LIVE This Morning: US President Trump Repeats Tariff Charge On India
US President Donald Trump reiterated his criticism of India’s high import tariffs and unfair trade practices, describing the US-India economic relationship as "one-sided." He specifically highlighted the example of Harley-Davidson motorcycles, noting that India imposes up to 200% tariffs on US-made bikes, forcing the company to build a plant in India to avoid duties, while Indian goods flood the US market with minimal barriers. This comes amid ongoing trade tensions, including the 50% tariffs on Indian imports that took effect on August 27, 2025, aimed at punishing India for purchasing Russian oil and funding the Ukraine war. Trump emphasized the need for reciprocity, warning that such imbalances harm American manufacturing and jobs. Despite the rhetoric, both nations are negotiating a Bilateral Trade Agreement, with India drawing "red lines" on agriculture and dairy sectors. The comments underscore Trump’s broader tariff strategy to reduce the US trade deficit with India, which stood at $45 billion in 2024.
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