Southeast Asia Eyes Windfall from U.S.-China Trade War

The U.S.-China trade war has companies eyeing potential opportunities in Southeast Asia, and the region’s manufacturing, textile, and seafood industries could potentially benefit.

That’s why Walter Blocker bid earlier this year on High Point, N.C.-based Stanley Furniture. He’s optimistic that Vietnam-based production will give the company an edge over Chinese furniture made more expensive to U.S. customers by tariffs.

“This is better than TPP for Vietnam,” Blocker told Bloomberg Law, referring to the rebooted Trans-Pacific Partnership trade deal, now known as the Comprehensive and Progressive Agreement for TPP. “This furniture business is going to be amazing.”

The threat of a ...