Talk about a wild week! Markets completely ignored the packed economic calendar as tariff headlines dominated everything. The first half was all speculation about "Liberation Day," but when Trump's tariffs landed, they were higher and broader than anyone expected. U.S.  trade partners quickly fired back, kicking off what looks like a full-blown trade war. From that moment, it was risk-off across the board, with Friday seeing the biggest drops after China retaliated. Not exactly the week to be loading up on risk assets! Here are the updates you need to know and how asset classes performed.