Washington, Aug 21 (PTI) Former US president Donald Trump has once again raised the issue of high taxes in India on certain American products, in particular the iconic Harley-Davidson motorcycles, and has threatened to slap reciprocal tax if he is voted to power in the 2024 presidential elections.
During his first term as the US president, Trump described India as a “tariff king” and in May 2019, terminated India’s preferential market access — Generalised System of Preferences (GSP) — to the United States alleging India has not given the United States “equitable and reasonable access to its markets.” The 77-year-old former president, who is facing a series of court cases and indictments, is leading the Republican presidential primaries and accounts for more than half of the GOP votes according to major national polls.
In an interview with Larry Kudlow of Fox Business News, Trump said came down heavily on India’s tax rates, which he alleged were quite high.
Source :- https://www.ptinews.com/news/international/634144.html
