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Saturday, May 31, 2025

Sunday's News Links

[Reuters] EU threatens countermeasures over Trump's steel tariffs hike

[Reuters] China accuses US's Hegseth of 'vilifying' remarks at security forum

[Politico] Trump administration prepares to ease big bank rules

[Yahoo/Bloomberg] US Job Growth Is Seen Moderating on Shifting Trade Policy

[AP] Spike in steel tariffs could imperil Trump promise of lower grocery prices

[Yahoo Finance] 'This is a roller coaster ride': How Trump's tariffs turned the 'TACO' trade into Wall Street's biggest debate

[Politico] China warns US not to ‘play with fire’ on Taiwan as Hegseth brands Beijing ‘imminent’ threat

[AP] A Ukrainian security official says Kyiv destroyed more than 40 military aircraft in a drone attack

[AP] Explosions caused 2 bridges in western Russia to collapse, officials say. 7 people were killed

[Bloomberg] China Blasts Hegseth as Defense Minister Avoids Singapore Forum

[Bloomberg] Taiwan Central Bank Warns Exporters Against Currency Speculation

[Bloomberg] China Home Sales Slump Drags On as Deflation Eats Into Incomes

[Bloomberg] Carry Trades Roar Back Into Favor as Emerging Currencies Rally

[WSJ] Trump Administration Targets Tech Firms as It Cuts More Contracts

[WSJ] Fannie and Freddie Changes Would Reshape the Mortgage Market. It Hinges on These Questions.

[WSJ] It’s Summer Vacation Time. Tourists Are Saying No to America.

[FT] Ukraine and Russia exchange massive air strikes ahead of peace talks

[FT] Dollar’s correlation with Treasury yields breaks down

[FT] Donald Trump’s steel tariffs prompt anger and warnings of ‘catastrophic’ job cuts in Canada

[FT] Iran has increased enriched uranium by 50%, says UN watchdog

[FT] Military briefing: How Iran is preparing for Israeli or US strikes

[FT] Britain must ‘prepare for war’, minister says ahead of defence review