Linked Outlook | May 14 Edition
Your Global Pulse in Innovation, Policy & Business
Inside Today’s Edition:
🇨🇳🇺🇸 China-U.S. trade tensions escalate with new tariffs
🧠 AI Spotlight: Perplexity AI challenges Google Search
📉 Markets react to inflation forecast from the U.S.
🌍 Global Briefs: Sudan conflict worsens | UK’s crypto stance softens
📊 Quick Stats: What you need to know in 30 seconds
🧭 Top Story: U.S. Raises Tariffs on Chinese Goods
What happened?
The Biden administration announced a sweeping set of new tariffs targeting electric vehicles, batteries, and solar products from China. The tariff on Chinese EVs jumps from 25% to 100%, directly impacting major players like BYD and NIO.
Why it matters:
This signals a new era of decoupling in tech and energy. The U.S. aims to protect domestic manufacturing and reduce reliance on China, but the move may trigger retaliatory tariffs, affecting supply chains and global prices.
📌 Outlook:
Expect volatility in the EV and green tech markets. China is expected to respond aggressively, and investors should monitor geopolitical risks.
🤖 Innovation & Technology:
Can Perplexity AI Dethrone Google Search?
What’s new:
Perplexity AI, an answer engine built on GPT-4 and Claude, has surged in popularity, offering real-time cited answers with a clean UX. It’s positioned as a smart alternative to traditional search engines.
Why it matters:
It reduces misinformation by citing sources
Offers a minimalist, fast interface
Already used by millions for research and decision-making
How to use it:
Great for summarizing articles, answering complex questions, and getting insight with traceable sources. Try it at: https://www.perplexity.ai
Pros: Fast, clean, citations
Cons: Still limited in niche topics or deep verticals
💹 Business & Markets:
U.S. Inflation Forecast Spooks Investors
Details:
New CPI data is expected tomorrow, but the Fed’s latest estimates are already rattling markets. Wall Street anticipates sticky inflation above 3.5% for Q2.
Reaction:
S&P dipped 1.2%, Nasdaq down 1.6%. Investors moved to gold and short-term bonds.
What to watch:
CPI release tomorrow morning
Fed officials speaking this week
Interest rate decision next month
🌍 Global Briefs:
🇸🇩 Sudan: Civil war intensifies. Over 1 million refugees have fled the country. UN calls it one of the world’s worst humanitarian crises.
🇬🇧 UK: Treasury proposes crypto regulation, aiming to attract fintech while protecting users.
🇯🇵 Japan: GDP contracted 0.5% in Q1; yen continues to weaken.
📊 Quick Stats:
🧠 AI Traffic: Perplexity AI gets 55M monthly visits
🔋 EV Tariffs: U.S. hikes to 100% on Chinese EVs
📉 Market Impact: Nasdaq sees worst day since February
🧮 CPI Watch: Forecasted at 3.6% (YoY)
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— Henry
Editor, Linked Outlook