Friday's News Links

[CNBC] Stocks fall as Trump says China has violated trade agreement: Live updates

[Yahoo/Bloomberg] US Treasurys set for first monthly loss of 2025 on deficit woes

[Yahoo/Reuters] Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty

[CNBC] Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

[Yahoo/Bloomberg] Trump-Xi Truce Under Threat After US Targets Chinese Students, Tech

[Yahoo/Bloomberg] Tariff Ruling Threatens a $2 Trillion Fiscal Hole in Trump Plan

[Yahoo/Reuters] Tax bill contains 'sledgehammer' for Trump to retaliate against foreign digital taxes

[Yahoo/Reuters] Fed's Logan says it 'could take quite some time' to see a shift in balance of risks

[Axios] Behind the Curtain: The Great Fusing

[Yahoo/Reuters] Core inflation in Japan capital hits 2-year high, keeps rate hike chance alive

[Yahoo/Reuters] Global equity funds see second weekly outflow on tariff concerns

[Yahoo/Bloomberg] Trump aims to boost Taiwan arms sales further, Reuters says

[Bloomberg] Dudley: The Bond Market's Faith in America Is Facing a Severe Test

[Bloomberg] Bessent Says US-China Talks ‘Stalled,’ Pushes for Trump-Xi Call

[Bloomberg] A Soft Housing Market Isn’t Just a Florida and Texas Story Now

[Bloomberg] Sharp Decline in Volatility Index Catches Seasoned Traders Off Guard

[Bloomberg] Chinese Students Ditch US Plans as Trump Vows Crackdown on Visas

[Bloomberg] ECB Intensifies Scrutiny of Banks’ Exposure to Private Markets

[Bloomberg] Chinese Banks Face Liquidity Test on Deposit Exodus, Maturities

[Bloomberg] North Korea’s Surging Military Aid to Russia Detailed in Report

[NYT] Trump Makes a New Push to ‘Decouple’ U.S. From China

[NYT] ‘Bellwether of Risks’: What ‘Buy Now, Pay Later’ Defaults Say About the Consumer

[NYT] Chinese Students Rattled by Trump Plan to ‘Aggressively’ Revoke Visas

[WSJ] Trump’s Team Plots Plan B for Imposing Tariffs

[WSJ] Rising Inflation, Weak Production Put Bank of Japan in Tough Spot

[FT] Donald Trump accuses China of violating US tariff truce

[FT] Tett: There’s a ticking time bomb in Trump’s ‘big, beautiful bill’

[FT] Chinese tech groups prepare for AI future without Nvidia

Thursday Evening Links

[Yahoo/Bloomberg] Dollar Drops on Renewed Trade Uncertainty, Soft Economic Data 

[Yahoo/Bloomberg] Oil Declines as OPEC+ Supply Concerns Overshadow Tariff Relief

[Yahoo/Bloomberg] Appeals Court Allows Trump Tariffs to Stay in Effect for Now

[AP] Trump meets with the Federal Reserve chairman he has repeatedly scorned

[Yahoo/Reuters] Trump personally told Fed Chair Powell it was a mistake to not lower rates, White House says

[Yahoo/Bloomberg] Fed’s Daly Says Policy in a ‘Good Place,’ Can Be Patient

[Yahoo/Reuters] Fed's Kugler says monitoring markets amid big policy shifts

[NBC] After Rubio seeks to revoke their visas, Chinese students say U.S. resembles the country they left

[Bloomberg] Corporate-Bond Sales Top $150 Billion in Busiest May Since 2020

[WSJ] President Trump Isn’t a Tariff King

[FT] Donald Trump tells Jay Powell the Federal Reserve is making a ‘mistake’ by not cutting US interest rates

Thursday Afternoon Links

[CNBC] Dow is little changed as traders deal with trade policy confusion, Nvidia lifts Nasdaq: Live updates

[Yahoo/Bloomberg] Dollar Drops on Renewed Trade Uncertainty, Soft Economic Data

[Yahoo/Bloomberg] Oil Declines as OPEC+ Supply Concerns Overshadow Tariff Relief

[Yahoo/Bloomberg] Trump to Appeal Tariffs Ruling While Weighing Other Ways to Implement Levies

[Yahoo Finance] Two laws that Trump could use to re-impose his tariffs (and why he might do them both)

[CNBC] Fed Chair Powell told Trump in Thursday meeting that rate decisions would be based on ‘non-political’ analysis

[Yahoo Finance] Housing contract activity dropped sharply in April as volatility and high rates reigned

[Yahoo/Bloomberg] Fed’s Goolsbee Sees Lower Interest Rates If Tariffs Fade Away

[Yahoo/Reuters] Analysis-Trump's tariff tally: $34 billion and counting, global companies say

[Yahoo/Bloomberg] Trump Sees Iran Deal That Allows US to Destroy Nuclear Sites

[Bloomberg] Trump-Xi Truce Under Fire as US Targets Chinese Students, Tech

[WSJ] Tariff Ruling Is a Setback for Trump but Doesn’t End Trade War

[WSJ] Trump’s Tariffs: Where Things Stand

[FT] White House moves to overturn ruling that Trump’s tariffs are illegal

[FT] EU-US trade talks to go ahead despite court blow to Donald Trump’s tariffs

[FT] Germany eyes 10% digital tax on tech giants

[FT] Crypto wins a champion in the White House