US President Donald Trump repeatedly claimed India's "200% tariffs" on imported two-wheelers were behind US' Harley Davidson's exit from India. However, according to News18, large imported bikes faced 100% tariffs in India, which were reduced to 50% in 2018, during Trump's first presidency. The firm exited India in 2020 over low consumer demand in a market dominated by affordable two-wheelers.
short by
Ashley Paul /
10:38 am on
04 Sep