Sunday's News Links

[Axios] Scoop: U.S.-Iran talks expected Friday if Iran sends nuclear proposal

[Reuters] Trump pushes US toward war with Iran as advisers urge focus on economy

[Reuters] Trump curious why Iran has not 'capitulated' amid US military buildup, says Witkoff

[Yahoo/Bloomberg] EU May Freeze US Trade Deal Approval on Trump Tariff ‘Chaos’

[Yahoo/Bloomberg] Xi Gains Leverage Before Trump Summit After Tariff Reversal

[Yahoo/Bloomberg] Japan’s Ruling Party Tax Chief Calls US Tariff Situation ‘Messy’

[Yahoo/Fortune] In the $3 trillion private credit market, the ‘shadow default’ rate is increasing as more money chases lower-quality deals

[Reuters] From 'buy America' to 'bye America', Wall Street exodus gathers pace

[Bloomberg] US Bilateral Trade Deals Stand Despite Tariff Ruling, Greer Says

[Bloomberg] Riskiest CLO Funds Are Flashing a Warning Sign: Credit Weekly

[Bloomberg] Winklevoss’ Gemini Risks a Hard Landing After the Crypto Rout

[NYT] They Did Deals With Trump to Get Lower Tariffs. Now They Are Stuck.

[NYT] Trump’s Trade Gamble Will Continue, Despite Supreme Court Rebuke

[WSJ] What to Know About Trump’s New Tariff

[WSJ] Trump’s New Trade Agenda Is on a Collision Course With Midterms

[WSJ] Tariff Ruling Sends CEOs Back to Company War Rooms

[WSJ] Under Trump Pressure, Iran Finds Its Friends Are of Little Help

[WSJ] A $44,000 Bill Shows the Dysfunction in California’s Home-Insurance Market

[FT] Earnings and AI fears drive ‘extreme’ churn in US stock market

[FT] What does Trump’s latest tariff threat mean for his previous trade pacts?

[FT] Trump’s new flat-rate tariff will boost China and Brazil