On today's podcast:
1) President Donald Trump said the US would respond to the European Union’s countermeasures against his new 25% tariffs on steel and aluminum, raising the risk of further escalation in his global trade war.
2) Senate Democratic leader Chuck Schumer said his party would block a Republican spending bill to avert a government shutdown on Saturday and urged the GOP to accept a Democratic plan to provide funding through April 11 instead.
3) The worst of the US equity correction may be over, with credit markets indicating a lower risk of recession, according to JPMorgan Chase & Co.

Daybreak Holiday: Kevin Warsh, Costco, Inflation's Impact on Memorial Day
39:16

Daybreak Weekend: US PCE, Iceland Eco Conference, Australia CPI
38:32

US-Iran Talks Get Complicated; Stephen Colbert's Final Show
15:49