The threat of 46 percent levies, among the highest for any country, is rattling Vietnam’s factory managers and workers, as well as thousands of exporters.

Vietnamese Prime Minister Pham Minh Chinh criticized U.S. President Donald Trumps newly imposed reciprocal tariffs on Monday, warning that the measures are disrupting global trade and threatening Vietnams

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects amid bleak data read-outs.