Sunday, May 11, 2025

Monday's News Links

[CNBC] Dow futures jump 1,000 points as traders await details on U.S.-China trade deal: Live updates

[Reuters] Stocks, dollar up on US-China trade hope, details lacking

[Yahoo/Bloomberg] Oil Leads Commodity Rally After US-China Truce as Gold Retreats

[AP] US and China take a step back from sky-high tariffs and agree to pause for 90 days for more talks

[Yahoo Finance] US and China to slash tariffs for 90 days after talks yielded ‘substantial progress’

[CNBC] Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China

[Reuters] Analysis-Investors cheer US-China tariff truce, but cautious over a final deal

[Yahoo/Bloomberg] US and China Tout Progress in Trade Talks, Offer Few Details 

[Axios] Trump says he'll sign order aimed at cutting drug prices by up to 80%

[Yahoo/Reuters] Apple considers raising iPhone prices, WSJ reports

[Reuters] Breakingviews: US-China truce cools down trade war, for now

[Bloomberg] US, China to Slash Tariffs During 90-Day Reprieve for Talks

[Bloomberg] Japan’s Ishiba Says Won’t Do Trade Deal With US Excluding Autos

[Bloomberg] Japan’s 30-Year Bond Yield Climbs to Highest in Almost 25 Years

[Bloomberg] China’s Rare Earth Curbs Have ‘Changed Psychology’ at US Firms

[NYT] Inside the U.S.-China Trade Cease-Fire

[NYT] For Trump, It’s a New Era of Deal-Making With Tech’s Most-Coveted Commodity

[WSJ] Surprise U.S.-China Trade Deal Gives Global Economy a Reprieve

[WSJ] Rest of Year Isn’t Looking Good for Retail-Property Market

[FT] China and US agree to slash tariffs

[FT] How Xi sparked China’s electricity revolution