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Phenomenal news.

Treasuries are trading like a risky asset as Donald Trump's tariff assault dents confidence in the US. bloomberg.com/news/articles/… via Bloomberg Markets Everything in this story is terrifying.

"Not at this point," US Trade Rep Jamieson Greer tells reporters at the WH when asked whether the US is engaged in talks with the Chinese (further reiterating our reporting) He would not answer when I asked what his response was to President Xi Jingping's comments this morning

The Economist: “No adviser to Xi Jinping, China’s ruler, would risk exposing him to the kind of public humiliation meted out to Volodymyr Zelensky, Ukraine’s president, in February. A trade war is bearable. An Oval Office circus is not.” economist.com/finance-and-ec…

Trump Warns Tariffs Are Coming for Electronics After Reprieve via Josh Wingrove Bloomberg Politics bloomberg.com/news/articles/…

NEW: Heavy damage seen inside Pennsylvania Governor Shapiro's residence after arson attack. Suspect it's in custody.

oh he pulled it

Rory wins!

That's for every golfer who gets the yips, which is all of us.

Smart recap

Only been a dad for 72 hours, one thing that hits hard is knowing right away you’d give your life to protect this little being you’ve just met. The Dads out there already get it. Perhaps it’s the essence of fatherhood. But this recognition has been powerful and immediate.

The cost of tomatoes in the US is going to go up. In related news, there's a new tariff in town. bloomberg.com/news/articles/… via Bloomberg Politics

Harvard University President Alan Garber emerges as the highest-profile challenger to the US government’s effort to force change at elite US colleges after weeks of saying he’s willing to work with the Trump administration bloomberg.com/news/articles/…

If Japan Can’t Get a Good Trade Deal, Can Anyone? bloomberg.com/opinion/articl…

The White House says it's eliminating the traditional press pool access for wire services after a federal court ordered the administration to end viewpoint discrimination against the AP bloomberg.com/news/articles/… via Bloomberg Politics

Some sort of a... trans-Pacific partnership to isolate China. Intriguing.

New pod: American families with young kids aren't ready for what a long trade war with China would mean for everyday life. The business press has been good at reporting on China as a global leader in smartphone and electronics manufacturing. But consider also that, as a share of

G-File just out: thedispatch.com/newsletter/gfi…

My latest: sexual violence/harassment, land appropriation and labor rights violations at African plantations co-owned by French billionaire Vincent Bollore. Rubber goes to Michelin (in US), Bridgestone and Continental; palm oil to Nestle. Link till 4/23 tinyurl.com/yddzsdzz

The #WordOfTheDay is ‘resurrection.’ ow.ly/U1Bj50VBUFg