As of midnight on Wednesday April 9, the US’s “reciprocal” tariffs against dozens of trade partners around the world have officially taken effect. In this edition, we look at how markets in Asia and Europe have reacted to the news. Also, we see how China’s economic growth this year could be significantly downgraded because of the trade war with Washington. Plus, we check on Trump’s claim that the tariffs are bringing in $2 billion every day.