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Donald Trump threatens to ‘impose reciprocal tax’ on countries like India, China

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US President Donald Trump today threatened to impose “reciprocal tax” on countries like China and India if they do not match America’s tariff.

Trump has, in recent days, spoken a number of times about the 50 per cent duty that India levies on high-end motorbikes that Harley-Davidson, an American company, sells in India. He has repeatedly insisted that the US levies “zero” duty — or “nothing” — on motorbikes imported from India.

“We’re going to be doing a reciprocal tax programme, at some point so that if China is going to charge us 25 per cent or if India is going to charge us 75 per cent and we charge them nothing,” he said as he imposed a 25 per cent tariff on steel and a 10 per cent tariff on aluminium from all countries except Canada and Mexico.

Earlier, the american president made it more difficult for Indians to obtain an H-1B visa.

 

A policy memorandum issued by the US Citizenship & Immigration Services on February 22 said its officers could seek detailed documentation and more evidence from firms to establish that they have specific assignments in a specialty occupation for the H-1B beneficiary, and that they have these assignments for the entire time requested on the petition.

ALSO READ: Buy American, hire American: No extension of H-1B visas likely to hit India

 

 

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