Donald Trump repeats 100% customs warning to India, other Bric countries in the middle of PM Modi’s US Visit | World News

The Brics trade could at least be 100 percent duty, US President Donald Trump said after announcing his mutual customs plan on Thursday and said the United States would charge countries the same rates they impose on us.

Donald Trump said while revealing his mutual customs plan on Thursday, ‘India has more tariffs than almost any other country’. Follow Prime Minister Modi Us Visit live updates

India is a member of the BRICS grouping with Brazil, Russia and South Africa, which has received repeated warnings from the recent sworn in the US president for 100 percent dimensions if the group replaces the US dollar as a reserve currency.

“If any trade comes through, it will at least be 100 percent duty,” Donald Trump said on Thursday in response to a question about the Brics countries creating their own currency.

US President Donald Trump on Thursday ordered his administration to investigate the possibility of introducing mutual tariffs for more trading partners, signaling the potential for a broader campaign against a global trading system that he claims is unfair to the United States.

Trump’s Customs Plan

On Thursday, the president signed an executive order that instructed the US Trade Representative and the Secretary of Trade to propose new tariffs on land for the country with the aim of repealing trade relations.

We will charge any country accusing us, Donald Trump said, announcing mutual tariffs.

“Not more or not less … they charge us a treasure or customs and we charge exactly the same treasure or customs … No body knows what that number is … you go to an individual country and see what They charge us, “Donald Trump said.

According to a senior official in the White House, this comprehensive process of mutual Tatiff could take weeks or even months to complete without any final timeline for when the tariffs would be implemented.