US President Donald Trump on Thursday tweeted that he was looking forward to speaking with Indian Prime Minister Narendra Modi about <a href="https://www.wionews.com/world/modi-reduced-tariffs-on-harley-davidson-motorcycles-by-50-i-said-it-was-still-unacceptable-trump-226103">''very high tariffs''</a> against the United States ahead of the duo set to meet on the sidelines of G20 summit in Osaka on Friday.

''I look forward to speaking with Prime Minister Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!'' tweeted Trump as he departed US for the G20 summit in Osaka, Japan.

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India had imposed retaliatory tariffs and announced a hike in custom duties on 28 US products earlier this month, after Washington ended trade concessions for India on June 1 under Generalized System of Preferences (GSP). The products whose customs duties were hiked include almond, apple, pulses and walnut.

Trump in the past often criticised India for high tariffs on US goods and called India a <a href="https://www.wionews.com/world/tariff-king-india-wants-trade-talks-us-immediately-says-trump-168847">"tariff king"</a>.&nbsp;

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I look forward to speaking with Prime Minister Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!
— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1144089743795216384?ref_src=twsrc%5Etfw">June 27, 2019</a></blockquote>
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''India does not want me&nbsp;to impose tariffs on its products reaching American shores while India was imposing 100 per cent tariffs on US products,'' Trump had said repeatedly in the recent past.

Trump had earlier slammed India for reported high import tariff on Harley-Davidson motorcycles calling it “unfair” even though India had cut import duty by up to 50 per cent.

US President Donald Trump on Thursday tweeted that he was looking forward to speaking with Indian Prime Minister Narendra Modi about ''very high tariffs'' against the United States ahead of the duo set to meet on the sidelines of G20 summit in Osaka on Friday.

US President Donald Trump on Thursday tweeted that he was looking forward to speaking with Indian Prime Minister Narendra Modi about ''very high tariffs'' against the United States ahead of the duo set to meet on the sidelines of G20 summit in Osaka on Friday. ''I look forward to speaking with Prime Minister Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn!'' tweeted Trump as he departed US for the G20 summit in Osaka, Japan. × India had imposed retaliatory tariffs and announced a hike in custom duties on 28 US products earlier this month, after Washington ended trade concessions for India on June 1 under Generalized System of Preferences (GSP). The products whose customs duties were hiked include almond, apple, pulses and walnut. Trump in the past often criticised India for high tariffs on US goods and called India a "tariff king". I look forward to speaking with Prime Minister Modi about the fact that India, for years having put very high Tariffs against the United States, just recently increased the Tariffs even further. This is unacceptable and the Tariffs must be withdrawn! — Donald J. Trump (@realDonaldTrump) June 27, 2019 × ''India does not want me to impose tariffs on its products reaching American shores while India was imposing 100 per cent tariffs on US products,'' Trump had said repeatedly in the recent past. Trump had earlier slammed India for reported high import tariff on Harley-Davidson motorcycles calling it “unfair” even though India had cut import duty by up to 50 per cent.

Look forward to speaking with Modi on 'very high tariffs' against US, tweets Trump ahead of G20 meet 

US President Donald Trump said that even though<a href="https://www.wionews.com/world/tariff-king-india-wants-trade-talks-us-immediately-says-trump-168847"> India has reduced its import tariff </a>on American motorcycles from 100 per cent to 50 per cent, it is still too high and not acceptable to him.

Trump said the United States, under his leadership, is a country that can no longer be fooled.

"We're not the foolish country that does so badly. You look at India, very good friend of mine, Prime Minister (Narendra) Modi, you take a look at what they've done, 100 per cent tax on a motorcycle. We charge them nothing," Trump told CBS news in an interview on Monday.&nbsp;

Trump was referring to the import tariff on the<a href="https://www.wionews.com/india-news/india-certainly-not-a-tariff-king-says-world-bank-official-on-donald-trumps-remarks-174726"> Harley Davidson motorcycles</a>, an issue that has been close to his heart and wants India to reduce it to zero.

"So, when Harley sends over there, they have 100 per cent tax. When they (India) send in,&nbsp;they make a tremendous number of motorcycles,&nbsp;&nbsp;when they send them in, no tax. I called him. I said it's unacceptable,"&nbsp;Trump said, referring to his conversation with Prime Minister Modi.

"He (Modi) reduced it by 50 per cent with one phone call. I said it's still unacceptable because it's 50 per cent versus nothing. It's still unacceptable. And they're working on it," he said, indicating that the two countries are still in talks to resolve the issue of import tariffs on American motorcycles.

