Trump: I am getting along well with Mexico's Sheinbaum. We want to help Sheinbaum and Mexico on cartels

Trump: The tariff pause was because it's a transition, and came from the need for flexibility.

GS: China's economic growth is likely to slow significantly in the second quarter of the year, primarily due to strong headwinds from U.S. tariffs.

Spot Gold taps $3289, new ATH

VanEck proposes Bitcoin-linked Treasury bonds ("Bitbonds") to offset $14 trillion in US debt

The White House: China faces up to 245% tariffs as result of its retaliatory actions

Chinext index -1.74%

Nasdaq index futures dive over 2% pre market

🚨ASML Holding NV reports weaker-than-expected orders, citing a slowdown in the chip sector before U.S. tariffs threatened to disrupt the industry.

The concentration in the top 10 stocks has returned to levels not seen since the extreme highs of 1964. That unwinding process persisted until 1982, amid a backdrop of rising inflation and interest rates.

🚨US bans Nvidia from selling H20 Artificial Intelligence (AI) chips to China

S&P 500 earnings estimates (EPS) for the next 12 months are still at all-time highs. Basically, Wall Street still thinks profits are gonna moon. The "record-high uncertainty" charts, the ones showing how uncertain people are about the economy or markets, are essentially indicators for how wrong economists, analysts, and strategists are likely to be in the future.

Economic policy uncertainty in the US is now at record highs, surpassing even the pandemic spike.

SHANGHAI COMPOSITE INDEX TURNED POSITIVE

🚨NOMURA: CUTS CHINA'S 2025 GDP GROWTH FORECAST TO 4% FROM 4.5%

Without the current trade war, the USDEUR would be approaching parity with how the yield spread has widened. But everyone's focused on tariffs right now. Let's see how this pans out.

🚨CHINA FOREIGN MINISTRY, ON U.S. TARIFFS: IF US WANTS TO SOLVE ISSUES THROUGH DIALOGUE, IT SHOULD STOP EXERTING MAX PRESSURE

🚨China Foreign Ministry on White House statement on US 245% tariff hike on China: we don't want conflict, but won't stay silent

USD vs emerging markets near all time highs.