Jerry Lin
The Latest
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EU Readies $114 Billion in U.S. Tariff Targets, Including Boeing Jets and Autos, if Talks With U.S. Break Down
The European Union is preparing to impose sweeping tariffs on U.S. goods-including Boeing aircraft and American-made cars-if trade negotiations with the Trump administration collapse, setting the stage for the first tariff escalation between the two aerospace powers since 2021. 
The European Union is preparing to impose sweeping tariffs on U.S. goods-including Boeing aircraft and American-made cars-if trade negotiations with the Trump administration collapse, setting the stage for the first tariff escalation between the two aerospace powers since 2021. -
EU Unveils Sweeping Plan to Ban All Russian Gas Imports by 2027
The European Union on Tuesday announced its most ambitious energy policy shift since the start of the Ukraine war, unveiling a roadmap to ban all Russian gas imports - both pipeline and liquefied - by the end of 2027. The plan also includes a proposal to halt all new contracts and spot purchases by the close of 2025, signaling a sharp turn in the bloc's energy strategy. 
The European Union on Tuesday announced its most ambitious energy policy shift since the start of the Ukraine war, unveiling a roadmap to ban all Russian gas imports - both pipeline and liquefied - by the end of 2027. The plan also includes a proposal to halt all new contracts and spot purchases by the close of 2025, signaling a sharp turn in the bloc's energy strategy. -
UK and India Seal Major Trade Pact as Trump Tariffs Reshape Global Commerce
The United Kingdom and India signed a sweeping bilateral trade agreement Tuesday, reducing tariffs on a wide array of goods including British whisky and automobiles, in a move both governments framed as a counterweight to rising global protectionism fueled by U.S. President Donald Trump's trade policies. 
The United Kingdom and India signed a sweeping bilateral trade agreement Tuesday, reducing tariffs on a wide array of goods including British whisky and automobiles, in a move both governments framed as a counterweight to rising global protectionism fueled by U.S. President Donald Trump's trade policies. -
Taiwan Dollar Soars to Two-Year High as Trump Tariffs Trigger Currency Turmoil
The Taiwan dollar surged nearly 8% over two days to its highest level in more than two years, marking a rare and dramatic move in Asia's currency markets that traders are attributing to fallout from President Donald Trump's escalating tariff measures and mounting pressure on key trading partners. 
The Taiwan dollar surged nearly 8% over two days to its highest level in more than two years, marking a rare and dramatic move in Asia's currency markets that traders are attributing to fallout from President Donald Trump's escalating tariff measures and mounting pressure on key trading partners. -
Oil Prices Drop Over 4% as OPEC+ Surprises Markets With New Production Surge
U.S. crude oil prices fell sharply on Sunday after OPEC+ agreed to ramp up production in June, intensifying supply pressures that have already driven oil down more than 20% since the start of the year. West Texas Intermediate crude dropped $2.49, or 4.27%, to $55.80 a barrel, while international benchmark Brent crude declined $2.39, or 3.9%, to $58.90 per barrel. 
U.S. crude oil prices fell sharply on Sunday after OPEC+ agreed to ramp up production in June, intensifying supply pressures that have already driven oil down more than 20% since the start of the year. West Texas Intermediate crude dropped $2.49, or 4.27%, to $55.80 a barrel, while international benchmark Brent crude declined $2.39, or 3.9%, to $58.90 per barrel. -
OPEC+ Locks In 411,000 Bpd June Hike as Oil Falls Below $62, Strains Budget for Members
OPEC+ has agreed to raise oil output by 411,000 barrels per day (bpd) in June, the second consecutive monthly increase, as the group continues unwinding its 2.2 million bpd production cut, despite falling oil prices and signs of softer demand. The decision followed a short online meeting on Saturday, which was moved up from May 5 to May 3 as internal tensions within the group intensified. 
OPEC+ has agreed to raise oil output by 411,000 barrels per day (bpd) in June, the second consecutive monthly increase, as the group continues unwinding its 2.2 million bpd production cut, despite falling oil prices and signs of softer demand. The decision followed a short online meeting on Saturday, which was moved up from May 5 to May 3 as internal tensions within the group intensified. -
U.S. Adds 177,000 Jobs in April, Beating Expectations as Tariff Impact Looms
U.S. employers added 177,000 jobs in April, surpassing Wall Street expectations and signaling ongoing labor market resilience despite escalating trade tensions and the early stages of President Donald Trump's sweeping tariff strategy. The Bureau of Labor Statistics reported Friday that nonfarm payrolls grew more than the Dow Jones forecast of 133,000, though slightly below the downwardly revised March figure of 185,000. 
U.S. employers added 177,000 jobs in April, surpassing Wall Street expectations and signaling ongoing labor market resilience despite escalating trade tensions and the early stages of President Donald Trump's sweeping tariff strategy. The Bureau of Labor Statistics reported Friday that nonfarm payrolls grew more than the Dow Jones forecast of 133,000, though slightly below the downwardly revised March figure of 185,000. -
Japan Signals $1 Trillion in U.S. Treasuries Could Be Trade Leverage as Tariff Talks Continue
Japan's $1 trillion-plus in U.S. Treasury holdings could be used as a tool in trade negotiations with Washington, Finance Minister Katsunobu Kato said Friday, signaling a shift in Tokyo's position amid intensifying tariff talks and financial market volatility. 
Japan's $1 trillion-plus in U.S. Treasury holdings could be used as a tool in trade negotiations with Washington, Finance Minister Katsunobu Kato said Friday, signaling a shift in Tokyo's position amid intensifying tariff talks and financial market volatility. -
U.S. Weekly Jobless Claims Surge Past Expectations as Tariff Pressures Mount on U.S. Labor Market
Initial jobless claims in the U.S. surged to 241,000 for the week ending April 26, the highest level since February, in a sign of mounting pressure on the labor market amid slowing growth and fallout from a sharp rise in imports ahead of new tariffs. The total exceeded economists' expectations for 225,000 and marked an 18,000 increase from the prior week, the Labor Department reported Thursday. 
Initial jobless claims in the U.S. surged to 241,000 for the week ending April 26, the highest level since February, in a sign of mounting pressure on the labor market amid slowing growth and fallout from a sharp rise in imports ahead of new tariffs. The total exceeded economists' expectations for 225,000 and marked an 18,000 increase from the prior week, the Labor Department reported Thursday. -
China Quietly Exempts Key U.S. Exports from 125% Tariffs - Report
China has quietly waived tariffs on a range of U.S. imports, including ethane, semiconductors, and pharmaceutical products, in a move that highlights Beijing's mounting economic pressure amid a protracted trade war with the United States. 
China has quietly waived tariffs on a range of U.S. imports, including ethane, semiconductors, and pharmaceutical products, in a move that highlights Beijing's mounting economic pressure amid a protracted trade war with the United States.
