Friday's News Links

[CNBC] Stocks higher as Trump suggests cutting tariff on China to 80%: Live updates

[Yahoo/Bloomberg] Gold Edges Higher as Market Weighs Implications of US-UK Deal

[AP] Trump floats cutting China tariffs to 80% ahead of meeting as he looks to deescalate trade war

[Reuters] Inside China's decision to come to the table on Trump tariffs

[Axios] The U.S.-U.K. deal shows the trade war is here to stay

[Yahoo/Bloomberg] Asia’s Super-Rich Rapidly Dial Back US Exposure on Trade War

[Yahoo/Reuters] Fed's Kugler says US labor market stable, close to maximum employment

[Yahoo/Reuters] US-UK deal 'good news' but tariffs still higher, Bank of England governor says

[Yahoo/Reuters] China's exports, imports beat expectations in April

[Yahoo/Bloomberg] Chinese Investment Abroad Surged 28% as Trump Launched Trade War

[Yahoo/Reuters] Global equity fund inflows ease to a four-week low

[AP] Indian and Pakistan troops swap intense artillery fire

[AP] India’s clash with Pakistan sees use of Chinese missiles, French jets, Israeli drones, and more

[Reuters] Exclusive: Pakistan's Chinese-made jet brought down two Indian fighter aircraft, US officials say

[Bloomberg] Trump Team Seeks Tariff Cuts, Rare Earths Relief in China Talks

[Bloomberg] Trillions in Sales for S&P 500 Companies at Stake as US-China Talks Begin

[Bloomberg] Things Are About to Get Complicated for the Fed

[Bloomberg] Lutnick Warns No 'Fast Deals' for Japan and South Korea

[Bloomberg] Why Trump’s Auto Tariffs Are Poised to Drive Up Car Prices

[Bloomberg] Chinese Exports to US Slump 21% But Soar to Asia and Europe

[Bloomberg] This VE Day, the Celebrations Felt Hollow

[Bloomberg] Xi Tells Putin to Reach ‘Fair’ Peace Deal to End War on Ukraine

[WSJ] China to Crack Down on Rare-Earth Materials Ahead of U.S. Trade Talks

[WSJ] Putin Parades China, North Korea Ties in Victory Day Show of Force

[WSJ] Air-Traffic Control Overhaul Needs Billions in Upfront Investment, Transportation Secretary Says

[WSJ] In Europe, the Center-Right Is Losing Its Battle Against Populism

[FT] Donald Trump says 80% tariff on China ‘seems right’ ahead of trade talks

[FT] The periodic US default freak-out has started early

[FT] China’s He Lifeng: Xi Jinping’s ally leading trade talks with US

[FT] Tett: Welcome to the new age of geoeconomics

[FT] Asian investors fear more volatility after ‘extraordinary’ currencies moves

[FT] Canadian tourists snub US and head to Mexico

Thursday Afternoon Links

[Reuters] Wall St rises after US-Britain trade deal boosts market confidence 

[AP] What’s in the US-UK trade deal? A broad agreement with limited details

[Yahoo/Bloomberg] Trump Says ‘Substantive’ China Talks Could Yield Tariff Cut

[Yahoo/Reuters] NY Fed survey finds deteriorating views on household financial situation

[FT] Britain’s trade deal with Trump may not be good news for the world