India is not doing any favour to US by slashing customs duty to 50%: Trump

Vastavam web: President Donald Trump today recalled a conversation with Prime Minister Narendra Modi on the high import tariffs on Harley-Davidson motorcycles, saying India is not doing the US any “favour” by slashing customs duty to 50 per cent.Imported motorcycles from high-end brands, including Harley Davidson and Triumph, are set to get cheaper in India as the government has slashed customs duty to 50 per cent.Addressing a gathering of governors of all the states at the White House, Trump said the US wanted fair and reciprocal trade deals.

“When they (Harley Davidson) send a motorcycle to India, as an example, they have to pay 100 per cent tax — 100 per cent,” Trump said.Referring to his recent conversation with Prime Minister Modi, he said the “fantastic man” informed him that India has reduced tariffs on imported motorcycles, but the US was “getting nothing”.”I wasn’t sure — he said it so beautifully. He’s a beautiful man. And he said, ‘I just want to inform you that we have reduced it to 75, but we have further reduced it to 50’,” Trump said, mocking Prime Minister Modi.

“And I said, huh. What do I say? Am I supposed to be thrilled? And that’s not good for you people, especially as governors. It’s just not right. And we have many deals like that,” he said.”It’s a great company. When I spoke with your chairman or the president of Harley, they weren’t even asking for it because they’ve been ripped off with trade so long that they were surprised that I brought it up. I’m the one that’s pushing it more than they are, but it’s unfair. And India sells us a lot of motorbikes,” Trump said.This is for the second time in a month that Trump raised the issue of high import duties on motorcycles by India.