Macro Briefing: 10 May 2019

Trump raises tariffs on China, which vows to respond: CNBC
US-China trade talks to resume today: CNN
Estimates of economic costs to higher tariffs in US-China trade war: MW
US seizes N. Korean ship that violated international sanctions: AP
UK economic growth strengthened in first quarter: BBC
Jobless claims in US fell last week, near 50-year low: MW
US producer prices increased less than forecast in April: WSJ
US trade deficit increased slightly in March: MW
BlackRock strategist: yield curve losing predictive power: Bloomberg
10yr-3mo yield curve goes negative, suggesting higher recession risk: CNBC