Harley-Davidson’s India exit is the latest in a series of unsuccessful forays by U.S. auto firms in the country. Reason: multiple trade irritants mar the Indo-U.S. relationship. Will Biden change it?
India has much to gain if U.S. President Joe Biden focusses more on expanding bilateral free trade and investment, rather than go ahead with his tax proposals. But it won’t be easy.
The U.S. has called India's digital services tax (DST) discriminatory. But India adopted DST to deal with the challenges posed by the digital economy. It isn't restricted to the U.S. alone.
It is expected that Biden's tenure will be very different from that of Trump's. But what exactly will change? And how much?
