New Delhi: There is an atmosphere of anxiety all over the world after the US President signed the order related to the importation of aluminum.
Donald Trump, on the other hand, has threatened to impose counter-tax on countries like India and China for not accepting the US tariff. In the past, Trump has repeatedly expressed displeasure at the 50 percent import duty imposed by India on the Harley Davidson bike. Let Harley Davidson be a premium bike manufacturer in the US, where the bikes get high prices in the Indian market.
Zero tax on bikes imported from India Trump has said many times that zero tax is imposed in America on motorcycles imported from India. He also said that America can also impose import duty on Indian motorcycles. Trump said if China would impose 25% charge on us and India will charge 75%, then we will apply the same tax in response to this. Let us tell you that in the past, India had reduced import duty on motorcycles such as Harley Davidson to 50 percent. But Trump is still asking for reducing it even more.
Reduced import duty to 50 percent
Trump had said that the Indian government recently reduced the duty on imported motorcycles from 75 percent to 50 percent, which is not correct. He insisted on making it the same. Significantly, US President Donald Trump has signed an order to impose 25 percent on import of steel and 10 percent duty on aluminum on Friday. After this action done by trump, business war can spread worldwide. This disputed charge of the US came into effect within 15 days.
