Dodging Trump tariff, seeking his tareef: India revs down Harley duty in new Budget

Quick Summary:

Meanwhile, President Trump plans to impose hefty tariffs on Mexico, Canada, and China to curb fentanyl flow and illegal immigration.

Ahead of PM Modi's US visit, India's budget lowered import duties on Harley-Davidson bikes, signaling improved trade relations.

His move might increase consumer costs and provoke retaliatory actions from these countries.

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Article Details

Author / Journalist: Team TOI

Category: EconomyBusiness

Markets: IndiaCanadaChinaMexicoUnited States

Topics: India Harley duty reduction Trump tariff implications Business news International trade relations Tariff retaliation US trade policy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 05:57:31 (14 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 1011 words

Reading Time: 6 minutes read

Sentences: 45 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 25702960

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