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Trump: Tariffs are important. He is happy with appeals court decision

More Japan Akazawa: No change in stance that tariffs, including those on auto, regretable

Crude oil futures settle at $60.79

JPM Dimon: US government should get rid of carried interest

Trump: CBO purposely gave us a extremely low level of growth

Baker Hughes oil rig count -4 to 461

Chiina’s spokesperson:Both China and US have maintained communication over concerns

Japan’s economic minister Akazawa met with US Treasury Secretary Bessent and Lutnick

WH Chief of Staff Miller:China must show its commitment to rules-based international order

European indices close mostly higher. France’s CAC falls

US indices are trading lower to start the day. Prices are higher for the week.

University of Michigan sentiment for May final 52.2 vs.51.0 estimate