said in a statement. We have to be manufacturing forests.