Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
May 20, Sunday 2018 11:21 PM       

       HEADLINES: Three Keralites killed in Tamil Nadu accident                                              Chengannur poll will assess administration, says VS                                              Woman shot dead in Kozhikode                                              Rare viral infection: Precautionary measures taken, says minister                                              LDF favours upper castes, says Vellappally                                              Railways' ode to Gandhi: No non-vegetarian food on Oct 2                                              K’taka: Congressman Parameshwara to be Dy. CM; Likely list of ministers                                              K'taka: There ought to be quid pro quo, says Kharge on cabinet berths                                              N Korea setting up stands for viewers to watch dismantling of nuclear test site                                              US report warns about China's 'debt book diplomacy'                                              Turkish agency organises Iftar for Rohingya refugees                                              China gold mine project at Arunachal border could irk India                                              IPL ’18: KKR beat SRH by 5 wickets, enter play-offs                                              IPL ‘18: MI bow out in league stage after loss to DD                                              IPL ’18: Punjab post 153 against CSK                                              Kaumudi Facebook
       WORLD Next Article: Iraq aims to raise oil output to 7 mn barrels: minister  
       Trump slams India for high import tariffs on Harley-Davidson
 
         Posted on :01:50:00 Feb 15, 2018
   
A A
       Last edited on:01:50:00 Feb 15, 2018
         Tags: Trump slams India for high import tariffs on
 
Washington: US President Donald Trump today slammed India for a high import tariff on Harley-Davidson motorcycle, calling it "unfair", even as New Delhi slashed customs duty on imported motorcycles from high-end brands to 50 per cent.
 
Trump, during a discussion with members of the Congress over steel industry, also threatened to increase the tariff on import of Indian motorcycles to the US.
 
He said the recent decision of the Indian government to reduce the tariff from 75 per cent to 50 per cent was not enough and asked that it should be reciprocal, as the US imposes "zero tax" on the import of motorcycles.
 
"We have so many countries where we made a product, they make a product, ..We pay a tremendous tax to get into their countries -- motorcycles, Harley Davidson -- it goes into a certain country. I won't mention the fact that it happens to be India, in this case," Trump said amidst laughter from the audience.
 
In fact, he also indirectly referred to the recent conversation he had with Prime Minister Narendra Modi in this regard.
 
"And a great gentleman called me from India and he said, we have just reduced the tariff on motorcycles, reduced it down to 50 per cent from 75, and even 100 per cent," Trump said in an apparent reference to his last week's conversation with Prime Minister Modi.
 
"We have -- if you are Harley Davidson, you have 50 to 75 per cent tax, tariff to get your motorcycle, your product in. And yet they sell thousands and thousands of motorcycles, which a lot of people don't know, from India into the United States. You know what our tax is? Nothing," he told the lawmakers and his other Cabinet colleague.
 
Trump once again pitched for a "reciprocal tax" on countries that he says abuse their trade relationships with the US.
 
"So, I say, we should have reciprocal taxes for a case like that. I'm not blaming India. I think it's great that they can get away with it. I don't know why people allowed them to get away with it. But there's an example that's very unfair. I think we should have a reciprocal tax," he said.
 
Trump has floated the idea of a reciprocal tax in the past, promising to slap it on countries, including allies, that take advantage of the United States.
 
"That's called fair trade. It's called free trade. Because ultimately, what's going to happen -- either we'll collect the same that they're collecting, or, probably, what happens is they'll end up not charging a tax and we won't have a tax. And that becomes free trade," Trump said.
 
Imported motorcycles from high-end brands such as Harley-Davidson and Triumph are set to get cheaper in India with the reduction in the tariffs.
 
Earlier, import of motorcycles with engine capacity of 800cc or less used to attract 60 per cent duty, while those with the capacity of above 800cc, attracted 75 per cent duty.
A A
       WORLD
Next Article: Iraq aims to raise oil output to 7 mn barrels: minister
 
 
WORLD HEADLINES
China gold mine project at Arunachal border could irk India  
Turkish agency organises Iftar for Rohingya refugees  
US report warns about China's 'debt book diplomacy'  
N Korea setting up stands for viewers to watch dismantling of nuclear test site  
Pak blocks daily over Nawaz report  
Nawaz Sharif's '26/11 remark' anti-Pak: Pervaiz Ashraf  
Royal Wedding: Prince Harry, Meghan Markle now husband and wife  
China lands strategic bombers in South China Sea for first time; US sees red  
Royal wedding 2018: 16th royal wedding in Windsor Castle  
Afghan cricket stadium attack leaves 8 dead, 45 wounded  
Airliner with 110 aboard crashes in Cuba, 3 survivors  
Eight killed in Texas school shooting  
Global terrorist Hafiz Saaed's security restored in Pakistan  
Cambridge Analytica files for bankruptcy  
130 US lawmakers back work permits for H-1B spouses  
Indian-origin pharmacist found murdered in northern England  
Trump offers protection to N Korea in return for denuclearisation  
Florida school shooting accused threatened to kill family in past  
US, N Korea apart on denuclearisation issue: S Korea  
LeJ Balochistan chief killed in army operation in Pakistan  
Modi-Putin informal summit: Global terrorism likely to be discussed  
UN is finished: Erdogan on Gaza killings  
Israeli PM's son abuses Turkey on social media  
Nepal: Left alliance unifies to form single party  
Gina Haspel becomes CIA director  
 
Will Kumaraswamy be able to form a stable government in Karnataka?
yes
 
no
 
don't know
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy