Magni-Tech on shaky footing

Customers shop for shoes at a Nike shop in Hanoi, Vietnam. — AP

Magni-Tech Industries Bhd has been enjoying a relatively successful garment business, relying heavily on long-established customers for whom it has been an approved vendor for more than 10 years.

But the seams are fraying – its outlook may be hampered by the imposition of a raft of new tariffs by the United States on its trading partners.