TOKYO -- U.S. President Donald Trump's reciprocal tariffs have undermined the "China plus one" offshoring strategy used by many Japanese manufacturers, as high duties on countries like Vietnam and Thailand make them less viable as production bases.
Trade war
Trump tariffs leave Japan manufacturers in Thailand, Vietnam scrambling
'China plus one' strategy adopted after last trade war backfires with new duties
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Thailand had become a popular alternative to China as a production base for Japanese manufacturers. (Photo by Kenya Akama)
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