*Trump ‘reciprocal’ tariffs reinstated for now* A U.S. federal appeals court on Thursday granted the Trump administration’s request to temporarily pause a lower-court ruling that struck down most of Trump’s tariffs. ➡️ https://cnb.cx/3HvAAsm *Rocky U.S.-China negotiations* U.S.-China trade talks “are a bit stalled,” Treasury Secretary Scott Bessent told Fox News in an interview Thursday local time. ➡️ https://cnb.cx/3Fx0g7w *Tokyo inflation hits two-year high* Japan’s Nikkei 225 retreated 1.15% at 1:30 p.m. Singapore time as data showed annual core inflation in Tokyo hitting 3.6% in May, the highest since January 2023. ➡️ https://cnb.cx/4mDUxxf *European sectors to play: JPMorgan* JPMorgan analysts non-U.S. markets could trade “increasingly more favorably” against their American counterparts for the next 12 to 18 months. Here are the bank’s preferred sectors for this period. ➡️ https://cnb.cx/4jkZyIh _Get the latest updates: https://bit.ly/CNBCiWhatsApp_