A few Indian goods, such as electronics and pharmaceuticals, may gain due to the US-China tariff war, but this would also increase India’s reliance on Chinese imports and leave room for more dumping of components into the South Asian nation.

Bloomberg journalists discuss how Asian economies, in particular India, are preparing to placate Trump and avoid tariffs by making concessions to his agenda.

Asia markets slumped on Monday after Donald Trump slapped tariffs on Canada, Mexico and China, sparking fears that another bruising ‘America First’ trade war that could hit global growth.

By Bharath Rajeswaran (Reuters) -Indian shares fell on Monday, tracking weakness in their regional peers after U.S. President Donald Trump imposed sweeping tariffs on Canada, Mexico and China, spurring concerns of a broader trade war.