Currency Manipulator

The US Treasury has, while branding Switzerland and Vietnam as currency manipulators, added India, Taiwan and Thailand to its 'Monitoring List'

Chinese authorities in August allowed the yuan to fall below 7 to the dollar, sending shudders through stock markets at the time and stoking Trump's ire.

The US Treasury Department will take the step in a semi-annual report that will release soon, according to Bloomberg

US President Donald Trump announced on August 1 that he would impose a 10% tariff on a final $300 billion worth of Chinese imports on September 1

The inclusion of a country on this list is merely a pressure tactic, mainly targeted at China, say experts

The Treasury cited India's "significant" trade surplus with the US and increased purchases of foreign currency last year as reasons for increased scrutiny of the Asian economy