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US President Donald Trump announced a 90-day moratorium on tariffs. However, this moratorium did not include China. On the contrary, the tariff rate for China was increased to 125%, which is higher than ever before.

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A tariff is a tax that is levied on goods imported from other countries. Usually, it is a part of the price of a product. For example, if a product costs $10 and has a 25% tariff, it means you have to pay an additional $2.50. When companies bring foreign goods into the country, they have to pay this tax to the government.

Donald Trump said about the state of the stock market that the market is in a very disappointing state at the moment and this is making people a little worried. He urged people to "stay calm" and promised that "everything will be fine".

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Trump says that it is necessary for America to use tariffs to strengthen its economy. He believes that by doing so, the American people will be encouraged to buy more and more American goods. Trump also wants to reduce the difference in the prices of the things that America buys from abroad and the things it sells to foreign countries. According to him, some countries have taken advantage of America by cheating.

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Reciprocal tariff is a trade policy. In this, when a country responds to the tariff imposed on its exports by imposing a similar tariff on imports from another country. Its main purpose is to implement the principle of "tit for tat" in trade relations. With this measure, both countries face each other's trade decisions equally, which tries to keep the trade balanced.

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TARIFF

US President Donald Trump announced a 90-day moratorium on tariffs. However, this moratorium did not include China. On the contrary, the tariff rate for China was increased to 125%, which is higher than ever before.

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Donald Trump said about the state of the stock market that the market is in a very disappointing state at the moment and this is making people a little worried. He urged people to "stay calm" and promised that "everything will be fine".

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