He added that the list was prepared keeping in mind the relentless attacks by the US in certain sectors. As a result, motorcycles above 800cc have been kept in it despite having only a small amount of trade since Trump has used Harley-Davidson bikes as an instrument to attack India on alleged market access issues. On the other hand, repeated calls by US-based trade bodies to penalise Indian exports of lobsters may have been the reason behind American Brine Shrimps finding its way into the list of tariff hikes.
Senior industry leaders said the list points out several items which the government had earlier pushed importers to source from nations apart from the US as well, to reduce import dependence on one country.
Interestingly, the list also includes as many as 18 iron and steel items, a potent political reply against Trump’s tariff hikes.
The global trading mechanism has been shaken up by $34 billion worth of tariff hikes announced by both the US and China last weekend. Since then, Trump has threatened an additional $200 billion worth of tariffs on Chinese goods and Beijing has indicated it won’t cow down.