Donald Trump doubles down on Reciprocal Tax for India if he is US President again | Oneindia News

last year

Former U.S. president Donald Trump, who is seeking his term, has once again raised the issue of high tax by India on certain American products, in particular the iconic Harley-Davidson motorcycles, and has threatened to slap reciprocal tax if voted to power in the 2024 presidential elections.

#DonaldTrump #USPresidentialElection #USPresident #USElections2024 #USPresidentialRace #ReciprocalTax #TrumpReciprocalTax #PresidentialDebate
~HT.98~PR.152~ED.101~

Transcript

00:00 Former US President Donald Trump, who is seeking his term, has once again raised the issue

00:08 of high tax by India on certain American products, in particular the iconic Harley Davidson motorcycles,

00:16 and has threatened to slap reciprocal tax if voted to power in the 2024 presidential

00:22 elections.

00:23 During his first term as the US President, Trump described India as a "tariff king"

00:30 and in May 2019 terminated India's preferential market access, generalized system of preferences

00:36 to the United States alleging India has not given the US equitable and reasonable access

00:42 to its markets.

00:44 In an interview with Fox Business News, Trump argued that the tax rates in India were quite

00:49 high and criticized it, talking about what he would do if he came to power, Trump said,

00:55 "The other thing I want to have is a matching tax, where if India charges us, India is very

01:01 big with tariffs.

01:03 I mean, I saw it with Harley Davidson.

01:06 I was saying, 'How do you do in a place like India?'

01:09 'Oh, no good, sir.

01:10 Why?'

01:11 They have 100% and 150% and 200% tariffs."

01:16 He noted that Indian motorbikes can be sold in the US without any taxes or tariffs, while

01:21 Harley Davidson motorcycles face high tariffs when exported to India.

01:25 The former US President also criticized Brazil for its high tariffs.

01:29 He mentioned a senator from Pennsylvania who opposed the idea of imposing tariffs on India

01:34 in response to its high tariffs on US products.

01:37 The former president questioned why the US could not charge any tariffs on Indian products

01:41 if they were charging the US such high rates.

01:44 "If India is charging us too, what I want to have is a, call it, retribution.

01:49 You could call it whatever you want.

01:50 If they are charging us, we charge them," Mr. Trump said in response to a question.

01:56 Trump is the leading candidate in the Republican presidential primaries despite facing multiple

02:01 court cases and indictments.

02:03 According to major national polls, he has garnered over half of the GOP votes.

02:07 Meanwhile, Donald Trump said on Sunday that he will skip this week's first Republican

02:12 presidential debate, arguing that Americans know him well and so there is no need for

02:18 a public showdown with his rivals for the White House.

02:21 In a message on his platform Truth Social, Trump touted what he called a "hugely successful

02:26 record" as president and what he described as his popularity among the American people.

02:31 "I will, therefore, not be doing the debates," he said.

02:35 The first debate in the race for the 2024 Republican presidential nomination is scheduled

02:40 for Wednesday in Milwaukee, Wisconsin.

02:42 [MUSIC]

02:52 [MUSIC]

Donald Trump doubles down on Reciprocal Tax for India if he is US President again | Oneindia News

Category

Transcript

Recommended