India Trade Surplus

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.

๐ŸŽ—๏ธ India charges a simple average (Overall) tariff of 12.4% on US products, while US charges 3.4% on Indian Imports.
๐ŸŽ—๏ธ India runs a trade surplus worth $44 billion with the US, which has been a concern for Trump.

๐€๐ฏ๐ž๐ซ๐š๐ ๐ž ๐ญ๐š๐ซ๐ข๐Ÿ๐Ÿ- Average of all the extra amount charged from importer on total products.
๐“๐ซ๐š๐๐ž ๐’๐ฎ๐ซ๐ฉ๐ฅ๐ฎ๐ฌ- When a country (India) has more to export than it imports from a country(US).