*Trump recommends 50% tariffs on EU* U.S. President Donald Trump said Sunday he will delay 50% tariffs on the European Union until July 9, days after “recommending” them to kick in from June 1. ➡️ https://cnb.cx/4dDdNXM *Staying ahead despite export curbs* Stockpiling chips, making AI models more efficient and using homegrown semiconductors — those are some strategies Chinese tech companies are using to keep up in the global AI race. ➡️ https://cnb.cx/4dC5Z8E *Nippon Steel shares rise* Today, Japan’s Nikkei 225 was up nearly 1% as shares of Nippon Steel added 2.2% following news that Trump had approved a merger between the company and U.S. Steel. ➡️ https://cnb.cx/43x2tYq *Nvidia earnings to determine markets* Nvidia announces first-quarter earnings this week. The event, and the U.S. personal consumption expenditures index for April, out Friday, will determine investor sentiment of markets for the week. ➡️ https://cnb.cx/4dBuvH9 _Get the latest updates: https://bit.ly/CNBCiWhatsApp_