Trump's tariff threat puts India at risk

ECONOMISTS ARE WARNING the next stage of Donald Trump's trade war would open new fronts across Asia, with India and Thailand among the nations most exposed to risks from the US president's vow to impose reciprocal tariffs on partners.

- KATIA DMITRIEVA

The two Asian countries stand out because the tariffs they impose on the US are, on average, far above the rate charged on them by the US, according to a range of estimates from analysts who considered scenarios of like-for-like levies.

The caveat is that Trump has yet to clarify the potential policy, including which countries would be targeted and on what basis.