Jerry Lin
The Latest
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China’s Q1 GDP Grows 5.4% as Export Surge Preempts Tariff Shock, But Outlook Darkens
China's economy expanded 5.4% in the first quarter of 2025, beating analysts' expectations and bolstered by a sharp uptick in exports as manufacturers rushed to ship goods ahead of U.S. tariff increases. However, economists warn that the world's second-largest economy is on the verge of a significant slowdown as the impact of up to 145% tariffs on Chinese goods takes hold. 
China's economy expanded 5.4% in the first quarter of 2025, beating analysts' expectations and bolstered by a sharp uptick in exports as manufacturers rushed to ship goods ahead of U.S. tariff increases. However, economists warn that the world's second-largest economy is on the verge of a significant slowdown as the impact of up to 145% tariffs on Chinese goods takes hold. -
Tech Stocks Rally After Tariff Reprieve, But Trump Signals More Semiconductor Levies Ahead
Global stock markets rallied Monday after President Donald Trump announced a temporary exemption on U.S. tariffs for electronics, including smartphones and computers, easing immediate concerns for technology firms and investors bracing for higher costs. The S&P 500 climbed 1.5% in early trading, with the Nasdaq Composite up 2% and the Dow Jones Industrial Average gaining 441 points, or 1.1%. 
Global stock markets rallied Monday after President Donald Trump announced a temporary exemption on U.S. tariffs for electronics, including smartphones and computers, easing immediate concerns for technology firms and investors bracing for higher costs. The S&P 500 climbed 1.5% in early trading, with the Nasdaq Composite up 2% and the Dow Jones Industrial Average gaining 441 points, or 1.1%. -
China’s Exports Surge 12.4% in March as U.S. Tariff Deadline Sparks Shipping Frenzy
China's exports surged 12.4% in March compared to a year earlier, as companies rushed to ship goods ahead of escalating U.S. tariffs, according to customs data released Monday. The sharp increase, driven by front-loaded shipments, outpaced analyst forecasts and comes amid deteriorating trade relations between Washington and Beijing under President Donald Trump's latest tariff escalation. 
China's exports surged 12.4% in March compared to a year earlier, as companies rushed to ship goods ahead of escalating U.S. tariffs, according to customs data released Monday. The sharp increase, driven by front-loaded shipments, outpaced analyst forecasts and comes amid deteriorating trade relations between Washington and Beijing under President Donald Trump's latest tariff escalation. -
Binance Seeks End to Treasury Monitorship While Courting Trump Crypto Venture
Binance executives met with U.S. Treasury officials last month to push for the removal or reduction of federal oversight, while also exploring a potential partnership with former President Donald Trump's cryptocurrency venture, according to a report by The Wall Street Journal citing sources familiar with the discussions. 
Binance executives met with U.S. Treasury officials last month to push for the removal or reduction of federal oversight, while also exploring a potential partnership with former President Donald Trump's cryptocurrency venture, according to a report by The Wall Street Journal citing sources familiar with the discussions. -
Gold Prices Surge Past $3,250 to Record Highs as Dollar Weakens and U.S.-China Trade War Escalates
Gold prices soared to new record levels Friday, extending a three-day rally fueled by intensifying U.S.-China trade tensions, a faltering dollar, and deepening demand for safe-haven assets. Spot gold climbed as much as 1.6% to $3,225.52 per ounce by midmorning in New York after hitting an intraday record of $3,244.10. U.S. gold futures for June delivery reached as high as $3,255.90, before settling slightly lower at $3,235.20. 
Gold prices soared to new record levels Friday, extending a three-day rally fueled by intensifying U.S.-China trade tensions, a faltering dollar, and deepening demand for safe-haven assets. Spot gold climbed as much as 1.6% to $3,225.52 per ounce by midmorning in New York after hitting an intraday record of $3,244.10. U.S. gold futures for June delivery reached as high as $3,255.90, before settling slightly lower at $3,235.20. -
Wholesale Prices Drop 0.4% in March Ahead of Trump’s Tariff Escalation, Signaling Easing Inflation
Wholesale prices in the United States fell unexpectedly by 0.4% in March, according to Bureau of Labor Statistics data released Friday, offering a potentially favorable inflation snapshot just as President Donald Trump's sweeping tariff hikes begin to take effect. The decline in the Producer Price Index (PPI), a key gauge of pipeline inflation, came as economists had forecast a 0.2% increase. 
Wholesale prices in the United States fell unexpectedly by 0.4% in March, according to Bureau of Labor Statistics data released Friday, offering a potentially favorable inflation snapshot just as President Donald Trump's sweeping tariff hikes begin to take effect. The decline in the Producer Price Index (PPI), a key gauge of pipeline inflation, came as economists had forecast a 0.2% increase. -
JPMorgan’s Jamie Dimon Warns of ‘Considerable Turbulence’ as Tariffs, Inflation, and Volatility Mount
JPMorgan Chase CEO Jamie Dimon warned Friday that the U.S. economy is confronting "considerable turbulence," citing heightened geopolitical risks, trade wars, and persistent inflation. The cautionary message came as the bank posted a 9% year-over-year rise in first-quarter profit to $14.64 billion, beating Wall Street expectations. 
JPMorgan Chase CEO Jamie Dimon warned Friday that the U.S. economy is confronting "considerable turbulence," citing heightened geopolitical risks, trade wars, and persistent inflation. The cautionary message came as the bank posted a 9% year-over-year rise in first-quarter profit to $14.64 billion, beating Wall Street expectations. -
U.S. Inflation Slows to 2.4% in March as Egg Prices Surge 60%, Tariffs Cloud Outlook
U.S. inflation eased in March, with consumer prices rising 2.4% from a year earlier, offering a fresh sign of cooling price pressures even as surging egg prices and escalating tariffs cloud the outlook. The data, released Thursday by the Bureau of Labor Statistics, showed the slowest year-over-year increase since early 2021 and came in below economists' expectations. 
U.S. inflation eased in March, with consumer prices rising 2.4% from a year earlier, offering a fresh sign of cooling price pressures even as surging egg prices and escalating tariffs cloud the outlook. The data, released Thursday by the Bureau of Labor Statistics, showed the slowest year-over-year increase since early 2021 and came in below economists' expectations. -
China Consumer Prices Fall Again as Deflation Risks Rise Amid U.S. Tariff Escalation
China's consumer prices declined for a second consecutive month in March, underscoring growing deflationary pressures as the world's second-largest economy faces renewed external risks from escalating trade tensions with the United States. 
China's consumer prices declined for a second consecutive month in March, underscoring growing deflationary pressures as the world's second-largest economy faces renewed external risks from escalating trade tensions with the United States. -
U.S. Oil Plunges on China's Retaliatory Tariffs and Recession Fears, Analysts Warn of Supply Glut
U.S. crude oil prices fell sharply on Wednesday, dropping more than 7% during intraday trading before paring losses, as markets reacted to China's announcement of retaliatory tariffs on U.S. goods in response to President Donald Trump's sweeping 104% levies. The aggressive trade action deepened concerns of a global economic slowdown and sent oil benchmarks tumbling to their lowest levels in four years. 
U.S. crude oil prices fell sharply on Wednesday, dropping more than 7% during intraday trading before paring losses, as markets reacted to China's announcement of retaliatory tariffs on U.S. goods in response to President Donald Trump's sweeping 104% levies. The aggressive trade action deepened concerns of a global economic slowdown and sent oil benchmarks tumbling to their lowest levels in four years.