"But if I didn't, if we didn't have the power of what we have, and if we weren't the bank - well, if we weren't the bank we wouldn't even be talking about it because nobody would care. But we're the bank that everybody wants to rob, and that's what they've been doing for a long period of time. $800 billion we have in trade deficits with other countries. So you tell me who made those deals,"&nbsp;he said in response to a question.

US President Donald Trump said that even though India has reduced its import tariff on American motorcycles from 100 per cent to 50 per cent, it is still too high and not acceptable to him.

US President Donald Trump said that even though India has reduced its import tariff on American motorcycles from 100 per cent to 50 per cent, it is still too high and not acceptable to him. Trump said the United States, under his leadership, is a country that can no longer be fooled. "We're not the foolish country that does so badly. You look at India, very good friend of mine, Prime Minister (Narendra) Modi, you take a look at what they've done, 100 per cent tax on a motorcycle. We charge them nothing," Trump told CBS news in an interview on Monday. Trump was referring to the import tariff on the Harley Davidson motorcycles, an issue that has been close to his heart and wants India to reduce it to zero. "So, when Harley sends over there, they have 100 per cent tax. When they (India) send in, they make a tremendous number of motorcycles, when they send them in, no tax. I called him. I said it's unacceptable," Trump said, referring to his conversation with Prime Minister Modi. "He (Modi) reduced it by 50 per cent with one phone call. I said it's still unacceptable because it's 50 per cent versus nothing. It's still unacceptable. And they're working on it," he said, indicating that the two countries are still in talks to resolve the issue of import tariffs on American motorcycles. "But if I didn't, if we didn't have the power of what we have, and if we weren't the bank - well, if we weren't the bank we wouldn't even be talking about it because nobody would care. But we're the bank that everybody wants to rob, and that's what they've been doing for a long period of time. $800 billion we have in trade deficits with other countries. So you tell me who made those deals," he said in response to a question.

Modi reduced tariffs on Harley Davidson motorcycles by 50%, I said it was still unacceptable: Trump

India has delayed the implementation of <a href="https://www.wionews.com/world/if-someone-attacks-us-on-our-doorstep-we-will-fight-to-the-finish-china-on-trade-war-with-us-218705">higher tariffs on some goods</a> imported from the United States to June 16, according to a government statement.

The new duties were to come into force from May 16.

Angered by Washington’s refusal to exempt it from <a href="https://www.wionews.com/world/trump-says-he-feels-us-china-trade-talks-going-to-be-very-successful-218515">new steel and aluminium tariffs</a>, New Delhi announced in June last year a plan to raise the import tax on US products such as almonds, walnuts and apples.

But since then, New Delhi has repeatedly delayed the implementation of the new tariffs. In October last year, Trump described India as a "tariff king" as he reiterated his allegations that New Delhi has a high tariff rate on various American products.

India's proposed retaliatory tariffs are far less than that by China on more than 800 American agricultural products which accounted for approximately $20.6 billion in exports to the US in 2017.

India ranked third as a destination for US apple exports in 2017, purchasing $97 million of US apples, or 10 per cent of the total exports. India's exports to the US in 2017-18 stood at $47.9 billion, while imports were $26.7 billion. The trade balance is in favour of India.

According to a US Congressional report, India's proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly $900 million.

Countries have imposed tariffs on American agricultural products to retaliate against actions the Trump administration took in March, 2018 to protect US steel and aluminium producers and in response to Chinese intellectual property rights and technology policies.

Since then, over 800 US food and agricultural products have been subject to retaliatory tariffs from China, the EU, Turkey, Canada and Mexico.

(Inputs: Reuters and PTI)

India has delayed the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement. The new duties were to come into force from May 16.

