Friday's News Links

[Reuters] Wall Street sinks as China trade spat intensifies

[Reuters] Simmering trade tensions set stocks up for weekly loss

[BloombergQ] Emerging-Market Strains Deepen With Argentina in Tantrum

[Reuters] Euro heads for worst week in 19 months on ECB's cautious stance

[Reuters] Trump sets $50 billion in China tariffs with Beijing ready to strike back

[CNBC] China says tariffs of 'same scale' coming immediately

[Reuters] As trade war with China looms, U.S. readies second wave of duties

[Reuters] Merkel floats tougher stance in trade row with U.S.

[Reuters] BOJ keeps policy steady, cuts view on consumer inflation

[BloombergQ] Trump’s $50 Billion China Threat Only Signals Worse to Come

[CNBC] Despite record high confidence, Main Street businesses can't find the workers they need

[BloombergQ] Wall Street Bankers Pile Leverage Onto Riskiest U.S. Buyouts

[Reuters] China's home prices rise at fastest pace in nearly a year in May

[Reuters] Central bank withdrawal means tighter times ahead for borrowers

[Reuters] Merkel's government frays as migrant row festers in Germany

[Reuters] China holds missile drills in South China Sea amid heightened tension

[WSJ] Donald Trump Approves Tariffs on About $50 Billion of Chinese Goods

[WSJ] Behind the Scenes at G-7 Meetings, Allies Dismayed by Trump’s Jabs

[WSJ] Economic Growth in U.S. Leaves World Behind

Thursday Evening Links

[BloombergQ] Argentine Peso Tumbles Amid Reports of Central Bank Departures

[Reuters] S&P, Nasdaq rise after ECB decision, U.S. data

[Reuters] Euro falls most since Brexit as ECB delays rate hikes into 2019

[Reuters] Trump ready to impose tariffs on about $50 billion in Chinese goods: official

[CNBC] White House expected to unveil tariffs on smaller list of Chinese products Friday

[Politico] Trump said to push for tariff action on foreign cars ahead of midterms

[Reuters] EU nations back retaliating against U.S. steel tariffs

[CNBC] Trump's forecast of 4% GDP growth close to coming true as Americans spend tax-bill proceeds

[BloombergQ] Powell Showcases Just How Unsure Fed Is About Policy Cornerstone

[BloombergQ] U.S. Fiscal Stimulus Raising Risks to Global Economy: IMF

[BloombergQ] Millionaires Now Control Half of the World's Personal Wealth

[Reuters] Argentina says May inflation 2.1 pct; 26.3 pct in 12 months

[UK Guardian] Merkel coalition at risk as talks on refugee policy falter

[BloombergQ] Cohn Says Trade Disputes Could Wipe Out Tax Cut Benefits

[Forbes] When Will The High Yield Credit Bubble Burst?

[BloombergQ] Fed’s Powell Orchestrates a Masterful Move

[NYT] As China Curbs Borrowing, Growth Shows Signs of Faltering

[WSJ] Donald Trump Approves Tariffs on About $50 Billion of Chinese Goods

[FT] Draghi treads middle path on bond-buying exit to soothe investors