India is looking to remove import duties on motorcycles with 750cc and above engines, including Harley-Davidson (HOG), as it tries to strike a better trade deal with President Donald Trump, Bloomberg reported Wednesday, citing people close to the matter.

The current import duty for motorcycles up to 1600cc is around 40%, according to the report. Considering low demand for high-end motorbikes in the country, the local industry would be able to absorb the effects of the proposed concession, Bloomberg said.

India is also mulling a zero-for-zero tariff policy with the US for auto parts industry, according to the people.

Trump had announced 26% reciprocal tariffs on India on April 2, which were later paused for 90 days.

India's Ministry of Commerce and Industry didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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