Trump tariffs in 2016 sent a glut of cheap Chinese imports, originally intended for the US, into South East Asia, hurting many local manufacturers. But they also opened new doors for other businesses, often into global supply chains that wanted to cut their dependence on China.

The trade conflict between the United States and China intensifies as President Donald Trump escalates tariffs on Chinese imports to 245%. This move, aimed at addressing perceived disrespect from China,

China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.