India-US trade deal gives tariff-free access to Harley bikes, no reprieve for Tesla
Reuters·2026-02-07 15:57
Core Viewpoint - India is set to reduce tariffs on high-end American cars to 30% from previous rates as high as 110% and will eliminate duties on Harley-Davidson motorcycles under an interim trade agreement [1] Group 1: Tariff Reductions - The tariff on high-end American cars will be slashed to 30% from a maximum of 110% [1] - Duties on Harley-Davidson bikes will be completely eliminated as part of the trade pact [1] Group 2: Trade Agreement Context - The changes are part of an interim trade agreement aimed at improving trade relations between India and the United States [1] - The official announcement indicates that while tariffs are being reduced, no further concessions will be made by India in this context [1]