NIFTY 50

US currency watchlist: India's tariffs highest in the world, trade representative Robert Lighthizer

Updated : December 17, 2020 05:49 PM IST

The US treasury department has added India in the list of 10 nations suspected of devaluing their currencies against the dollar.

Besides that, the treasury department has labelled Switzerland and Vietnam as currency manipulators.

The US has also criticised India's tariff structure, calling it the highest in the world. US Trade Representative Robert Lighthizer said that India needs to cut tariffs, if it wants a close relationship with the United States, reports Rituparna Bhuyan.

Watch video for more.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you