A garment factory in Ho Chi Minh City, Vietnam, where potential levies of 46% on America-bound exports set off panic in factories across the country.

A garment factory in Ho Chi Minh City, Vietnam, where potential levies of 46% on America-bound exports set off panic in factories across the country.

Photographer: Linh Pham/Bloomberg
The Big Take

Panic Grips World’s Factory Hubs After Trump Tariff Whiplash

Exporters in the poorest countries are grappling with cancelled orders, upended livelihoods and the impossibility of knowing what to do next.

The night before US President Donald Trump’s tariffs were set to kick off this week, Rubana Huq convened an emergency meeting of some of Bangladesh’s most prominent exporters.

Lea la nota en español.