Harley Davidson There is no shortage of bike fans in the country. However, many people were not able to buy yet due to its high price. However, now there is good news for them. Actually, a three-day talks for the trade deal between India and the US have started from today. In this, India can reduce many goods in America. According to information received from sources, India can announce the reduction of tariffs on American bombon whiskey, including the Harley-Davidson bike. Significantly, after Donald Trump became the US President, there is a trade war in the world. Trump has also threatened to increase the tariff on India. In view of this, the verta is going on in India and America. In this, India can cut import duty on many goods to provide relief to America. Due to this, the price of Harley-Davidson bike and Borbon Whiskey may decrease a major decrease.
Tax has been reduced earlier also
India had reduced the import duty on Harley-Davidson bike from 50 percent to 40 percent after Donald Trump became President. The import duty on Borbon Whiskey was reduced from 150 per cent to 100 per cent in the past. Now there is a preparation for further deduction in tax on both. This will make whiskey and bikes even cheaper. Along with this, India can also decide to reduce tax. This will benefit Alan Musk and his company Tesla. Tesla has been preparing to hit entry in India for a long time. However, due to tax, she has so far avoided the decision. Now the situation has changed since Trump’s arrival.
Agreements with many countries
India have made such agreements with the United Arab Emirates (UAE), Australia and European Free Trade Association (EFTA). While the US has demanded more market access to some industrial goods, vehicles, liquor and agriculture, India may consider the fee cut for labor-bound areas like textile. Lynch’s visit is taking place amid the announcement by US President Donald Trump to impose a counter custody on India. Trump has announced to impose this fee from April 2. Commerce and Industry Minister Piyush Goyal visited Washington in early March amid Trump’s announcement. He interacted with US trade representative Jemisson Greer and US Commerce Minister Howard Lutnik.
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