Companies sought to diversify from China. Now Trump's tariffs will hit those Asian alternatives hard

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A garment factory is shown, with four or five women with their backs to the camera sitting and working at tables.

Several Asian nations reeled on Thursday as they were hit with some of U.S. President Donald Trump's heftiest tariffs, which now threaten the economies that have benefited from investment after Trump imposed levies on China during his first term.

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