Emerging economies such as India, Brazil and Vietnam, which impose tariff on US imports higher than what US charges them, are likely to draw the attention of trump.
๐๏ธ India charges a simple average (Overall) tariff of 12.4% on US products, while US charges 3.4% on Indian Imports.
๐๏ธ India runs a trade surplus worth $44 billion with the US, which has been a concern for Trump.
๐๐ฏ๐๐ซ๐๐ ๐ ๐ญ๐๐ซ๐ข๐๐- Average of all the extra amount charged from importer on total products.
๐๐ซ๐๐๐ ๐๐ฎ๐ซ๐ฉ๐ฅ๐ฎ๐ฌ- When a country (India) has more to export than it imports from a country(US).