It's been another tumultuous week in financial markets following President Trump's tariff announcements on 2nd April. Tariffs were broad and generally larger than expected and financial markets did not digest them all that well, although some resilience in US labour market data appears to be curbing some of the downside for now. In this episode, we will go into the detail of what trade policy is being implemented and what it means for various economies. Chapters: US (01:27), Europe (09:00), Asia (14:01), Australia and New Zealand (20:15).