Trump tariffs threaten low-cost Southeast Asia manufacturers

Fishery and apparel companies in Vietnam, Thailand, Indonesia rely on cheap labor

20250407N Walmart shopper

Companies like Vietnam's Song Hong Garment that supply clothes to Walmart could be hit hard by the new U.S. tariffs. © Reuters

KENYA AKAMA, YUJI NITTA and TOMOYOSHI OSHIKIRI

BANGKOK/HANOI/JAKARTA -- The new "reciprocal" tariffs imposed globally by U.S. President Donald Trump are fueling concern that higher costs will squeeze businesses in Southeast Asia that have relied on inexpensive labor.

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