US President Donald Trump
There is an electoral atmosphere in America. The presidential elections are scheduled to be held in the first week of next month (November 5). There is a stage of rhetoric taking place in America during the election campaign. Former US President Donald Trump on Thursday claimed that India imposes the highest tariff (tax) on foreign products among all major countries. Donald Trump said this while speaking to members of the Detroit Economic Club.
America in general does not impose such taxes – Trump
GOP presidential candidate Trump said that if he is elected the next president of the United States, he will implement a similar tax. Accusing India of high tariff rates, Donald Trump said: “Perhaps the most important element of my plan to make America extraordinarily prosperous again is reciprocity.” This is a very important word in my plan because we generally do not impose tariffs.
This process began earlier
During his speech on economic policy, Trump stressed that the United States does not impose tariffs in general. This process began earlier. It was great. This tax is especially effective for pickup trucks and vans. Trump also said China was imposing a 200 percent tariff. He described Brazil as a country that imposes large customs tariffs.
Trump said that India is the most tense
According to PTI, the former US president said that the largest shipper is India. Citing Harley-Davidson’s business experience with India, he said India is a huge shipper. America has very good relations with India. It was theirs too. Especially with Modi.
Trump praised Prime Minister Modi highly
Trump said Narendra Modi is a great leader. He did a great job. Trump again insisted they would probably charge the same fee. Trump mentioned that when Harley-Davidson approached India, India asked the company to build its factory there to avoid high tariffs. Now they are doing business with India.
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