The US and China's tit-for-tat moves could wreak havoc on many economies in Asia.
According to an analytical report by Financial Times Confidential research, because of its export dependency, Vietnam will be impacted the hardest in Southeast Asia by the US-China trade war, Nikkei Asian Review reports.
Vietnam is currently the most export-dependent countries among the ASEAN big five, which includes Indonesia, the Philippines, Thailand and Malaysia.
The US has always been Vietnam's largest export market until last year when Vietnam's General Department of Customs announced that China has dethroned the US to be Vietnam's largest export market
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