New Delhi, May 6 -- US President Donald Trump's reciprocal tariffs are a mixed bag for Asian economies, other than China, given their opportunity to replace some of China's exports to the US, according to Asian Development Bank (ADB) chief economist Albert Park.

Responding to a question from Mint on the sidelines of ADB's 58th annual meeting, Park said that countries could stimulate growth by boosting domestic consumption through support to the vulnerable sections of society as well as through other ways of public spending.

ADB in its April 2025 Asian Development Outlook projected a 4.9% growth for the Asia-Pacific region in 2025, and 4.7% for next year. The multilateral agency expects India to grow at 6.7% in 2025-26 and at 6.8% in FY2...