Donald Trump rakes up India tax issue; says would impose reciprocal tax if voted to power ~ The pressclub

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Monday 21 August 2023

Donald Trump rakes up India tax issue; says would impose reciprocal tax if voted to power

Former US President Donald Trump has once again criticized India's high taxes on certain American products, particularly Harley-Davidson motorcycles. He threatened to impose reciprocal taxes if he is reelected in the 2024 presidential elections. Trump previously terminated India's preferential market access to the US, citing unfair market conditions. In an interview, he highlighted the high tariffs imposed by India and expressed his desire for a matching tax. Trump argued that if India charges high tariffs, the US should do the same in return.

from India News | Latest India News Headlines & Live Updates from India - Times of India https://ift.tt/dIWKlt5
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