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

U.S. President Trump’s latest tariffs have taken aim at some of the fastest-growing economies in Asia, threatening to disrupt trade in places such as Vietnam that are a key part of global supply chains.

The varying levels of US tariffs could see investors move away from the likes of Vietnam and Cambodia and turn to countries like Singapore and Philippines, economists told CNA.

Asian markets and U.S. futures have tumbled following U.S. President Donald Trump's announcement of big increases in tariffs on imports of goods from around the world. The double-digit tariff hikes

And all of them were suitably impressed by the MAGA commander-in-chief, the “All Summer Long” singe As ‘Liberation Day’ nears, patience for the Commerce secretary is wearing thin across the Trump administration.