India has delayed the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement. The new duties were to come into force from May 16. Angered by Washington’s refusal to exempt it from new steel and aluminium tariffs, New Delhi announced in June last year a plan to raise the import tax on US products such as almonds, walnuts and apples. But since then, New Delhi has repeatedly delayed the implementation of the new tariffs. In October last year, Trump described India as a "tariff king" as he reiterated his allegations that New Delhi has a high tariff rate on various American products. India's proposed retaliatory tariffs are far less than that by China on more than 800 American agricultural products which accounted for approximately $20.6 billion in exports to the US in 2017. India ranked third as a destination for US apple exports in 2017, purchasing $97 million of US apples, or 10 per cent of the total exports. India's exports to the US in 2017-18 stood at $47.9 billion, while imports were $26.7 billion. The trade balance is in favour of India. According to a US Congressional report, India's proposed retaliatory tariffs against US agricultural products including apples, almonds and lentils will have an adverse impact on American exports worth nearly $900 million. Countries have imposed tariffs on American agricultural products to retaliate against actions the Trump administration took in March, 2018 to protect US steel and aluminium producers and in response to Chinese intellectual property rights and technology policies. Since then, over 800 US food and agricultural products have been subject to retaliatory tariffs from China, the EU, Turkey, Canada and Mexico. (Inputs: Reuters and PTI)

India postpones levying retaliatory tariff on US goods

President Trump has criticised India's "big tariffs" on <a href="https://www.wionews.com/world/trump-vows-to-hit-back-at-eu-as-tariffs-bite-harley-davidson-213010">American paper products</a> and the iconic Harley-Davidson bikes once again, saying the US has been losing billions of dollars to countries like India, China and Japan.

Addressing a Republican political rally in Wisconsin state's Green Bay city on Sunday, Trump alleged that every country has been ripping off America for years.

The President has repeatedly claimed that <a href="https://www.wionews.com/india-news/india-is-not-a-tariff-king-has-the-right-to-protect-specific-sectors-under-wto-experts-212214">India is a "tariff king"</a> and imposes "tremendously high" tariffs on American products.

"For so many decades, we've been losing tens of billions of dollars to China and Japan, and India, and name any country and we lost, but we're not losing anymore," he said to his cheering supporters.

He said that the US was being charged high tariffs on foreign paper products.

"We charge other countries zero tariffs on foreign paper products, but when Wisconsin paper companies export it abroad... China charged us big tariffs, India charged us big tariffs, Vietnam charge us massive tariffs," Trump said.

He claimed that people of the US demanded a government that puts America first.

"And we're doing that with China, we're doing that with India, we're doing that with Japan, we're doing it with a great new trade deal, that hopefully will get approved in the house," the President said.

Early this year at a White House event to announce his support for reciprocal tax, Trump had said that he was satisfied with the Indian decision to reduce the import tariff on high-end Harley-Davidson motorcycles from 100 per cent to 50 per cent.

The President said that he called up Prime Minister Narendra Modi on the issue of tariffs on Harley-Davidson motorcycles.

"Look at Harley-Davidson. I met with them three years ago, they would tell me tough to do business in a certain kind. I asked 'How you're doing in India?' and they said, 'Oh, we don't do any business'.&nbsp;

"So India charged a 100 per cent tariff on Harley-Davidson, but when they send their motorcycles and they may come to us, we charge them nothing," Trump said.

"So I called up Prime Minister Modi, I said unfair, he cut it 50 per cent... But that's not good enough because look, it's 50 per cent to nothing. And what we're doing is changing all of that stuff, changing all of that rapidly," he added.

India is pressing for exemption from the high duty imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic products under the Generalised System of Preferences (GSP) programme, greater market access for its products from agriculture, automobile, automobile components and engineering sectors.

On the other hand, the US is demanding greater market access through a cut in import duties for its agriculture goods, dairy products, medical devices, IT and communication items. India has stated that it would be difficult for them to cut duties on IT products.

India's exports to the US in 2017-18 stood at $47.9 billion, while imports were $26.7 billion. The trade balance is in favour of India.

President Trump has criticised India's "big tariffs" on American paper products and the iconic Harley-Davidson bikes once again, saying the US has been losing billions of dollars to countries like India, China and Japan.

