(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news from Bloomberg Economics:
- The Trump administration will slap a 10 percent tariff on about $200 billion in Chinese goods next week, and more than double the rate in 2019, setting up what could be a prolonged trade war between the world’s two biggest economies
- The Bank of Japan’s high-wire act: We surveyed economists and market strategists on what the end game could look like for the world’s most aggressive monetary stimulus of the modern era
- China’s ever-growing money market funds are posing an increasing problem for the nation’s central bank
- Workers in the world’s richest countries are getting their biggest pay bump in a decade, a step toward solving a labor market puzzle that’s unnerving central bankers
- India’s falling currency is posing a problem for Prime Minister Narendra Modi; meanwhile, the government is considering merging three state-run lenders
- By now, many people have heard of the replication crisis in psychology. Something similar is happening in economics