India has previously reduced tariffs on full-build units (CBUs) for motorcycles with all engine capacities from 100% to 50%.
"Harley-Davidson's problem has been solved. We will reduce tariffs on single-digit bicycles above 1600 cc to single digits," said a person familiar with the matter, adding that India will develop a new HS code for such bicycles.
Motorcycles in India are currently classified as motorcycles with engine capacities of 75 cc, 250 cc, 500 cc, and 800 cc or more.
Each trading product is classified according to the HSN code (Uniform Terminology Naming System)-Global System Classification of Commodities. Between April and December, India imported motorcycles with a cylinder capacity of 800 cc and above with a volume of USD 20.63 million.
Trump was originally scheduled to visit India from February 24 to 25, but last year called the 50% tariff on such bicycles "unacceptable," even after the bicycles were cut from 100%.
In addition, India is seeking to reduce H-1B visa The fees are part of ongoing trade negotiations with the United States. Washington has proposed doubling the cost of this visa to $ 3,000-4,000. Officials say India has urged to reduce this cost.
Farm Talk, GSP
India has also ruled out any tariff reductions on U.S. milk, but insisted that veterinary officials perform mandatory certification of dairy products and made it clear that the animals of origin were not raised from feed made from cattle extracts. Officials said chicken drumsticks were not part of the negotiations.
The official said: "There is no tariff reduction on milk, which is a market access issue." On the other hand, India is eager to gain market access for mango and grapes.
Regarding the restoration of benefits under the GSP, officials said that despite the cancellation of the plan last June, exports under these taxes grew faster than other Indian exports.
When it comes to medical equipment, India is considering a trade margin approach rather than a package price cap, as it could reduce the quality of the equipment used.