Friday's News Links

[CNBC] Stocks tumble as Trump threatens new tariffs against the EU and Apple: Live updates

[Yahoo/Bloomberg] Oil Extends Weekly Slump as Trump Floats 50% Tariff on the EU

[Yahoo/Bloomberg] Platinum Climbs to Two-Year High as it Heads for 10% Weekly Gain

[CNBC] Trump recommends 50% tariff on European Union starting June 1

[Axios] Trump threatens "straight 50%" tariff on European Union

[CNBC] Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.

[Yahoo/Reuters] Trump re-escalates trade threats, aiming at Apple, European Union

[Reuters] Trump's chaotic tariff war, and how it has evolved

[Yahoo/Bloomberg] US debt limit nail-biter looms as Senate ponders Trump tax bill

[Yahoo/Bloomberg] Trump Calls Japan’s Ishiba Ahead of Latest Tariff Talks

[Yahoo/Bloomberg] US Tariff Countdown Has Nations Racing to Turn Talks Into Deals

[Yahoo/Bloomberg] Senior US-China Officials Vow to Keep Communication Lines Open

[CNBC] Japan’s core inflation climbs to 3.5%, highest in more than 2 years

[Yahoo/Bloomberg] China 50-Year Bond Yields Rise in Auction, First Time Since 2022

[Bloomberg] US Long-Term Borrowing Costs Surge Over Deficit Concerns 

[Bloomberg] Trump’s Fannie, Freddie Pitch: Who Stands to Win or Lose

[Bloomberg] Harvard’s Foreign Students Are Stunned and Devastated by Trump’s Ban

[Bloomberg] Summers Slams Trump’s Move Against Harvard as ‘Stuff of Tyranny’

[Bloomberg] Lagarde Says International Trade Will Never Be the Same

[Bloomberg] Japan’s Top Life Insurer Says Unrealized Bond Losses Tripled

[Bloomberg] Taiwan Life Head Loses Sleep on FX, Plans on New Reserves Rule

[NYT] Republicans Harness Tax Code to Punish Trump’s Political Nemeses

[NYT] G7 Finance Ministers Show Unity in Support of Ukraine Against Russia

[WSJ] Bond Market to Washington: We’ll Make You Pay

[WSJ] Rooftop Solar Takes Gut Punch in House Tax Bill

[WSJ] Harvard Sues Trump Administration to Stop Block of International Students

[FT] Trump warns of 50% tariff on EU imports from next month

[FT] US debt fears put dollar on track for worst week since tariffs sell-off

[FT] Tett: Trump’s ‘big, beautiful’ budget is spooking investors

[FT] US-China trade war is pushing Asian nations to pick sides, ministers warn

[FT] Supreme Court signals it could shield Federal Reserve from Donald Trump

[FT] Donald Trump’s slapdown diplomacy

Thursday Evening Links

[CNBC] Stocks little changed as elevated Treasury yields weigh on sentiment: Live updates

[Bloomberg] Oil Set for Weekly Drop as OPEC+ Weighs Another Big Supply Hike

[AP] The bond market is shaking Wall Street again, this time because of worries about tax cuts

[Yahoo/Bloomberg] Crippling Clean-Energy Tax Credits Won’t Fly, GOP Senators Say

[AP] Trump administration bars Harvard from enrolling foreign students

[Bloomberg] A Guide to Trump’s Tax Cuts: What’s in His ‘Big, Beautiful’ Bill

[FT] Trump’s tax bill triumph could be a poisoned chalice for Republicans

Thursday Afternoon Links

[CNBC] Stocks rebound on Thursday as yields back off recent highs: Live updates

[Yahoo/Bloomberg] Oil Extends Decline as OPEC+ Considers Another Output Surge

[Axios] Why the bond market is barfing

[CNBC] U.S. Treasury yield spike has investors rethinking the rest of the world

[AP] Here’s the late changes Republicans made to Trump’s big bill

[Yahoo/Reuters] US existing home sales unexpectedly fall in April

[Yahoo/Reuters] US business activity improves in May; inflation poised to accelerate sharply

[Yahoo/Reuters] House budget bill effectively kills US clean energy boom

[Yahoo/Reuters] G7 draft calls for tackling 'excessive imbalances' in global economy, Bloomberg reports

[Yahoo/Reuters] Fed's Waller sees path to rate cuts later this year, Fox Business reports

[AP] Japan’s rice crisis: Prices soar, supplies dwindle and a minister resigns

[WSJ] National Weather Service Struggles With Staffing Cuts as Hurricane Season Begins

[WSJ] U.S. Business Activity Growth Improves Despite Concerns on Prices

[FT] The Japanese government bond market is in trouble

[FT] Germany’s Friedrich Merz pledges to defend ‘every inch’ of Nato territory

[FT] Droughts are major threat to Eurozone economy, warns ECB