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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Ray Dalio says investors are too fixated on tariffs and not paying enough attention to the bigger βonce in a lifetimeβ breakdown thatβs occurring. Read more here: https://bloom.bg/3YkaI8w
π·: Victor J. Blue/Bloomberg
π·: Victor J. Blue/Bloomberg
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π¨ Follow our live coverage on how global markets and world leaders are responding to President Trump's tariff backtrack https://bloom.bg/4i6MKVm
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πStock markets staged a dramatic rebound in the wake of the US presidentβs pause on tariffs, following a tumultuous week thatβs caused anxiety for investors across Australia.
This week on the podcast, Chris Bourke and cross asset reporter Rich Henderson unpack the unprecedented market turmoil and ask: how does this all play out? https://bloom.bg/42fGDYM
This week on the podcast, Chris Bourke and cross asset reporter Rich Henderson unpack the unprecedented market turmoil and ask: how does this all play out? https://bloom.bg/42fGDYM
omny.fm
The Bloomberg Australia Podcast clips
Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.
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π¨ JOIN LIVE: Whatβs next for China as Xi and Trump find themselves locked in a standoff over tariffs?
Join our reporters for a Live Q&A. Ask questions here: https://bloom.bg/4cpNKmp
Join our reporters for a Live Q&A. Ask questions here: https://bloom.bg/4cpNKmp
Bloomberg.com
Live Q&A: Whatβs Next for China as Xi and Trump Face a Tariff Showdown
Bloomberg reporters answer your questions on Chinaβs reaction to Trumpβs tariffs.
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Trumpβs tariffs are aimed at restoring US manufacturing in the name of national security. Instead, heβs alienating the allies heβd need in a potential war with China. https://bloom.bg/4js8zj5
π·: Bloomberg Daybreak/Getty Images
π·: Bloomberg Daybreak/Getty Images
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Trumpβs dream of US-made iPhones would be a win for his political agenda. For Apple, itβs a near-impossible challenge. Here's why: https://bloom.bg/4jq9II3
π·: Michael M. Santiago/Getty Images North America
π·: Michael M. Santiago/Getty Images North America
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The price of coffee is the highest itβs been in decades β bad news for caffeine-lovers, but good for bean farmers profiting from global demand. Read the Dispatch here: https://bloom.bg/4cxvAiy
π·: Isabella Cotier for Bloomberg
π·: Isabella Cotier for Bloomberg
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The Trump administration froze $2.2 billion in funding to Harvard after the university refused to agree to a list of new government demands. Read more here: https://bloom.bg/4j4Qhoo
π·: Maddie Meyer/Getty Images
π·: Maddie Meyer/Getty Images
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It was once one of Asiaβs top startups, at least on paper, until it all came crashing down.
Read the inside story of how eFishery faked its numbers, based on conversations with the company's founder and dozens of his investors, staff and clients: https://bloom.bg/4j6YOqR
π·: Dimas Ardian/Bloomberg
Read the inside story of how eFishery faked its numbers, based on conversations with the company's founder and dozens of his investors, staff and clients: https://bloom.bg/4j6YOqR
π·: Dimas Ardian/Bloomberg
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Some major public institutions in Canada, including a pension management firm and a leading hospital, are advising staff against traveling to the US. Read more here: https://bloom.bg/3GbcPFB
π·: Andrej Ivanov/AFP/Getty Images
π·: Andrej Ivanov/AFP/Getty Images
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EXCLUSIVE: Once among China's top shadow lenders, Zhongrong now stares at liquidation after missing billions of dollars in payments. https://bloom.bg/3RksIvM
π·: Bloomberg
π·: Bloomberg
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BREAKING: China orders its airlines to halt any further deliveries of Boeing jets as trade war with the US expands. https://bloom.bg/3RNsqgT
Bloomberg.com
China Orders Boeing Jet Delivery Halt as Trade War Expands
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war thatβs seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods, according to people familiar with the matter.
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