00:00U.S. President Donald Trump has announced his reciprocal tariff on all countries in the world.
00:13This tariff has been implemented all over the world after 12 o'clock in the night in the United States.
00:17The special thing is that the United States has announced a 50% discount on this reciprocal tariff.
00:23This means that if a country implements a tariff of 70% on American products,
00:29the United States has announced a 35% tariff on such a country.
00:33The special thing is that the US President Trump has shown a total of 184 countries in the European Union,
00:40which are major trade partners for the United States.
00:42The special thing is that there are 36 countries in the world that have been tariffed more than India,
00:48including Pakistan and China.
00:51Where Trump has imposed a tariff of 29% on Pakistan,
00:54on the other hand, 34% tariff has been imposed on China by Trump.
00:59Let's tell you how much tariff has been imposed on India and how much tariff is there on other major countries in the world.
01:06If we talk about India, then the reciprocal tariff has been imposed on India by 26%.
01:11Trump announced a reciprocal tariff on India and said that India is a very difficult country.
01:16The people there and the government are very good and PM Narendra Modi is also a very good friend of his.
01:21Despite this, they impose a tariff of 52% on American products.
01:26In this way, we have imposed a tariff of 26% on India.
01:29This means that on Indian products, a tariff of 26% will be imposed on America on average.
01:36So if any Indian product was getting the first without tariff in 100 dollars in America,
01:40then its value will be 126 dollars, which is a very big decision.
01:44On the other hand, if we talk about neighboring countries of India,
01:47then Trump has not increased any quota in breaking the backs of China and Pakistan.
01:52Both countries have imposed a lot of tariff on India.
01:55The reason for this is that both countries impose a higher tariff on American products than India.
02:00Even after a 50% discount, the tariff on both countries is quite high compared to India.
02:05If we talk about China for the first time, then Dragon imposes a tariff of 64% on American products in its country.
02:10In this way, America has imposed a tariff of 32% on China.
02:14On the other hand, Pakistan imposes a tariff of 58% on American products.
02:18Because of this, Trump imposed a tariff of 29% on Pakistani products, which is quite high compared to India.
02:25During his reciprocal tariff announcement, Donald Trump had put a list in front of him,
02:29which had the names of 184 countries and Europeans.
02:32Of those 184 countries, 36 are such countries that impose a lot of tariff on American products compared to India.
02:38In this way, the reciprocal tariff on those 18 countries is also higher than India.
02:42In which, apart from the names of China and Pakistan, Vietnam, Taiwan, Thailand, Switzerland, Indonesia, Cambodia, etc. are included.
02:49Now, if we talk about its effect on the Indian market,
02:52then America has announced a 50% discount on the reciprocal tariff with a discount.
02:57It was hoped that on Thursday, India could see a sharp increase in the Indian market.
03:02But this did not happen.
03:04So if we talk about today's market, then today we are seeing a decline in the market.
03:09Sensex is trading at around 76,432 with a drop of 0.25%.
03:18If we talk about Nifty, then Nifty also has a drop of 0.20% and it is trading at 23,286.
03:28If we talk about the opening, then it opened at 23,150.
03:33Slowly, we saw a little recovery in this, but the market is still trading with a drop in comparison to yesterday.
03:40Although experts said that according to the estimates that the tariff is being imposed on other countries,
03:48America will impose the same tariff, it did not happen.
03:51This means that it was also believed that this step of Trump in the share market can look very positive and can be seen very fast.
03:57On the other hand, the US President has imposed a 25% auto tariff and has made it difficult for those companies that send manufacturing to America in India.
04:06Although their share is very low, but it can be seen to have an effect on auto components.
04:10Tata Motors may have to suffer a loss due to Jaguar Land Rover, which is being manufactured in India and is being sent to America.
04:17On the other hand, if we talk about the American share market, then it is seen to be very fast here.
04:23Till making this video, Dow Jones was trading at 42,225.32 points with an increase of more than 235 points.
04:33Nasdaq Composite is trading at 17,601.05 points with an increase of more than 151 points.
04:41Apart from this, S&P 500 was trading at 5,670.97 points with an increase of about 38 points.
04:51If we talk about the shares of big American companies in the world, then 5% in Tesla's shares, 2% in Amazon's shares, and 1.52% increase in General Motors' shares.
05:01On the other hand, Ford Motors' share is also faster than 2%.
05:05Hyundai's share has a drop of more than 1% in the Korean market.
05:09BYD's shares are trading with a drop of 1.37%.
05:14Vietnam's auto company Winfast's shares are seeing a drop of more than 1.24%.
05:19So what do you think, how can Trump's move indicate for global trade, what effect can it have on the Indian share market?
05:27You can share your views with us in the comment section.
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