Trump questioned India’s tax system
Former US President Donald Trump Once again raised the issue of high taxes in India on some American products, especially Harley-Davidson motorcycles, and threatened to impose similar taxes on the country if returned to power. During his tenure as US President, Trump described India as a “taxing king” and in May 2019 ended the Generalized System of Preferences (GSP) which gave preferential treatment to India in the US market.
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Donald Trump (77) alleged that India did not give the US “equal and fair access” to its markets. In an interview with Larry Kudlow of Fox Business News, Trump described India’s tax rates as extremely high. He questioned him by pointing upwards.
We should tax India too: Trump
The former president said, “Another thing I want is a uniform tax…India levies high taxes. I saw this with a Harley-Davidson (motorcycle). I also said how are you in a place like India? They tax at 100 per cent, 150 per cent and 200 per cent.” “That’s all I want… if India is taxing us, we should tax them too,” Trump said. Along with this, questions were also raised on the tax system. Brazil.
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