TOKYO — Stocks in parts of Asia are recovering more strongly than their U.S. counterparts now that President Donald Trump is beginning to walk back some of the tariff policies he announced at the beginning of the month.
Indian stocks have been particularly resilient. The country’s benchmark Sensex index is up over 4% since April 2, when Trump announced sweeping “reciprocal” levies against trade partners while saying, “My fellow Americans, this is Liberation Day.”