reciprocal tax

Washington, Aug 21, Reiterating that India imposes high tariffs on American companies that manufacture motorcycles and cars, former US President Donald Trump has said he will slap reciprocal tax if voted to power in 2024. Referring to the import tariff on the Harley Davidson motorcycles, Trump has been wanting India to reduce the export duty to zero since 2019 when he was the president. In an interview on Fox Business News, Trump said: "What would happen if America imposes a similar tax on Indian products entering the US? The other thing I want to have is a matching tax where,…