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نئی تجارتی جنگ شروع ہو گئی
#trump #tariffs #donaldtrump #canada #china #maxico
نئی تجارتی جنگ شروع ہو گئی
#trump #tariffs #donaldtrump #canada #china #maxico
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CreativityTranscript
00:00Assalam-o-Alaikum, I am Mirza Sobhan Baig with Daily Pakistan.
00:03Dear viewers, on the side of US President Donald Trump,
00:06Canada, Mexico and China have been tariffed on a large scale.
00:1125% of the goods imported from Canada and Mexico,
00:14while the tariffs on goods imported from China have been increased from 10% to 20%.
00:20Last year, US was sent $1,400 billion worth of imports from these three countries.
00:27This makes up 40% of US total imports.
00:31Fresh products, cars and electronics will also be tariffed.
00:36Only energy products imported from Canada, i.e. crude oil, have been tariffed by 10%.
00:44The whole world is in shock after the Trump case.
00:48As soon as he came, he adopted a strict policy that is badly affecting the world market.
00:58Not only the United States, but the American people are also holding their heads due to Trump's aggressive actions.
01:05Stock markets have been shaken due to Trump's tariff.
01:10While Canada, Mexico and China have also imposed retaliatory tariffs,
01:15which will have an impact on the American people.
01:18Investors like Warnbrook have called it an act of war.
01:26For now, Trump has left Mexico and Canada on tariff.
01:30Under the North American Trade Agreement between the two countries,
01:34the following products have been excluded from the tariff until April 2.
01:39This will relieve Mexico's 50% and Canada's 38% imports.
01:47First of all, let's understand what a tariff is.
01:51A tariff is a tax imposed on goods.
01:55When a country imposes a tariff on products imported from another country,
01:59the prices of those products increase in the local market.
02:03The purpose of this tariff is to protect local industries from foreign competition.
02:11For example, if the United States imposes a tariff on cars imported from Mexico,
02:17Mexican cars will become expensive in the United States.
02:21In contrast, local cars will be available at low prices,
02:24which will make investors prefer local cars.
02:29In this way, the local economy will benefit more.
02:35On the one hand, tariffs have been imposed by Trump,
02:38which is contrary to the principles of free trade.
02:42The United States was the country that implemented free trade in the world.
02:46Under free trade, countries do not impose tariffs on each other's goods,
02:52but keep the market free.
02:54In this way, all countries can benefit from each other's standards and cheap things.
03:00The United States was the champion of free trade in the world,
03:03but now the whole world is in shock because of Trump's move.
03:08The President of the United States believes that Canada, Mexico and China are being tariffed
03:13because these countries have not taken measures to contain drugs.
03:18In particular, these countries have failed to contain fentanyl.
03:22Fentanyl is a powerful drug.
03:24Every year in the United States, thousands of people die from fentanyl abuse.
03:29The US government claims that the chemicals made in China reach Mexico,
03:34where drug cartels convert them into fentanyl and smuggle them to the United States.
03:39The purpose of the tariffs is to put pressure on China, Mexico and Canada to stop this smuggling.
03:45In addition, Trump believes that America, Canada, Mexico and China are at a loss in trade.
03:51That is, the United States pays more than these countries,
03:54but in return, these countries do not buy American goods.
03:58Through tariffs, he wants to force these countries to buy American products.
04:03During his second term in office, Trump has adopted a very radical policy.
04:08On the one hand, he is going to wage a trade war in the world,
04:12and on the other hand, his policy on Ukraine is out of the world's understanding.
04:18Ukraine was very close to the West.
04:22Russia was in danger that if it became a NATO member,
04:25then American missiles could be installed here like Poland and Romania,
04:30which could be a serious threat to the national security of Russia.
04:34This is why the war between Ukraine and Russia began.
04:37The US government openly supported Ukraine,
04:40but as soon as Trump came, not only turned the policy 180 degrees,
04:46but the way the Ukrainian president was insulted in front of the cameras in the White House,
04:52this has never happened in history.
04:55The effects of Trump's radical policies have begun to spread all over the world.
05:02Since Covid, the world's government has not been able to keep up with its track.
05:06On top of that, the US president has started a trade war.
05:10China has imposed tariffs on the United States in response.
05:14China has targeted those industries that will directly affect Trump's supporters.
05:20Beijing has announced a 15% tariff on chicken, wheat, corn and cotton exported from the United States.
05:28In addition, 10% tariffs have been imposed on soybeans, pork, cow meat,
05:32fruits, vegetables and dairy products.
05:38China has included 15 US companies in the export control list.
05:43SkyDew, a drone company, is also included.
05:46Chinese companies will not provide them with equipment.
05:50Canada has also imposed a 25% tariff on US products worth $20.7 billion in response.
05:59In addition, tariffs will be imposed on US products worth $86 billion in three weeks.
06:08The American people are already suffering from the issue of inflation.
06:13In the month of January, there has been a decrease in the purchasing power of American citizens.
06:18After the tariff, many cheap things in the United States will become expensive,
06:24which will directly affect American consumers.
06:28The way Trump is adopting policies, can it be the cause of a major crisis?
06:33Only time will tell.
06:35Because the US President will not be limited to these three countries.
06:40He has also threatened to tariff his closest and largest union, the European Union.
06:47According to Trump, the European Union was formed so that it can loot America.
06:52If he also takes the European Union in his arms, then which country will be safe from him?
06:59If powerful countries continue to impose their personal interests on global responsibilities,
07:05then not only their own economy, but the whole world will be harmed.
07:10Therefore, it is necessary that transparent negotiations and legal reforms should be given at the global level.
07:17So that a system can be established that is durable and sustainable.
07:22That's all for now. Stay tuned for more interesting videos with Daily Pakistan.
07:29Thanks for watching.