Home » World News » US is 'getting nothing' says Prez Trump over Harley tariff
 
SPEED NEWS

US is 'getting nothing' says Prez Trump over Harley tariff

Speed News Desk | Updated on: 27 February 2018, 13:11 IST

On Tuesday US President Donald Trump has once again raised the issue of a high import tariff on Harley-Davidson motorcycles saying that they wanted a fair and reciprocal trade deal from India.

He said so while addressing a gathering of Governors of all the states at the White House. Trump referred to PM Narendra Modi as a beautiful, fantastic man. He said that he received a call from the Indian counterpart informing him that India is lowering it to 50%. Responding to which, Donald Trump said okay but so far they were getting nothing.

This statement came days after Trump last lashed for high import tariff on Harley-Davidson motorcycle. President Donald Trump said that when Harley Davidson is imported to India, as an example, they have to pay 100% tax, 100%.”

Also Read:  Imported bikes to cost less in India, but Trump isn't impressed

However, the US president also shared about one of his conversation with PM Narendra Modi and while terming the Prime Minister a fantastic man said, “he informed him that India has reduced tariffs on imported motorcycles, but the US was “getting nothing”.

According to The Indian Express, President Trump while referring PM Modi a fantastic man, said that he received a call informing him that India is lowering it to 50%. Responding to which, the US president said okay but so far they were getting nothing. “He gets 50%, and they think we’re doing like they’re doing us a favour. That’s not a favour,” President Trump added.

Continuing with his remarks on the issue, President Trump called PM Modi a beautiful man and said, “I wasn’t sure, he said it so beautifully. He’s a beautiful man. And he said, ‘I just want to inform you that we have reduced it to 75, but we have further reduced it to 50’. And I said, huh. What do I say? Am I supposed to be thrilled? And that’s not good for you people, especially as governors. It’s just not right. And we have many deals like that.”

US President Donald Trump who continued with his remarks on the import duty mentioned while addressing to a gathering of governors of all the states at the White House also said that when India sells a motorcycle in US, it gets nothing, it gets zero. Therefore they needed fair and reciprocal trade deals.

Despite New Delhi’s slashed customs duty on imported motorcycles from high brands to 50%. Donald Trump, during a discussion with Congress members over the steel industry, also menaced to surge the tariff on the import of “thousands and thousands “of Indian motorcycles to the US. Recently, the Indian government’s reduced tariffs on motorcycles from 75% to 50%.

Earlier in the month, Donald Trump during a discussion with Congress members over the steel industry also menaced to surge the tariff on the import of “thousands and thousands “of Indian motorcycles to the US. Recently, the Indian government’s reduced tariffs on motorcycles from 75% to 50%.

The President raised the issue asserted that the reduction was not enough, as the US imposes “zero tax” on the import of motorcycles. He also stated that “we will also do the same.” He emphasised on “reciprocal tax” on countries that abuse trade relationships with the United States. In the past, Trump has given utmost importance to the idea of “reciprocal tax” slapping on other countries, including its allies, that take advantage of the US.

However, while speculations were doing the round on PM Modi and Donald Trump relationship, an official from State Department of United States a couple of days before said that US President Donald Trump and PM Modi enjoy a strong relationship with each other.

First published: 27 February 2018, 13:11 IST