Key Points
Commerce and Industry Minister Piyush Goyal indicated that India may be open to Donald Trumps longstanding request to lower tariffs on Harley-Davidson motorcycles, often considered a symbol of American manufacturing..
The minister made this statement in response to a question on whether India would consider reducing tariffs following Trumps victory in the US presidential elections...
Speaking at the Business Todays Most Powerful Women 2024 event, Goyal expressed Indias openness to reconsidering the tariffs on the iconic motorcycles, highlighting that India does not currently produce such heavy bikes, creating little domestic competition...
While the government has long been cautious about reducing tariffs on various imported goods, Goyal highlighted that in the case of specific products like Harley-Davidson motorcycles, where theres no domestic equivalent, such requests could be revisited...
I think in more ways than one, Donald Trump has made it clear that he likes India, wants to expand business with India, wants to do more trade with India and wants to work with his good friend, PM Modi, Goyal said, highlighting the personal rapport that underpins the India-US relationship...
