On today's podcast:     

1) President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.     

2) Donald Trump’s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.     

3) Treasury Secretary Scott Bessent urged US trading partners against taking retaliatory steps against President Donald Trump’s new set of retaliatory tariffs.

On today's podcast:&nbsp; &nbsp; &nbsp; 1) President Donald Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy, sparking threats of retaliation and a selloff in markets around the world.&nbsp; &nbsp; &nbsp; 2) Donald Trump&rsquo;s shake-up of the global trading system is hurting US assets more than those in many of the big economies he has just slapped with additional tariffs.&nbsp; &nbsp; &nbsp; 3) Treasury Secretary Scott Bessent urged US trading partners against taking retaliatory steps against President Donald Trump&rsquo;s new set of retaliatory tariffs.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Listen for today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 3,000 journalists and analysts.

Bloomberg Daybreak: US Edition

Trump's Tariffs: Everything You Need to Know

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/51a9e555-6832-41a6-8046-b2b400a0d16b/transcript

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