President Trump has criticised India's "big tariffs" on American paper products and the iconic Harley-Davidson bikes once again, saying the US has been losing billions of dollars to countries like India, China and Japan. Addressing a Republican political rally in Wisconsin state's Green Bay city on Sunday, Trump alleged that every country has been ripping off America for years. The President has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" tariffs on American products. "For so many decades, we've been losing tens of billions of dollars to China and Japan, and India, and name any country and we lost, but we're not losing anymore," he said to his cheering supporters. He said that the US was being charged high tariffs on foreign paper products. "We charge other countries zero tariffs on foreign paper products, but when Wisconsin paper companies export it abroad... China charged us big tariffs, India charged us big tariffs, Vietnam charge us massive tariffs," Trump said. He claimed that people of the US demanded a government that puts America first. "And we're doing that with China, we're doing that with India, we're doing that with Japan, we're doing it with a great new trade deal, that hopefully will get approved in the house," the President said. Early this year at a White House event to announce his support for reciprocal tax, Trump had said that he was satisfied with the Indian decision to reduce the import tariff on high-end Harley-Davidson motorcycles from 100 per cent to 50 per cent. The President said that he called up Prime Minister Narendra Modi on the issue of tariffs on Harley-Davidson motorcycles. "Look at Harley-Davidson. I met with them three years ago, they would tell me tough to do business in a certain kind. I asked 'How you're doing in India?' and they said, 'Oh, we don't do any business'. "So India charged a 100 per cent tariff on Harley-Davidson, but when they send their motorcycles and they may come to us, we charge them nothing," Trump said. "So I called up Prime Minister Modi, I said unfair, he cut it 50 per cent... But that's not good enough because look, it's 50 per cent to nothing. And what we're doing is changing all of that stuff, changing all of that rapidly," he added. India is pressing for exemption from the high duty imposed by the US on certain steel and aluminium products, resumption of export benefits to certain domestic products under the Generalised System of Preferences (GSP) programme, greater market access for its products from agriculture, automobile, automobile components and engineering sectors. On the other hand, the US is demanding greater market access through a cut in import duties for its agriculture goods, dairy products, medical devices, IT and communication items. India has stated that it would be difficult for them to cut duties on IT products. India's exports to the US in 2017-18 stood at $47.9 billion, while imports were $26.7 billion. The trade balance is in favour of India.

China, India, Vietnam charged us big tariffs: Trump at Wisconsin rally

India is not a 'tariff king' and it has all the right to take appropriate measures to protect the interest of specific sectors like agriculture, international trade experts have said.

Rejecting the US allegation that India's import duties are one of the highest in the world, experts said that several developed countries and regions including Japan, South Korea, European Union, and America maintain "extremely high" tariffs primarily on agriculture products.

The US President Donald Trump has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" import duties on American goods.

Biswajit Dhar, a professor of economics at Jawaharlal Nehru University, said that the US allegations are completely unfounded.

"In fact, the US import duties on several of their products are quite high such as on tobacco it is about 350 per cent and 164 per cent on peanuts. They too maintain reasonably high duties," Dhar said.

Sharing similar views, Professor at Indian Institute of Foreign Trade (IIFT) Rakesh Mohan Joshi said that the US allegations are not correct and in fact, they should rationalise their duty structure being a developed nation.

Trade Promotion Council of India Chairman Mohit Singla said that the assertion of the US is not factually correct.

He said that the allegation of Trump that India is a tariff king does not hold true and is unjustified.

"Like other nations, India has the right to take appropriate measures to protect its domestic interests in specific sectors as and when it is deemed fit.

Moreover, there are many countries which have much higher tariff as compared to India. Being a signatory and member of WTO, India remains committed to free, fair, and predictable trade," Singla added.

Geneva-based 164-member World Trade Organisation (WTO) is a multilateral body which frames global trade norms.

Singla claimed that countries like Japan levy 736 per cent duty on certain products; while Korea imposes 807 per cent on some goods.

Federation of Indian Exports Organisation (FIEO) said that product-specific high tariffs, like 150 per cent on alcoholic beverages, 100 per cent on coffee, and 60-75 per cent on automobiles have made India a villain in the eyes of the US President.

However, many countries in the world including Japan, South Korea, the EU, the US maintain an extremely high tariff primarily on agriculture products, FIEO Director General Ajay Sahai said.

"India's average WTO bound tariff is 48.5 per cent while average applied tariff is 13.4 per cent. The wide gap between the two clearly shows that India is not a tariff king else it would have pushed the applied tariff very close to the bound rates," Sahai said.

While bound tariffs or duties refer to the ceiling, the applied tariff is the duty which is currently in place.

Another expert, who did not wish to be named, said that the US should not level any allegation of discrimination at tariff front vis-a-vis developing countries like India as America has emerged as one of the richest nations in the world with per capita income of about USD 60,000 per annum.

"Repeated mention of India as a tariff king with cherry-picked examples like motorbikes and whiskey is disingenuous, as it conveniently ignores the overall tariff structure of the country, apart from India's developing status," the expert said.

He added that India has complied with all tariff commitments under the WTO and has made sincere efforts to reduce applied duties suo-moto to 13.7 per cent today over a period of time.

Recently, the US decided to withdraw incentives being provided to Indian exporters under the Generalized System of Preference (GSP) programme.

