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PRESIDENT TRUMP: 80% TARIFF ON CHINA SEEMS RIGHT! https://t.co/WCPkWZxVDI
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$NIO will open pre-orders on May 10 for refreshed versions of its ES6, EC6, ET5, and ET5 Touring. These updated models target the domestic market first, with no confirmed timeline yet for international availability.
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WHITE HOUSE'S PETER NAVARRO ON CHINA TALKS: US-UK DEAL IS THE TEMPLATE FOR FUTURE DEAL
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NAVARRO: EU VERY HIGH ON THE PRIORITY LIST IN TRADE TALKS; VAT TAX IN EUROPE IS THE PROBLEM FOR THE US
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WHITE HOUSE'S PETER NAVARRO ON CHINA TALKS: INTERESTING WEEKEND FOR THE MARKETS
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US PROBES THE ROLE OF CROWDSTRIKE'S $CRWD BOSSES IN CARAHSOFT DEAL
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TRUMP: “Would graciously accept” a tiny tax hike on the rich — possibly taking the top rate back to 39.6%, per Bloomberg. Says it’s to help lower and middle-income workers, but warns GOP not to give Democrats a “Read my lips” moment. “I’m OK if they do,” he adds. https://t.co/JMJuVqiM2v
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THE WHITE HOUSE JUST PUBLISHED THE TERMS OF THE U.S.-UK ECONOMIC PROSPERITY DEAL:

The UK will offer a 13,000 mt duty-free beef quota and 1.4B liters for U.S. ethanol. The U.S. will open a 100,000 vehicle quota at 10% tariffs for UK cars and plans tariff cuts on steel, aluminum, and pharma pending reviews. Both sides will negotiate digital trade rules, tackle non-tariff barriers, and align on export controls. The deal aims to reduce barriers, secure supply chains, and expand market access across key sectors like autos, agriculture, and tech.
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US TO SEEK PREFERENTIAL TREATMENT FOR UK ON ANY PHARMA TARIFFS
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WHITE HOUSE ECONOMIC ADVISER HASSETT ON CNBC:

UK TRADE DEAL IS FRAMEWORK FOR FUTURE DEALS

EVERYTHING GOING ON WITH SWISS MEETING WITH CHINESE IS POSITIVE

24 OTHER TRADE DEALS ARE CLOSED TO BEING RESOLVED
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HASSETT: WILL SEE A LOT MORE DEALS LIKE UK DEAL IN COMING WEEKS
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TRUMP: MANY TRADE DEALS IN THE HOPPER https://t.co/grvzk9r7Mo
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STEAK 'N SHAKE SAYS IT'S READY TO USE $TSLA ROBOTAXIS FOR DELIVERIES. https://t.co/EKbK7R3sYV
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A thread 🧵👇 https://t.co/3XdGNixqv3
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