Bloomberg

Ray Dalio says investors are too fixated on tariffs and not paying enough attention to the bigger “once in a lifetime” breakdown that’s occurring. Read more here: https://bloom.bg/3YkaI8w 📷: Victor J. Blue/Bloomberg

President Donald Trump’s 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 📷: Qilai Shen/Bloomberg

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

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 📷: Ben Montgomery/Getty

Donald Trump’s 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 📷: Al Drago/Bloomberg

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 📷: Michael Nagle/Bloomberg

🎙 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

President Donald Trump’s administration elevated El Salvador’s travel safety designation to the best possible, putting it above countries in Western Europe, ahead of President Nayib Bukele’s visit to the White House next week. Read here: https://bloom.bg/4idMrIv 📷: Juan Carlos/Bloomberg

Singapore will set up a taskforce to address economic uncertainties amid quickly escalating global trade tensions that are likely to undermine this year’s growth prospects, Prime Minister Lawrence Wong says. Read here: https://bloom.bg/3XRKvy1

EXCLUSIVE: China is discouraging Shein from moving some production overseas as Trump's tariff war escalates. https://bloom.bg/4i358yk 📷: Noriko Hayashi/Bloomberg

EXCLUSIVE: China is discouraging Shein from moving some production overseas as Trump's tariff war escalates. https://bloom.bg/4i358yk

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

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 📷: Andres Martinez Casares - Pool/Getty Images, Bonnie Cash/UPI/Bloomberg

The Trump administration’s threat of massive new tariffs has sent Apple’s 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

Department of Homeland Security Secretary Kristi Noem offered employees three choices under a new “voluntary workforce transition program” intended to slash the department’s staff, according to an email seen by Bloomberg. Read more here: https://bloom.bg/4ic1xOB 📷: Ivan Valencia/Bloomberg

China vowed to “fight until the end” 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

The carnage unleashed by Trump’s tariffs continued unabated, with Asian markets pummeled and US futures showing last week’s $5 trillion wipeout isn’t over. More here: https://bloom.bg/3RETaA8 📷: Yik Yeung-man/Bloomberg

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

Cryptocurrencies sold off sharply heading into the week in Asia, underscoring a clear risk-off sentiment across markets. More here: https://bloom.bg/3RCWXOp