Shortly after announcing a comprehensive mutual tariff, which will affect all nations that apply tariffs on American goods, Donald Trump talked about how India talks about tariffs. President Trump’s comment comes a few hours before his bilateral meeting with Prime Minister Narendra Modi, during which the two leaders will discuss the entire gamal of the relations of Indo-US. Tariffs will figure high on agenda.
Talking to reporters at the Oval Office after announced for a mutual tariff, President Trump said that “Allies are often worse than enemies” and said that America will now put a tight-for tat tariff on all countries which American goods will impose on all countries On the tariff.
President Trump said “India accuses a very high tariff”. He remembered how “Harley Davidson could not sell his motorbikes in India because due to the fact that in India – the tariff was so high.”
He said that “Harley was forced to make … but I think he made a factory in India to avoid paying the tariff. And these people can do it with us too.” The President, who has called his favorite word ‘tariffs’ in the dictionary on many occasions, is aimed at following this model of business, which aims to “make America re -make”.
He said that companies wishing to sell their products in the US would need to set up factories and industries in the United States to avoid steep tariffs. “They can build a factory here, a plant or whatever can be here and including therapy, including cars, including chips and semiconductors,” he said.
Earlier in the day, Tech billionaire and Donald Trump’s biggest supporter and confidant Elon Musk and his family met PM Modi. Musk, who is the founder of Tesla and SpaceX, is considering bringing his business to India. He has made announcements about this in the past, but has not yet started its factories in India.
Speaking about Elon Musk, President Trump said, “I meet. I think he wants to do business in India. But India is a very difficult place to do business due to tariff,” “I think he is probably met because he possibly meet because he is running a company, he has been doing something that he has felt strongly for a long time.”
Prime Minister Narendra Modi is in the US on a two -day official visit. He will hold bilateral talks with US President Donald Trump. While the two leaders will discuss the entire sargam of Indo-American relations, tariffs, visas and immigration, the major focus areas will be.
In the Union Budget presented in Parliament on February 1, before PM Modi’s visit to America, India, high -end motorcycles, cars and smartphone parts reduced customs duties on car – a step that a major boost to American companies like Harley Will give -Dvidson, Tesla and Apple.
However, Finance Minister Nirmala Sitarman made it clear that custom duty rationalization was introduced in the budget to ensure the Indian economy. Self -sufficient (Self -sufficient), and Donald Trump’s tariff declarations are not a sign.
“We are looking at our economy. We are looking to strengthen the foundation of the Indian economy, to make it a manufacturing center,” he said exclusively to Sanjay Pugalia of NDTV.
