Saturday, April 12, 2025

Sunday's News Links

[Axios] The global financial order is shaking beneath our feet

[Reuters] US Commerce Secretary says exempted electronic products to come under separate tariffs

[Reuters] How China went from courting Trump to ‘never yield’ tariff defiance

[AP] As tariffs put trade between China and the US in peril, Chinese businesses ponder the future

[Yahoo/WSJ] The Companies and Markets Hit Hardest by Trump’s Tariffs

[Yahoo/Bloomberg] G-7 Central Banks Prepare First Responses to US Tariff Chaos

[AP] Trump goes with his gut and the world goes along for the ride

[AP] Some top tech leaders have embraced Trump. That’s created a political divide in Silicon Valley

[Politico] Trump tariffs ‘increase risk’ of financial crisis, Germany’s Merz warns

[AP] More than 30 people killed, 99 injured in Russian missile attack on Ukrainian city of Sumy

[Bloomberg] China Says US Tariff Break a ‘Small Step’ to Fixing Mistake

[Bloomberg] Emerging Markets Face ‘Wrecking Ball’ From Tariff Turmoil

[Bloomberg] Japan Doesn’t Plan to Use US Treasuries as Tariff Talk Leverage

[Bloomberg] China Credit Expansion Beats Forecast on Bond Sale Deluge

[Bloomberg] France Needs €40 Billion in Savings to Reach 2026 Deficit Target

[NYT] Trump Has Added Risk to the Surest Bet in Global Finance

[WSJ] Economic Outlook Dives Just Three Months Into Trump’s Term

[WSJ] Trump’s ‘Big, Beautiful’ Bill Faces Tense Next Chapter in Congress

[WSJ] Wall Street’s ‘Smart Money’ Braced for Tariff Chaos. It Was Still Caught Off Guard.

[WSJ] Trump Floods Supreme Court With Appeals to Push Through Agenda

[WSJ] Wealthy Buyers Are Backing Out of Multimillion-Dollar Home Deals

[WSJ] Iran Has a Reason to Strike a Nuclear Deal: Its Economy Is in Trouble

[FT] US tech tariff exemption may only be temporary, says Lutnick

[FT] China is well positioned to weather Trump’s trade war

[FT] Trump’s China trade war a ‘boon’ for Brazil but sends US farmers reeling

[FT] America the Unstable

[FT] Trump chaos prompts top Canadian and Danish pension funds to cool on US

[FT] The ‘Nixon shock’ might help us make sense of the Trump one