Business Standard

PRESIDENT DONALD TRUMP ON US-INDIA TRADE

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Quebec, June 2018: “This isn’t just G7. I mean, we have India, where some of the tariffs are 100 per cent. A hundred per cent. And we charge nothing. We can’t do that…We’re like the piggy bank that everybody is robbing…Can’t do that. We are talking to many countries, we are talking to all countries. And it's going to stop. Or we’ll stop trading with them. And that’s a very profitable answer”

Washington, March 2018: “And a great gentleman called me from India and he said, we have just reduced the tariff on (Harley Davidson) motorcycle­s, reduced it down to 50 per cent from 75, and even 100 per cent,” he said. I wasn’t sure — he said it so beautifull­y. He’s a beautiful man. And he said, ‘I just want to inform you that we have reduced it to 75, but we have further

reduced it to 50’. And I said, huh. What do I say? Am I supposed to be thrilled? And that’s not good for you people, especially as governors. It’s just not right. And we have many deals like that.”

Washington, March 2018: “So I say we should have reciprocal taxes for a case like that. I’m not blaming India. I think it’s great that they can get away with it. I don’t know why people allowed them to get away with it. But there’s an example that’s very unfair. And I think we should have a reciprocal tax.”

Washington, June 2017: “It is important that barriers be removed to the export of US goods into your markets and that we reduce our trade deficit with your country….The future of our partnershi­p has never looked brighter.”

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