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This is the World and Brief from The Economist.

Our top stories.

Donald Trump announced reciprocal tariffs on imports from America's trading partners,

as well as a minimum baseline tariff of 10%.

He said he would impose levies of 34% on China, 20% on the European Union, 24% on Japan and more.

Those duties, which include the baseline tariff, come in addition to previously announced 25% tariffs on auto imports due to take effect

on Thursday.

Britain's business secretary said its government would, quote, remain calm. The EU said it would

issue a statement later. Markets reacted more dramatically. In the after-hours trading,

S&P 500 futures fell by more than 3%, and NASDAQ 100 futures slumped 4.2%. The share prices of Apple and

NVIDIA, both of which rely on semiconductors from Taiwan, fell by 7% and 4.5%.

Myanmar's junta announced an immediate temporary ceasefire in its civil war against rebel groups

to support the relief effort after last week's earthquake.

The alliance of groups battling the junta called such a truce shortly after the disaster,

but the country's ruling generals continued airstrikes to international dismay.

The junta said the pause would last until April 22nd.

Tesla delivered fewer than 337,000 cars in the first quarter of 2025.

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