Biden called for raising tariffs on imports of steel and aluminum from China, beginning what is expected to be a broadside of protectionist steps against Beijing during a presidential election in which trade is a flashpoint.
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Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Venezuela’s 2024 Presidential Election: What to Know
Venezuela’s election features an opposition candidate with a slim, if improbable, chance of defeating the country’s long-ruling authoritarian leader.The New York Times - World -
Trump or Biden? Either Way, Tariffs Will Likely Remain on Imports
There will be barriers to imports no matter who wins the presidential election, but there are significant differences in the policies that guide these economic protections.Inc. - Business - Donald Trump -
Biden’s Get-Tough-on-China Tariffs May Backfire
Some of President Biden’s new array of tariffs targeted at China make sense. But others seem motivated by a desire to outflank his opponent in Rust Belt swing states.The New York Times - Top stories - Joe Biden -
The U.S. Raised Tariffs on China. Now It Wants Europe's Support.
Washington is trying to wrangle its European allies into a united front against a surge in Chinese exports.The Wall Street Journal - World -
What do Biden's tariffs mean for the energy transition?
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story New tariffs could slow climate tech adoption As the Biden administration slaps new import tariffs on a range of metals and ...The Hill - Politics - Joe Biden -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.The New York Times - Top stories - China -
Why Biden's China tariffs could hurt his climate agenda
As President Biden strives to prove his pro-manufacturing and anti-China credentials ahead of his likely election rematch with former President Trump, his far-reaching climate agenda could pay a price. Biden this past week hiked tariffs on ...The Hill - Politics -
Calls to Pause Slovakia’s E.U. Election Campaigning Raise Questions
At least one party, the opposition Progress Slovakia, said it would suspend its campaign, in a move to help “end the spiral of attacks and blame.”The New York Times - Top stories -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
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Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China -
Biden Moves to Protect U.S. Solar Panel Makers From Cheap Chinese Imports
Added tariffs and better access to subsidies for domestically made panels will play to voters and could further the U.S. adoption rate for sustainable power equipment.Inc. - Business - Joe Biden -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
China sanctions former Rep. Mike Gallagher, a fierce critic of Beijing
China said it has sanctioned former U.S. lawmaker Mike Gallagher in response to his words and actions that “interfered in China’s internal affairs.”NBC News - Top stories - China -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
What's the latest on MLB's injured aces? Checking in on Gerrit Cole, Kodai Senga, Justin Steele and more
Heading into 2024, these 10 pitchers were being counted on to lead their teams. Here's how their squads have managed without them and what we can expect going forward.Yahoo Sports - Sports -
Will Biden Now Step Up on Ukraine?
His limits on Kyiv are a strategy for defeat on the installment plan.The Wall Street Journal - World - Joe Biden -
Why the world should learn to love Biden’s tariffs
The benefits will go far beyond American shoresFinancial Times - World - Joe Biden -
Women are worried about their financial security. That may affect the 2024 presidential election
Women say they are worried about their finances, from a higher cost of living to reduced retirement income, and that could affect the November election.CNBC - Business -
Why EU monitors should observe Venezuela’s presidential election
The democratic aspirations of the South American nation’s hard-pressed citizens deserve encouragementFinancial Times - World - European Union -
Mexico's presidential candidates spar over security in last debate before elections
Mexico's three presidential candidates Claudia Sheinbaum, Xóchitl Gálvez and Jorge Álvarez Máynez traded barbs and appealed to voters in the last debate before the June 2 election.NBC News - Top stories -
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The stock market has already chosen a winner in the 2024 presidential election
‘It’s the stock market, stupid!’ Dow Jones Industrial Average is a surprisingly reliable election predictor.MarketWatch - Business -
Biden and Trump trade jabs on trail on the campaign trail
President Biden and former President Trump delivered major speeches looking to rally their bases with less than six months to go until election day. NBC’s Hallie Jackson reports for TODAY.NBC News - Politics - Joe Biden -
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.The New York Times - Top stories - China -
Beyond tariffs, US economic strength is key to containing China
By leveraging its economic strength and showing unwavering determination, the U.S. can reestablish its prestige, deterring and inhibiting the CCP from challenging Taiwan or the global order.The Hill - Politics - China -
How this year's Biden-Trump debates will be different than past presidential debates
Learn more about the upcoming 2024 presidential debates, including who will participate, when to watch and how the Trump and Biden camps agreed on the events' logistics.NBC News - Top stories - Joe Biden -
What to expect on Sunday at the PGA Championship with such a crowded leaderboard
Will either Morikawa or Schauffele prevail? What's been the biggest surprise so far? The final round at Valhalla will reveal all.ESPN - Sports -
What to Expect for Subscription e-Commerce in 2024
Understand how these four trends will affect and can improve automated purchasing.Inc. - Business -
Biden announces 'major step' toward reclassifying marijuana
The Biden administration announced Thursday it had initiated the formal rulemaking process to reschedule marijuana to Schedule III from its Schedule I designation that it has held for more than 50 years. The announcement follows the Department of ...The Hill - Politics - Joe Biden -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
EU trade deficit with China shrinks to lowest level since 2021
Weak domestic demand and US tariffs on China provide boost to Europe’s transatlantic exportsFinancial Times - World - China -
The Debate Over Interest Rates Raises an Important Question for Entrepreneurs: Are Numerical Targets Actually Useful?
There's more than one way to set goals for your team. Here are the key lessons to keep in mind.Inc. - Business -
Olympic champion Gabby Douglas' comeback takes another important step at the U.S. Classic
Olympic gymnastics champion Gabby Douglas’ comeback following an eight-year layoff will take another important step at the U.S. ClassicABC News - Sports -
Biden's Chinese EV tariffs don't address lingering national security concerns
The 100% Chinese EV tariffs are meant to head off economic risks, but some Democrats say Chinese EVs should be banned entirely for security reasons.CBS News - Top stories - Joe Biden -
Will Chinese auto investment jump Joe Biden’s tariff walls?
China’s EV manufacturers looking to produce in Europe and the US will be next stage of trade war gameFinancial Times - World - Joe Biden