Dhaka, Aug. 8 -- Ever since Donald Trump's tariff salvo on India this week, garment maker Pearl Global - whose US client list includes Gap and Kohl's - has been receiving midnight panic calls with an ultimatum: share the tariff hit or move production out of India.

To calm US customers' nerves, Pearl Global has offered to shift production to its 17 factories in Bangladesh, Indonesia, Vietnam and Guatemala to bypass the steep US levies on Indian imports, according to a Reuters report.

"All the customers are already calling me. They want us to ... shift from India to the other countries," Managing Director Pallab Banerjee told Reuters in an interview.

Trump's initial tariff proposals in April - which were lower for India than for the riva...