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.
Earlier, import of motorcycles with engine capacity of 800cc or less used to attract 60 per cent duty, while those with capacity of 800cc or more attracted 75 per cent duty.
"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 Narendra Modi, he said the "fantastic man" informed him that India has reduced tariffs on imported motorcycles, but the US was "getting nothing".
"Now, the prime minister, who I think is a fantastic man, called me the other day and said we are lowering it to 50 per cent. I said okay, but so far we're getting nothing. So we get nothing. He gets 50 (per cent), and they think we're doing -- like they're doing us a favour. That's not a favour," he said.
"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.
He said the US gets "zero" when it buys an Indian motorcycle.
"So when they have a motorbike -- a big number, by the way -- they have a company that does a lot of business. They have a motorcycle or a motorbike that comes into our country -- the number is zero. We get zero. They get 100 per cent, brought down to 75; brought down, now, to 50. Okay," Trump said.
This is for the second time in a month that Trump raised the issue of high import duties on motorcycles by India.
Earlier, he had called it "unfair" and threatened to increase the tariff on import of Indian motorcycles to the US.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
