Weekly Briefing: Key Policy Developments

Apr 12, 2024

Key policy and political developments for the week ended April 12, 2024.

Global Trade and Investment

Canada Warns Trump 10% Tariff Risks Sparking Global Retaliation (Bloomberg)
Goldman Says Trump’s New China Tariff Plan Would Slow US Growth (Bloomberg)
After issuing factory capacity warning to China, Yellen faces tariff decisions (Reuters)
TSMC Gets $11.6 Billion in US Grants, Loans for Chip Plants (Yahoo)
South Africa Has Spurned Europe For a Year on Trade Summit (Bloomberg)
EU to Set Stricter Rules on Ukraine Tariff-Free Trade Extension (Bloomberg)
French PM tells Canada: CETA free trade agreement is 'win-win' deal for both sides (Reuters)

Climate and Energy

EU’s Simson Says FTA With Australia Would Help Minerals Push (Bloomberg)
Climate inaction violates human rights. What ECHR's ruling means for future litigation? (Reuters)
Geopolitics lurks behind Europe’s gas storage success (FT)
EU Ramps Up Pressure on China’s Green Tech With Wind Probe (Bloomberg)
EU Shifts Attention to Industry in Push to Deliver Green Targets (Bloomberg)
Europe needs €800bn to meet 2030 climate targets, says industry (FT)
Climate in context: Geopolitics, business, and the board (KPMG)

Global Politics and Economy

IMF warns industrial policy no magic cure for slow economic growth (Reuters)
China Has Too Much at Stake in Industry Push to Listen to Yellen (Bloomberg)
How India Can Take China’s Growth Crown (Bloomberg)
US Seeks to Isolate China With Help of Allies, Rahm Emanuel Says (Bloomberg)
Europe needs more funds for defence as wider war ‘no longer a fantasy’, Borrell warns (Euractiv)
Yellen Threatens Sanctions for China Banks That Aid Russia War (Bloomberg)
Russia, China to talk about deeper security co-operation in Eurasia, Lavrov says (Reuters)
Japanese PM Kishida tells Congress the U.S. must play leading role in the world (CNBC)
Meloni Seeks China Reset After Italy Ditches Belt and Road Pact (Bloomberg)

U.S. Economic Policy

Josh Shapiro warns Joe Biden gas stance could hurt election hopes (FT)
Senators Propose Plan to Stem Flow of US Tech to Adversaries (Bloomberg)
How the US Steel Takeover Became About Biden and Swing States (Bloomberg)
U.S. Department of Justice opens probe into Nippon Steel's U.S. Steel deal, Politico reports (Reuters)

Business Policy Report