π¨ LIVE NOW: President Donald Trumpβs new reciprocal tariffs are set to hit some of worldβs poorest countries the hardest. Can the emerging nations rival China's supply chain? Bloomberg's Nasreen Seria, Philip Heijmans, Shruti Srivastava, James Mayger answer your questions in a Live Q&A. https://bloom.bg/4lhUQxg
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Trump's tariff "chart of death" has Wall Street investors grappling with a new reality: They're trade-war collateral damage. More here: https://bloom.bg/4i3GRIo
π·: Michael Nagle/Bloomberg
π·: Michael Nagle/Bloomberg
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Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. More here: https://bloom.bg/3RCWXOp
Bloomberg.com
Cryptoβs Trump Rally Evaporates as Tariffs Savage Riskier Assets
Cryptocurrencies recovered from an earlier plunge in a whipsaw day of trading triggered by President Donald Trumpβs onslaught of tariffs on US trading partners.
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What's next for global markets as Trump's tariff fallout spreads?
Bloomberg reporters answer your questions in a Live Q&A on April 7 at 11 a.m. HKT/ April 6 at 11 p.m. EDT. Join the discussion here: https://bloom.bg/4jfgXm4
Bloomberg reporters answer your questions in a Live Q&A on April 7 at 11 a.m. HKT/ April 6 at 11 p.m. EDT. Join the discussion here: https://bloom.bg/4jfgXm4
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The carnage unleashed by Trumpβs tariffs continued unabated, with Asian markets pummeled and US futures showing last weekβs $5 trillion wipeout isnβt over. More here: https://bloom.bg/3RETaA8
π·: Yik Yeung-man/Bloomberg
π·: Yik Yeung-man/Bloomberg
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Despite a barrage of comments, Trump offered little clarity about what he is seeking from trading partners in exchange for lowering tariffs β or whether heβs willing to offer relief at all. More here: https://bloom.bg/3RaUbQp
Bloomberg.com
Trump Keeps Investors on Edge With Clashing Tariff Comments
President Donald Trump threatened to slap China with an additional 50% import tax, while Washington and Wall Street remained engulfed in confusion about how to gain exemptions from his sweeping global tariffs.
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China vowed to βfight until the endβ if the US insists on imposing new tariffs, after Donald Trump threatened another 50% hike on goods from the Asian nation. More here: https://bloom.bg/43FK3Xn
Bloomberg.com
China Vows βFight to the Endβ on Tariffs as It Props Up Markets
China pledged to retaliate against Donald Trumpβs latest tariff threat and mobilized state organs to send a message of resilience, raising the risk of a prolonged trade war between the worldβs two largest economies.
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Department of Homeland Security Secretary Kristi Noem offered employees three choices under a new βvoluntary workforce transition programβ intended to slash the departmentβs staff, according to an email seen by Bloomberg. Read more here: https://bloom.bg/4ic1xOB
π·: Ivan Valencia/Bloomberg
π·: Ivan Valencia/Bloomberg
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The Trump administrationβs threat of massive new tariffs has sent Appleβs share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones. More here: https://bloom.bg/3XR8Fsq
Bloomberg.com
Apple Customers Dash to Stores to Buy iPhones Ahead of Tariffs
The Trump administrationβs threat of massive new tariffs has sent Apple Inc.βs share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones.
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The $115 trillion global economy must contend with twin shocks from Trump's tariffs and China. Few will escape unscathed. Read here: https://bloom.bg/4jihEeh
π·: Andres Martinez Casares - Pool/Getty Images, Bonnie Cash/UPI/Bloomberg
π·: Andres Martinez Casares - Pool/Getty Images, Bonnie Cash/UPI/Bloomberg
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Trump is eager to to keep the enormously popular social media platform online in the US and avoid the political consequences of the ban taking effect. Here's what to know: https://bloom.bg/4cnO98D
Bloomberg.com
Trump Is Delaying the US TikTok Ban Again. Whatβs Next?
One of the first actions President Donald Trump took at the outset of his second presidency was granting a stay of execution for TikTok. Two and a half months later, he granted a second, and on June 18, he promised a third.
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EXCLUSIVE: China is discouraging Shein from moving some production overseas as Trump's tariff war escalates. https://bloom.bg/4i358yk
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EXCLUSIVE: China is discouraging Shein from moving some production overseas as Trump's tariff war escalates. https://bloom.bg/4i358yk
π·: Noriko Hayashi/Bloomberg
π·: Noriko Hayashi/Bloomberg
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Singapore will set up a taskforce to address economic uncertainties amid quickly escalating global trade tensions that are likely to undermine this yearβs growth prospects, Prime Minister Lawrence Wong says. Read here: https://bloom.bg/3XRKvy1
Bloomberg.com
Singapore Sets Up Task Force as Trade Tensions Seen Hitting GDP
Singapore will set up a taskforce to address economic uncertainties amid quickly escalating global trade tensions that are likely to undermine this yearβs growth prospects, Prime Minister Lawrence Wong said, one day before new US tariffs go into effect.
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President Donald Trumpβs administration elevated El Salvadorβs travel safety designation to the best possible, putting it above countries in Western Europe, ahead of President Nayib Bukeleβs visit to the White House next week. Read here: https://bloom.bg/4idMrIv
π·: Juan Carlos/Bloomberg
π·: Juan Carlos/Bloomberg
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π Donald Trump shocked the world -- and global markets -- with tariffs that exceeded expectations last week.
But there was one region that was hit harder than most: Asia.
Find out why and what that means for the region on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
But there was one region that was hit harder than most: Asia.
Find out why and what that means for the region on the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy
Podtrac
Big Take Asia
Weβre taking The Big Take to Asia. Each week, Bloombergβs Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region.
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Ultimately, investors in stocks, bonds and currencies were once again left trying to answer the same uneasy question: Is the US president truly willing to risk a worldwide recession to rewire global trade? https://bloom.bg/4cpqAfC
π·: Michael Nagle/Bloomberg
π·: Michael Nagle/Bloomberg
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Donald Trumpβs steeper-than-expected tariffs have traumatized financial markets and triggered recession fears all over the world. His White House weighed the option of going even bigger. https://bloom.bg/4i1ublj
π·: Al Drago/Bloomberg
π·: Al Drago/Bloomberg
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The escalating trade war between the US and China saw Trump raise tariffs even further on small parcels that were until now exempt from taxes. Read more here: https://bloom.bg/4ctnCXJ
π·: Ben Montgomery/Getty
π·: Ben Montgomery/Getty
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LATEST: Trump's tariffs are now in effect, intensifying the global trade war.
Follow the latest news and analysis on how the new duties are impacting markets and economies: https://bloom.bg/4j1EYNL
Follow the latest news and analysis on how the new duties are impacting markets and economies: https://bloom.bg/4j1EYNL
Bloomberg.com
Live: Trump Tariffs Grip Markets
Trump Tariff Pause: Live Stock Market Reaction to 90-Day Delay, Excluding China
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President Donald Trumpβs so-called reciprocal tariffs are now in place, dealing a thunderous blow to the world economy as he pushes forward efforts to drastically reorder global trade.
Trump is imposing tariffs on China as high as 104% along with import taxes on roughly 60 trading partners that run trade surpluses with the US. Read more here: https://bloom.bg/4ljKj4J
π·: Qilai Shen/Bloomberg
Trump is imposing tariffs on China as high as 104% along with import taxes on roughly 60 trading partners that run trade surpluses with the US. Read more here: https://bloom.bg/4ljKj4J
π·: Qilai Shen/Bloomberg
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