New York Fed President Focuses on Inflation as Tariffs Shake Up Economy 
 

Policymakers face a scenario that could force a choice between keeping prices in check and maximizing employment.

 
China Sends Xi's Security Czar to Trade Talks With U.S. 
 

The Chinese leader's decision to send Wang Xiaohong to Geneva suggests fentanyl will play a key role in this weekend's high-stake talks.

 
Tariffs News: Trump Is Open to 80% Levies on China, Keeps 10% Baseline for All 
 

Exports from China to the U.S. plunged last month, but Beijing offsets the drop by selling goods elsewhere.

 
Stocks Mixed as Trump Floats 80% China Tariff 
 

U.S. stocks wavered, following a rally Thursday after President Trump negotiated a trade agreement with the U.K. He also laid down a marker for coming talks with Beijing, floating the idea of 80% tariffs.

 
China to Crack Down on Rare-Earth Materials Ahead of U.S. Trade Talks 
 

China has announced a crackdown on the smuggling of critical minerals, coming just one day before trade talks with the U.S., in which rare earth restrictions could be on the table.

 
Canadian Unemployment Rises to 6.9% in April, a Five-Month High 
 

In the first data point since U.S. tariffs began, employers added only 7,400 jobs. Tariffs 'are already taking a material bite out of the economy,' says one analyst.

 
China's Exports to U.S. Plunge, in Sign of Bite From Trump Tariffs 
 

The drop in U.S.-bound shipments was offset by a surge in Chinese goods to Southeast Asia, Africa, Europe and Latin America.

 
Elliott Eyes Bet on Pipeline Carrying Russian Gas 
 

The deal involves a package of infrastructure in Bulgaria, including Russia's last operational natural-gas link to Europe.

 
Trump's Bespoke Trade Deal With U.K. Sets Little Precedent for Other Nations 
 

Many other agreements weren't seen as likely to come together quickly.

 
Week Ahead for FX, Bonds: Focus on Trade News, U.S. Inflation, Retail Sales Data 
 

Trade news remains the main focus for investors, but economic data will still be watched closely for indications of how tariff uncertainty has impacted U.S. economic activity.

(END) Dow Jones Newswires

May 09, 2025 15:00 ET (19:00 GMT)

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