However, India has stated that it would not impact domestic exporters as the benefits were only about USD 190 million annually.

Despite the fact that India and the US were working on a trade package, the US decided to go ahead with its decision.

The package was covering all concerns related to bilateral trade with the US on sectors including medical devices, dairy products and agricultural goods.

America also wants a cut on duties on certain ICT products.

According to sources, India was ready to address the US concerns regarding these sectors.

The bilateral trade between India and the US has increased to USD 74.5 billion in 2017-18 from USD 64.5 billion in 2016-17.

Although India has a trade surplus with the US, India is a thriving market for US defence firms, e-commerce and technology companies.&nbsp;

India is not a 'tariff king' and it has all the right to take appropriate measures to protect the interest of specific sectors like agriculture, international trade experts have said.

India is not a 'tariff king' and it has all the right to take appropriate measures to protect the interest of specific sectors like agriculture, international trade experts have said. Rejecting the US allegation that India's import duties are one of the highest in the world, experts said that several developed countries and regions including Japan, South Korea, European Union, and America maintain "extremely high" tariffs primarily on agriculture products. The US President Donald Trump has repeatedly claimed that India is a "tariff king" and imposes "tremendously high" import duties on American goods. Biswajit Dhar, a professor of economics at Jawaharlal Nehru University, said that the US allegations are completely unfounded. "In fact, the US import duties on several of their products are quite high such as on tobacco it is about 350 per cent and 164 per cent on peanuts. They too maintain reasonably high duties," Dhar said. Sharing similar views, Professor at Indian Institute of Foreign Trade (IIFT) Rakesh Mohan Joshi said that the US allegations are not correct and in fact, they should rationalise their duty structure being a developed nation. Trade Promotion Council of India Chairman Mohit Singla said that the assertion of the US is not factually correct. He said that the allegation of Trump that India is a tariff king does not hold true and is unjustified. "Like other nations, India has the right to take appropriate measures to protect its domestic interests in specific sectors as and when it is deemed fit. Moreover, there are many countries which have much higher tariff as compared to India. Being a signatory and member of WTO, India remains committed to free, fair, and predictable trade," Singla added. Geneva-based 164-member World Trade Organisation (WTO) is a multilateral body which frames global trade norms. Singla claimed that countries like Japan levy 736 per cent duty on certain products; while Korea imposes 807 per cent on some goods. Federation of Indian Exports Organisation (FIEO) said that product-specific high tariffs, like 150 per cent on alcoholic beverages, 100 per cent on coffee, and 60-75 per cent on automobiles have made India a villain in the eyes of the US President. However, many countries in the world including Japan, South Korea, the EU, the US maintain an extremely high tariff primarily on agriculture products, FIEO Director General Ajay Sahai said. "India's average WTO bound tariff is 48.5 per cent while average applied tariff is 13.4 per cent. The wide gap between the two clearly shows that India is not a tariff king else it would have pushed the applied tariff very close to the bound rates," Sahai said. While bound tariffs or duties refer to the ceiling, the applied tariff is the duty which is currently in place. Another expert, who did not wish to be named, said that the US should not level any allegation of discrimination at tariff front vis-a-vis developing countries like India as America has emerged as one of the richest nations in the world with per capita income of about USD 60,000 per annum. "Repeated mention of India as a tariff king with cherry-picked examples like motorbikes and whiskey is disingenuous, as it conveniently ignores the overall tariff structure of the country, apart from India's developing status," the expert said. He added that India has complied with all tariff commitments under the WTO and has made sincere efforts to reduce applied duties suo-moto to 13.7 per cent today over a period of time. Recently, the US decided to withdraw incentives being provided to Indian exporters under the Generalized System of Preference (GSP) programme. However, India has stated that it would not impact domestic exporters as the benefits were only about USD 190 million annually. Despite the fact that India and the US were working on a trade package, the US decided to go ahead with its decision. The package was covering all concerns related to bilateral trade with the US on sectors including medical devices, dairy products and agricultural goods. America also wants a cut on duties on certain ICT products. According to sources, India was ready to address the US concerns regarding these sectors. The bilateral trade between India and the US has increased to USD 74.5 billion in 2017-18 from USD 64.5 billion in 2016-17. Although India has a trade surplus with the US, India is a thriving market for US defence firms, e-commerce and technology companies.

India is not a tariff king, has the right to protect specific sectors under WTO: Experts

Donald Trump described India as ''Tariff King''

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