US President 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. Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%.

 

On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg's John Liu in Beijing and John Boudreau in Ho Chi Minh City to discuss the reactions from Asian economies and how the tariff onslaught may upend the trading world order.

Read more:

Trump’s Tariffs and China Collide to Shock the $115 Trillion Global Economy 

Tariffs Rip Through Southeast Asia Stocks, Sink Vietnam’s Market

Further listening: 

The Trump Trade War’s First Casualty? The Bull Market

Trump Announces Sweeping New Tariffs. What’s Next

US President 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. Exporting powerhouses like China and Vietnam were slapped with some of the highest levies of any country, with China now facing an additional 50% tariff, bringing the total rate of its levies to more than 100%.
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On today's Big Take Asia Podcast, host K. Oanh Ha sits down with Bloomberg's John Liu in Beijing and John Boudreau in Ho Chi Minh City to discuss the reactions from Asian economies and how the tariff onslaught may upend the trading world order.
Read more:
<a href="https://www.bloomberg.com/news/features/2025-04-07/trump-tariffs-china-trade-threaten-world-economy-global-investments">Trump&rsquo;s Tariffs and China Collide to Shock the $115 Trillion Global Economy</a>&nbsp;
<a href="https://www.bloomberg.com/news/articles/2025-04-03/southeast-asian-currencies-stocks-highly-exposed-to-us-tariffs">Tariffs Rip Through Southeast Asia Stocks, Sink Vietnam&rsquo;s Market </a>Further listening:&nbsp;
<a href="https://podcasts.apple.com/us/podcast/the-trump-trade-wars-first-casualty-the-bull-market/id1578096201?i=1000702610429">The Trump Trade War&rsquo;s First Casualty? The Bull Market</a>
<a href="https://podcasts.apple.com/us/podcast/trump-announces-sweeping-new-tariffs-whats-next/id1578096201?i=1000702025681">Trump Announces Sweeping New Tariffs. What&rsquo;s Next</a>

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

Why Asia Was Hit Hardest by Trump’s Tariff Onslaught

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2fa4a6a3-5200-4a4d-9cf3-b2b9012a6690/transcript