Thursday, May 2, 2024
ADVT 
International

India One Of Highest 'Taxing Nations' In The World, Says Donald Trump

Darpan News Desk IANS, 04 Apr, 2019 08:42 PM

    India is one of the highest "taxing nations" in the world, US President Donald Trump said as he again slammed the country for imposing 100 per cent tariffs on American products, including the Harley-Davidson motorcycles.


    Such a high tariff is not fair, Donald Trump said on Tuesday during National Republican Congressional Committee Annual Spring Dinner in Washington.


    Early this year, at a White House event to announce his support for reciprocal tax, Donald Trump had said he was satisfied with India's decision to reduce the import tariff on Harley-Davidson motorcycles from 100 per cent to 50 per cent. "Even this is not enough, this is okay," he said at that time.


    Donald Trump has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" tariffs on US products.


    "I got a call from Prime Minister (Narendra) Modi of India. They're one of the highest taxing nations in the world. They taxed us 100 per cent," the US President said.


    "They charge us 100 per cent tariffs on goods. So they send a motorcycle, and they make a lot of them. They send them to our country, we charge them nothing. We send a Harley Davidson to India and they charge us 100 per cent. Not fair, okay. Not reciprocal. It's not fair," Donald Trump said.


    During his address to the National Republican Congressional Committee Annual Spring Dinner, Donald Trump explained how his trade policies are successfully addressing the balance of trade issue with other countries.


    Trade talks with China are going on very well, he informed.


    Top trade officials from US and China are holding talks to negotiate a comprehensive trade deal.


    "I think we're doing very well. They need the deal more than we do. They need the deal. And they getting hurt badly with they're paying 25 per cent on $50 billion worth of technology stuff and they were going to pay 25 per cent on another $200 billion," the US President said.


    Donald Trump said his administration is fixing broken trade deals to protect US workers.


    "We are standing up to China's chronic trading abuses and theft of intellectual properties and so many other things that they've done to us," he said.


    "I don't know how you people allowed this to happen for so many years. You've been here longer than me. But they really have, they've taken advantage of our country. And you know what? I respect them for it. I say it. We should have been doing that to them," he said.

    MORE International ARTICLES

    Pakistan Acknowledges F-16 Jets Were 'Airborne' During Operation To Attack Indian Targets

    Pakistan on Monday for the first time indicated that F-16s might have been used to hit Indian fighter jets during the aerial combat on February 27 and said Islamabad retains the right to use “anything and everything” in its self defence.

    Pakistan Acknowledges F-16 Jets Were 'Airborne' During Operation To Attack Indian Targets

    Shanghai Becomes World's First City With 5G Network Coverage: Report

    Shanghai has developed what it claims to be the first district boasting both 5G coverage and a broadband gigabit network.  

    Shanghai Becomes World's First City With 5G Network Coverage: Report

    Controversial Gopal Chawla's Name In Kartarpur Commitee Jeopardises Next Meet On Corridor

    India on Friday summoned Pakistan's Deputy High Commissioner Syed Haider Shah and conveyed its concerns over the presence of Khalistani separatists in a committee appointed by Pakistan on the Kartarpur Corridor project, sources said.

    Controversial Gopal Chawla's Name In Kartarpur Commitee Jeopardises Next Meet On Corridor

    Masood Azhar Listing In UN: China Denies Its Action Amounted To Sheltering Terrorists

    Defending its repeated attempts to block the listing of JeM chief Masood Azhar as a global terrorist by the UN, China on Friday refuted US allegation that its action amounted to protecting violent Islamic groups from sanctions.

    Masood Azhar Listing In UN: China Denies Its Action Amounted To Sheltering Terrorists

    IMF Pakistan Bailout Of $8 Billion To $12 Billion Likely By Mid-May: Minister

    IMF Pakistan Bailout Of $8 Billion To $12 Billion Likely By Mid-May: Minister
    The Pakistan Tehreek-i-Insaf (PTI) government led by Prime Minister Imran Khan has been grappling with a severe balance of payments crisis. Islamabad has sought help from close allies like China, Saudi Arabia and the UAE to bail itself out from a severe balance-of-payments crisis.

    IMF Pakistan Bailout Of $8 Billion To $12 Billion Likely By Mid-May: Minister

    Air India Found To Be Using Boarding Passes With PM Modi's Photo Again

    Air India Friday was again found to be using boarding passes carrying photographs of Prime Minister Narendra Modi and Gujarat Chief Minister Vijay Rupani, days after the national carrier decided to roll back such passes amid criticism over alleged poll code violation.  

    Air India Found To Be Using Boarding Passes With PM Modi's Photo Again