‘Unacceptable!' Trump demands India reduce Harley tariffs to ZERO, says friend Modi ‘working on it'
Added 06-11-19 12:37:08am EST - “India must reduce import duties on American goods, motorcycles in particular, to zero, President Donald Trump demanded amid escalating trade tensions with the South Asian nation, stressing that the US will no longer get "robbed."” - Rt.com
CLICK TO SHARE
Harley Davidson motorcycles must be imported to India at net value, Trump told CNBC’s Joe Kernen, as the legendary American motorcycle maker is trying to capture one of the world’s largest markets. While the billionaire president lauded his effort over the last year effort to have the import fees on American bikes slashed by half, Trump remains committed to coercing India into more concessions.
“You look at India...100 percent tax on a motorcycle...I called him [Prime Minister Modi]. I said it’s unacceptable. He [Modi] reduced it by 50 percent with one phone call,” Trump said Monday.
I said it’s still unacceptable because it is 50 percent versus nothing. It’s still unacceptable. And they’re working on it.
During the interview, the US president continued to defend his fierce protectionist policies which brought his administration at odds with a number of traditional trade partners.
“We’re the bank that everybody wants to rob. And that’s what they’ve been doing for a long period of time,” Trump claimed, vowing to continue to work to reduce the ‘$800 billion’ trade deficit. “We are not fools anymore. We are not the foolish country that does so badly.”
Post a comment.
CLICK TO SHARE