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

Saturday's News Links

[Reuters] Wall St Week Ahead Jobs data, tax bill, trade on tap for rebounding US stocks

[Yahoo/Reuters] Trump says he plans to double steel, aluminum tariffs to 50%

[Reuters] OPEC+ oil producers stick to their guns with another big hike for July

[AP] Answering your questions about President Trump’s tariffs

[Reuters] Japan says there is no easy concession on US tariffs, seeks more talks in June

[Yahoo/Bloomberg] China’s factory activity contraction eases after trade war truce

[AP] US defense secretary warns Indo-Pacific allies of ‘imminent’ threat from China

[AP] Iran has amassed even more near weapons-grade uranium, UN watchdog says

[AP] Turmoil, worry swirl over cuts to key federal agencies as hurricane season begins

[WSJ] Hegseth Warns of ‘Devastating Consequences’ Should China Seek to ‘Conquer’ Taiwan

[WSJ] The U.S. Plan to Hobble China Tech Isn’t Working

[WSJ] Ending Parole for 500,000 Migrants Creates New Headaches for Employers

[WSJ] Iran Builds Up Near Weapons-Grade Uranium Stockpile Despite Nuclear Talks

[WSJ] International Students Fear Leaving the U.S. as Trump’s Visa Threats Mount

[FT] Pete Hegseth says Chinese military action against Taiwan ‘could be imminent’

[FT] Japan faces big decisions on tackling bond market volatility

[FT] Jamie Dimon warns US bond market will ‘crack’ under pressure from rising debt

[FT] Is private equity becoming a money trap?

[FT] Turkey detains five mayors in latest crackdown on opposition