00:00For the past few days, Donald Trump's tariff card has been in a lot of discussion.
00:05During the first speech in the parliament, Trump announced a reciprocal tariff from April 2.
00:11At the same time, Trump has also targeted India.
00:14Trump says that India imposes a 100% tariff on us, so we will also impose the same tariff on India, i.e. reciprocal tariff.
00:23Reciprocal tariff means to impose the same tariff on the country that imposes the tariff.
00:29However, while responding to Trump's conditions, India has talked about reducing tariffs on American goods.
00:36But the question is that if Trump imposes tariffs on India, what harm can it do to the country?
00:43For this, let's first understand how much India imports from America.
00:49If we talk about petroleum crude, its import value is 9.51 lakh crore rupees and the tariff on it is 7.5% to 8%.
01:01The next thing that imports from India is gold, whose import value is 4.22 lakh crore rupees and the tariff is 20%.
01:11Then comes petroleum products, whose import value is 2.79 lakh crore rupees and the tariff is 7.5% to 8%.
01:21Then comes electronic goods, whose import value is 2.33 lakh crore rupees and the tariff is 2.5% to 0.5%.
01:31Then comes coal and coke, whose import value is 2.10 lakh crore rupees and the tariff is 5%.
01:39Apart from this, if we talk about what India exports in America, then the first product is petroleum, whose export value is 4.31 lakh crore rupees and the tariff is 0% to 0.75%.
01:53Then comes medicines and pharma, whose export value is 1.49 lakh crore rupees and the tariff is 0% to 0.75%.
02:02Then comes telecom products, whose export value is 1.46 lakh crore rupees and the tariff is 0%.
02:09Then comes jewellery and ornaments, whose export value is 0.99 lakh crore rupees and the tariff is 0%.
02:18Then comes electric machinery, whose export value is 0.92 lakh crore rupees and the tariff is 0%.
02:25Let me tell you that in 2023-24, there was a trade of 129 billion dollars, i.e. 10.42 lakh crore between America and India.
02:35However, you will be surprised to know that India benefits the most in the business of India and America.
02:42According to last year's figures, India buys things worth 3.67 lakh crore rupees, i.e. India has imported so much.
02:51At the same time, America exports 6.75 lakh crore things, i.e. India benefits 3.07 lakh crore rupees.
03:03Now what will be the effect on India?
03:05If America imposes a reciprocal tariff on India, then Indian goods will become expensive and American people will focus on American goods.
03:16In this case, Indian companies can suffer a heavy loss.
03:19There is a possibility that the money will also become weak.
03:22According to reports, this can cause India a loss of 7 billion dollars, i.e. 61,000 crores.
03:28Now the thing to see in this is what decision is taken in the future.
03:33That's all in the video.
03:34How did you find the information?
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