Companies have been moving factories from China to Southeast Asia, anticipating Donald Trump would slap high tariffs on Beijing if he regained the White House, a move set to accelerate with his election win,

Hours after Donald Trump recaptured the White House, at least one major American company is already making plans to shift production out of China. Why it matters: Trump has threatened to ramp up tariffs on China to put pressure on Beijing,

Corporate America, or rather those that primarily source their supply chain outside of America, are preparing for some significant changes coming down the pipeline. President-elect Donald Trump is expected to go through with his campaign promise to hike tariffs as high as 60% to 100% on goods from China,