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U.S. tariffs intensify pressure on the Turkish lira, raising the prospect of an open-ended cycle of protectionism and devaluation, Greg Ip writes.
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An official warned that "an immense tragedy" appeared to be unfolding.
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 Japanese Prime Minister Shinzo Abe sent a ritual offering to Tokyo's controversial Yasukuni Shrine for war dead on Wednesday, the anniversary of Japan's World War Two surrender, but did not visit in person.
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While President Xi Jinping remains firmly in charge, friction with the Trump administration and troubles at home have dented his political dominance.
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