India may raise import tariffs

Reuters reports that India will target about $56 billion in imports with tariffs of 5-10%; mostly on electronics, chemicals and handicrafts.

That could kick off a spat with China.

Secondly, the US is pushing India to commit to $5-$6 billion more of American farm goods or more energy purchases if it wants a target back and its preferential trading status back.

Thirdly, India has put three people under observation for coronavirus.