Trump, who won a resounding victory on Tuesday, has threatened 60% tariffs on goods coming into the U.S. from China, much higher than the levies of 7.5% to 25% he imposed in his first term, a major risk for the world's second-largest economy.

Southeast Asian leaders are adept at dealing with President-elect Trump’s transactional style of diplomacy, but an escalating U.S.-China conflict would severely harm the region.

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,