In the recent Conference, on Saturday The Next Big Thing was said by U.S. President, that he wants a reciprocal Tax or some kind of Tax to be Implied on INDIA as well.
“INDIA is very high Tariff Nation, they charge us a lot” said Mr. U.S. president, Donald Trump.
In the Conservative Political Action Conference (CPAC).
In his 2 hour long interval speech he continued with his often-said example of HARLEY DAVIDSON motorcycles,
” WHEN WE SEND MOTORCYCLES TO INDIA, THEY CHARGE US A 100% TARIFF.
WHILE IF WE IMPORT BIKES FROM THEM WE HARDLY CHARGE THEM ANY MONEY”
” AND HENCE, I WANT TO CHARGE A RECIPROCAL TAX ; MIRROR TAX TO BE PRECISED ON INDIA”
Most importantly, Seeing this, the U.S.A implied 25% tariff Tax on any MOTORCYCLES imported by USA through INDIA. The tariff would be of 25% respectively.
over which U.S. president said, “Its is foolish to imply such minor tax, but i have to do this for you all people and show my Support and strength”
While we must await to see any reactions over this matter, from our beloved Prime Minister, Mr Narendra Modi.
“While one is a developed nation and another the fastest growing economic nation. Where 1 is Super Advanced and another is Super Dynamic. Both the Nations go Hand-In-Hand and cannot pull the tug of War to strength were the ties can rip off. Hence, considering this an friendly competition, citizens of both nations would like to have a HAPPY TRADE Policy and yield more PROFITS from each other, without any Grudges”Thank You.
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