00:00Donald Trump is now going to sit on the American president's chair, but before that he has
00:09threatened India.
00:10Trump has threatened to impose a reciprocal tax on India.
00:13He says that the more taxes India imposes on American products, the more we will impose
00:19on Indian products.
00:20Now, why this threat has been given and how much benefit and loss will be due to it, we
00:26will tell you everything in detail in this video.
00:28In fact, Trump has warned India and said that if India imposes tax on us, then we will also
00:35impose the same tax on India.
00:37He said that tax is mutual, if they impose tax on us, then we will also impose the same
00:42tax on them.
00:43Trump said that he imposes heavy taxes on almost all American products and we are not
00:49imposing tax on them, but now this will not happen.
00:52In response to a question on trade agreements with China, he said that India and Brazil
00:57are among those countries that impose high tariffs on some American products.
01:02Trump said that the word reciprocal is very important because someone is charging us.
01:07For example, if India charges us 100%, then should we not charge it anything?
01:13They send us a cycle and we also send them a cycle.
01:16They charge us 100-200.
01:18Trump further said that India charges a lot, Brazil also charges a lot and if they want
01:24to charge us, then it is fine, but we are also going to charge them the same.
01:29His Commerce Secretary put a seal on Trump's words and he said that whatever will be done
01:35will be done with it.
01:37Donald Trump's Commerce Secretary Howard Lutnick said that reciprocity will be an important
01:42topic in the Trump administration.
01:44In simple words, if the first country is imposing as much tax as the second country,
01:49according to that, the second country can also impose tax on the first country.
01:53How much tax to impose in return depends on the second country.
01:57Lutnick says that whatever you do with us, you should also expect the same behavior.
02:03Let me tell you one more thing that recently Donald Trump said that he will impose 100%
02:09tariffs on countries that adopt BRICS currency.
02:12BRICS, formed in 2009, is the only international group that does not have a share in America.
02:17Its other members are South Africa, Iran, Egypt, Ethiopia and UAE.
02:22In recent years, some of its member countries, especially Russia and China, have been looking
02:27for options for the US dollar or are thinking of making their own BRICS currency.
02:32So, it can be said that the presence of India in the BRICS country does not mean enmity
02:37with America.
02:38Because the decision made by US President Donald Trump can also be a headache for India
02:44in the matter of export and import.
02:47So what is your opinion on this?
02:49Give us your opinion in the comment box and keep watching Good Returns for such updates.
02:53Don't forget to like and subscribe to our channel.
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