Trump Announces Tariffs on Imported Agri Products – ‘Outside agricultural products will be taken from April 2, tariff’, Trump announced, know what will affect other countries? – Us President Donald Trump Announs Tariffs On Imported Agricultural Products Starting 2nd April Ntc
US President Donald Trump announced on Monday (March 3) on ‘Truth Social’ that the new tariffs on imported agricultural products would be effective from April 2. Along with this, he urged American farmers to increase domestic production. Trump wrote in his post, ‘Get ready to start making a lot of agricultural products sold inside the United States, a lot of agricultural products sold inside the country. Tariffs on external agricultural products will be implemented from April 2. Have fun. The proposed tariffs on agricultural products coming from other countries are expected to increase their cost in the US, which will increase the demand for local produced crops and livestock and will potentially benefit American farmers.
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However, the country which exports agricultural products to the US, Trump’s decision has also increased the possibility of America’s business relationship with him being tense. Trump’s announcement indicates to increase domestic agricultural production and focus renewed on self -reliance. However, his statement did not say which agricultural products will be affected by the implementation of tariffs. Earlier, US President Donald Trump implemented 25% tariff on all steel and aluminum imports. He is planning to impose additional charges on various areas including automobiles, pharmaceuticals, semiconductor, wood and copper. Trump claims that the aim behind these decisions is to protect American industries and strengthen American manufacturing.
Us President Donald Trump Posts, “to the Great Farmers of the United States: Get Ready to Start Making A Lot of Agricultural Product to be Sold Inseide of the United States. Tarifs will go 2nd. pic.twitter.com/dyeszv0nvs
– ANI (@ani) March 3, 2025
Economic risk amid rising inflation
Trump’s tariff war has come at a time when rising inflation remains a serious issue for the American economy. Putting tariffs on imported goods will increase their prices, this is likely to increase inflation further. There will also be disruption in the supply chain. A country having a business relationship with the US can reply to Trump’s tariff, by increasing tax on American products. This is likely to increase inflation. President Trump has admitted that high tariffs may increase prices in America, but suggested that the benefit of his decision will be more than the loss.
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Tariff on Mexico, Canada and China
Recently, Trump announced an additional 10% levy on China as well as 25% tariffs on Mexico and Canada. He cited the need to pressurize these countries to take strict action against Phantenile production and illegal migration behind his decision. Reacting to Trump’s decision, President Claudia Sheenbam Pardo of Mexico has warned to impose a counter -tariff. However, the previous deadline of imposing tariffs on Canada and Mexico first in January and then was postponed between economists and businessmen.
