Sunday's News Links

[Yahoo/Bloomberg] US Inflation Set to Stay Sticky as Tariff Risk Looms

[Yahoo/Bloomberg] The bond market’s Trump trade is looking like a recession trade

[AP] Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

[AP] Canada’s Liberals will elect new leader to replace Trudeau as country deals with Trump’s trade war

[BBC] How Trump's threats have changed everything about Canada's politics

[Yahoo/Bloomberg] China’s Inflation Declines Below Zero for First Time in Year

[Yahoo/Bloomberg] Support Grows for Increased Defense Spending in France, UK

[Bloomberg] ‘Impossible Trinity’ Conundrum Has Caused a Cash Crunch in Asia

[Bloomberg] Cascading Extreme Weather Events Unleash Billions in Damages Globally

[Bloomberg] Tariffs Are Bad. Tariff Uncertainty Is Even Worse.

[Bloomberg] Musk Calls on US to Quit NATO, Stop Paying for Defense of Europe

[NYT] Trump Wants to Kill Carried Interest. Wall Street Will Fight to Keep It.

[WSJ] Tariff Wars Are Often Short. Their Legacies Aren’t.

[WSJ] GOP Unveils Funding Plan Backed by Trump, Setting Up Clash With Democrats

[WSJ] How China Is Challenging the West With Its Trillion-Dollar Infrastructure Plan

[WSJ] Rebuilding Los Angeles Is California’s Economic Moment of Truth

[FT] Canada to choose new leader to face Donald Trump in trade war with US

[FT] Ukraine loses ground in Kursk as US cuts off support

[FT] Japan seeks tariff reprieve after Donald Trump questions long-standing defence pact