WASHINGTON: US President Donald Trump today threatened to impose "reciprocal tax" on countries like China and India if they do not match America's tariff.
Trump has, in recent days, spoken a number of times about the 50 per cent duty that India levies on high-end motorbikes that Harley-Davidson, an American company, sells in India.
He has repeatedly insisted that the US
levies "zero" duty or "nothing" on motorbikes imported from India.
"We're going to be doing a reciprocal tax programme, at some point so that if China is going to charge us 25 per cent or if India is going to charge us 75 per cent and we charge them nothing," he said as he imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminium from all countries except Canada and Mexico.