Trump Unhappy Over 50% Reduction On Import Tariff on American Motorcycles By India
US President Donald Trump said that India’s move to reduce the import tariff on American motorcycles from 100 to 50 isn’t acceptable to the U.S. administration that has freed Indian motorcycles from import duties.
He called Indian PM Narendra Modi a friend and appreciated that his Indian counterpart reduced the tariff on one phone call but it is still unacceptable to Americans that want it to be zero.
It is to be noted that earlier the import tariff on American motorcycles was 100% but it was reduced to 50% by PM Narendra Modi.
Trump stressed his good relations with Narendra Modi but said that the Americans can’t be fooled. He underlined that the U.S. administration under his leadership is ready to work with India to reduce the import tariff on American motorcycles.
The US President stressed on the point that the U.S. government stands at a trade deficit of USD 800 billion and reiterated his aim to reduce this deficit by taking tough measures.