A worker picks cherries during harvest in Lodi, California, U.S.,  (Photographer: David Paul Morris/Bloomberg)

Trade War Bites, Malaysia Pushes Back China, Japan Risk: Eco Day

(Bloomberg) -- Welcome to Wednesday, Asia. Here’s news from Bloomberg Economics to help get your day started:

  • Trade war starts to bite. From demand at factories to company profits, protectionism is starting to show up in numbers; while the IMF notes that global trade imbalances are showing little sign of narrowing
  • Meantime, this firm survived the Great Depression but might not make it through President Trump’s tariff fight
  • The warrior returns. Malaysian Prime Minister Mahathir Mohamad is pushing back against China’s dominance of his country’s economy
  • Renewed talk that the Bank of Japan is poised to adjust monetary policy has jolted financial markets -- here’s what’s fueling the speculation
  • Southeast Asia’s swelling budget deficits join currency and trade as cause for regional jitters
  • Trump’s decision to aid farmers hit by the trade war was panned by Republicans as not fixing the underlying problem -- his own policies. Meanwhile, the president said he is “very concerned” that Russia will interfere in the upcoming congressional elections -- to help the Democrats

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