Ina Fried Mar 13
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WeWork hires Amazon veteran as vice chairman

A WeWork co-working spot in New York
A WeWork co-working spot in New York. (Photo: WeWork)

WeWork said Tuesday that 11-year Amazon executive Sebastian Gunningham is joining the co-working company as vice chair. Gunningham will report to co-founder and CEO Adam Neumann.

Why it matters: It gives the company another experienced leader as it seeks to grow beyond its roots. According to Fortune, though, the company hasn't even fully decided what duties Gunningham will take on.

Jonathan Swan 3 hours ago
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McMaster out, Bolton in as National Security Adviser

Bolton. Photo: Drew Angerer/Getty Images

H.R. McMaster plans to resign and will be replaced as national security adviser by former U.N. ambassador John Bolton. The White House said McMaster's departure had been under discussion for some time and that the process was sped up to end speculation about the role. McMaster will stay on until mid-April.

Bottom line: This isn’t about ideology — unlike Trump, Bolton is hawkish and interventionist on foreign policy. This is about personal chemistry. 

Khorri Atkinson 1 hour ago
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China slaps reciprocal tariffs on U.S. imports

China's President Xi Jinping speaks next to President Trump. Photo: Nicolas Asfouri// AFP / Getty Images

China announced plans to impose reciprocal tariffs on $3 billion of imports from the U.S., hours after President Trump ordered levies on a range of Chinese goods.

The details: China's plan includes a 25% tariff on U.S. pork imports as well as 15% tariffs on American steel pipes, fruit and wine, according to Bloomberg.

Go deeper: Axios' Jonathan Swan explains the coming trade war.