The American president Donald Trump has expressed his displeasure over India's taxation of its popular Harley Davidson bike brand. In a discussion held by Trump with the American MPs, Trump, while expressing his angst, also expressed as a warning that he will decide on increasing the taxes on Motor cycles exported by India as well.
Donald trump had reportedly said that, since US has to pay excess tax for bringing in their Harley Davidson brand bikes into several countries, one of them being India, a great gentleman had discussed with him over phone that the taxes on motor cycles have been reduced from 75% TO 50%, Indirectly attacking India, as India was the only country that had recently reduced the taxes to 50%.
He further added that India is
exporting its bikes without paying extreme taxes, but since we are forces to
pay, it’s high time we begin imposing taxes on Indian bikes as well. While the
quantity of bikes exported to US higher, compared to just around 3700 Harley
Davidson bikes exported by US, Trump is still adamant over taxing
Indians.