South-East Asian nations reeled as they were hit with some of President Donald Trump’s heftiest tariffs, which now threaten the economies that have benefited from investment since he imposed levies on China during his first term.
Vietnam, slapped with 46% tariffs, called for talks with Washington in order to reconsider “unfair” US duties and Thailand’s prime minister said she would pursue negotiations to try to reduce the 37% rate her country faces – far greater than the 11% it had expected.
