Actually, Harley-Davidson doesn't pay India's 100% motorcycle tariff
NEW YORK (CNNMoney) -- It's true that there's a country with a 100% tariff on U.S.-made motorcycles. Donald Trump said the tax is unfair to Harley-Davidson in his speech Tuesday night.
But it's not clear that the iconic U.S. company is hurt by that tax.
That's because India is the only country with a 100% tariff on motorcycles, and Harley happens to have its own factory in India. So none of the motorcycles it sells there are considered imports, and thus none are subject to the tax.
Trump vowed to negotiate an end to the tariff. He said when he recently met with Harley-Davidson executives at the White House, they told him that tariffs make it difficult to sell in overseas markets, including one country with a 10...