INSUBCONTINENT EXCLUSIVE:
President Donald Trump on Wednesday announced a variety of reciprocal tariffs targeting nearly all nations that the United States trades
with including Afghanistan
Trump announced the mutual tariffs in an executive order along with an address in the Rose Garden at the White House on Wednesday
In the executive order, Trump said while the United States trading policy has actually been developed on the concept of reciprocity, taxes
and barriers on US products by its trading partners had actually injured the US
The tariffs, he said, were an action
These mutual tariffs will enter result on April 9
During his address, Trump made the argument that the US is charging its trading partners with smaller sized tariffs compared with the
tariffs and non-tariff barriers that the partners trouble the US
& For years, our country has been robbed, pillaged, raped and plundered by countries near and far, both buddy and foe alike,& Trump said
If you desire your tariff rate to be zero, then you develop your item right here in America,& he stated
According to info from officials at the Chamber of Commerce and Investment, currently the overall volume of trade in between Afghanistan and
the United States is in between $8 and $10 million annually
Afghan economic sector agents get in touch with the US to reassess Afghanistan's inclusion in the tariffs list
& It will certainly impact us to some extent
Our trade with the United States is small, but important items are exported, such as handicrafts, an industry in which ladies particularly
Handicrafts such as hats are exported
Antique items that are really important to know our identity are likewise exported
Dried fruits and sometimes fresh fruits and carpets are likewise exported,& Khan Jan Alokozai, a member of the Chamber of Commerce and
Abdul Qasim Amarkhel, head of the Dried Fruit Exporters' Union, says: The 10%tariff is vicious and prohibited
This nation is not China or Europe, but Afghanistan
Our dried fruit exports to the United States are not that high
We ask the US to reassess this decision
It must likewise release our frozen funds.& Afghanistan s exports to the US are mainly carpets and dried fruits
The post Trump imposes 10% tariff on imports from Afghanistan first appeared on TINS News.
