Weekly Briefing: Key Policy Developments

This weekly briefing provides overviews of the top policy developments that business leaders should monitor.

Key policy and political developments for the week ended May 3, 2024.

Global Trade and Investment

• Mexico Tariffs on Steel, Plastics to Affect 7% of Total Imports (Bloomberg)

China-U.S. Relations

• TikTok, Tesla Show US-China Battle Over Data Is Just Beginning (Bloomberg)

Climate and Energy

• Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says (CNBC)

• G7 offers leeway to Germany, Japan in deal to quit coal by 2035 (Reuters)

• Climate, Energy and Environment Ministers’ Meeting Communiqué (G7)

• EV Makers Win 2-Year Extension to Qualify for US Tax Credits (Bloomberg)

U.S. Economic Policy

• Trump Advisers Discuss Penalties for Nations That Move Away From the Dollar (Bloomberg)