US wants India to lower its tariffs: WH official

Image
Press Trust of India Washington
Last Updated : Dec 19 2019 | 12:10 AM IST

The US wants India to lower its duties on American products, White House trade and economic adviser Peter Navarro said on Wednesday, describing India as "the maharaja" of tariffs.

Navarro, who heads the White House Office for Trade and Manufacturing Policy, told Fox News in an interview that a study by him has shown that 90 per cent of the time India charges the United States higher tariffs than they charge India.

"We're engaged with India. The problem, I like to joke, India's the maharaja of tariffs. They literally have the highest tariffs in the world of any large country. It's ridiculous," Navarro said.

"The president (Donald Trump) is a big fan of the Reciprocal Trade Act, which would allow this country basically to charge higher tariff if a country won't lower theirs, he said in response to a question.

"The study I did showed that 90 per cent of the time India charges us higher tariffs than we charge them. So, yes, we've got to get India to belly up to that bar and lower their tariffs and make nice with trade," Navarro said.

US President Trump has also repeatedly claimed that India is a "tariff king" and imposes "tremendously high" tariffs on American products.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 19 2019 | 12:10 AM IST

Next Story