LATEST: Ether and memecoins plunge as traders respond to Trump's tariffs by slashing positions in a range of tokens. More here: https://bloom.bg/42Ig7Jx

Apple lambasted the EU’s Digital Markets Act after the first known porn app for the iPhone arrived on the company’s devices in the region. More here: https://bloom.bg/4jLP7iC

📷: Victor J. Blue/Bloomberg

NEW: Indian Prime Minister Narendra Modi has been invited to meet with Trump in Washington next week, a White House official says. More here: https://bloom.bg/3CEimTz

The global battle against unauthorized vapes is already a messy one. Donald Trump’s return to the White House promises to make things even more complicated. Read The Big Take here: https://bloom.bg/4hL2n5b

📷: Nico Brausch

President Donald Trump pledged hundreds of billions in tariffs to remake the global economy and target even his closest neighbors.

But so far, it’s been more Art of the Deal than a revolution. Here's why: https://bloom.bg/40FXYcN

El Salvador’s president made an extraordinary offer to Donald Trump as the US seeks to ramp up deportations: the tiny Central American nation is willing to accept convicted criminals of any nationality, including American citizens. More here: https://bloom.bg/4aLZe2G

📷: Juan Carlos/Bloomberg

BREAKING: China slaps 15% tariffs on US coal and LNG moments after Trump's new tariffs come into effect. Follow our live blog for updates and analysis: https://bloom.bg/3CDK42S

China announced an investigation into Google in an apparent retaliatory move, moments after President Donald Trump slapped a 10% tariff on Beijing reigniting a trade war between the word’s largest economies. More here: https://bloom.bg/4gm4BXy

📷: Gabby Jones/Bloomberg

Trump proposed the US taking over the Gaza Strip and assuming responsibility for reconstructing the war-torn territory during a press conference with Israeli Prime Minister Benjamin Netanyahu.

Netanyahu seemed to entertain but stop short of fully endorsing the proposal, which, if pursued, would represent a dramatic new US intervention in the Middle East and upend decades of foreign policy doctrine. More here: https://bloom.bg/4gt4UzC

📷: Anna Moneymaker/Getty Images

BREAKING: Chinese e-commerce stocks drop after the US Postal Service suspends inbound parcels from China and Hong Kong.

Follow our live blog for the latest news and analysis: https://bloom.bg/410p4fU

The US Postal Service says it will temporarily suspend the acceptance of inbound international packages from China and Hong Kong Posts until further notice. Read more: https://bloom.bg/3CrpL8V

📷: Stephanie Keith/Bloomberg

🎙 How India and other Asian economies are racing to avoid a trade war with Trump.

Bloomberg reporters answer all your questions in a Live Q&A: https://bloom.bg/40LPVLC

New: The US Postal Service said Wednesday that it’s accepting “all international inbound mail and packages” from China and Hong Kong Posts, hours after the agency announced a halt on some shipments https://bloom.bg/3WMRBmX

Alphabet’s Google told employees that it will no longer formally seek to improve the diversity of its workforce, marking the latest step in Silicon Valley’s retreat from initiatives that have fallen out of favor during US President Donald Trump’s administration. More here: https://bloom.bg/4113xE3

📷: Saul Loeb/AFP/Bloomberg

CEO Andy Jassy’s campaign to flatten Amazon’s middle management ranks has started rippling through the company, raising fears about the prospect of lean years and fewer promotions for experienced corporate staffers.

To assess the mood inside the company, Bloomberg interviewed employees from several departments. More here: https://bloom.bg/4jFkzPr

📷: David Ryder/Bloomberg

Trump’s new trade war is further blurring the lines between Hong Kong and Beijing, threatening to erode the city’s main selling point as a global financial hub. Read more: https://bloom.bg/3Q7CwIN

📷: Paul Yeung/Bloomberg

New Zealand is simplifying its so-called golden visa program, including removing an English language requirement, to attract wealthy immigrants and help spark an economic recovery. More here: https://bloom.bg/4gtNwLr

📷: Franck Fife/AFP via Getty Images

JUST IN: The Philadelphia Eagles beat the Kansas City Chiefs, 40-22, to win the Super Bowl. More here: https://bloom.bg/4hTdFEx

President Donald Trump has ordered a stop to minting new pennies because they cost more to make than they’re worth. Read more here: https://bloom.bg/40SyJUv

🎙 As Trump rolls out a barrage of tariffs, what is Xi's game plan?

We unpack China's response and whether it can avoid a full-blown trade war with the US. Listen to the Big Take Asia Podcast: https://link.podtrac.com/jxfy2rhy

China's long-running property crisis that's hobbled its economy and created a near $160 billion pile of distressed debt — the world’s largest — is sliding into a dangerous new phase. Read The Big Take: https://bloom.bg/4gL379C

📷: Fang Dongxu/VCG/Getty Images