Current Affairs Classes Pre cum Mains 2025, Batch Starts: 11th September 2024 Click Here for more information
‘Trump revs up rhetoric on Harley-Davidson duty
Context:
U.S. President Donald Trump has criticised Indian tariffs again, mentioning the import duty on Harley-Davidson motorbikes for the third time in a year.
Details:
- President Trump has said that Prime Minister Narendra Modi had called him up personally to tell him about cutting the tariffs as he had desired.
- However, The External Affairs Ministry has refused to comment or confirm Mr. Trump’s remarks.
- Mr. Trump’s contention that Mr. Modi had given him the information was more surprising as it indicated that the PM may have informed Mr. Trump on February 8 of the tariff cut, though the Finance Ministry (Department of Revenue) notified it only on February 12 (Notification No. 26/2018-Customs), which amended the earlier rate of 100%.
- President Trump’s statement is a clear indication of continuing tensions on trade issues.