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 April 19, 2024.

Global Trade and Investment

• US Lawmakers Plan to Extend Africa Trade Pact AGOA Through 2041 (Bloomberg)

• Global Economy Remains Resilient Despite Uneven Growth, Challenges Ahead (IMF)

 Climate and Energy

• Negotiators seek money for climate action at spring meetings (FT)

• Europe trails China and US after ‘monumental’ energy mistakes, IEA chief says (FT)

EU

• EU faces decline without market reform, report warns (FT)

• French Finance Minister Le Maire Stirs Discord With Two-Speed Pitch for EU Markets Unity (Bloomberg)

• ECB to Watch Geopolitical Risk When Cutting Rates, Villeroy Says (Bloomberg)

• EU Goes on China Trade Offensive After Getting ‘Played’ (Bloomberg)

• As a Trump Victory Becomes Likelier, Europe Re-Engages With China (WSJ)

• EU Leaders Urge ‘Paradigm Shift’ to Reverse European Decline (Bloomberg)

• Subsidy race with US and China would harm Europe’s ailing economy, IMF warns (FT)

China-U.S. Relations

• USTR Initiates Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance (USTR)

• US-China Tensions Fragmenting Trade and Investment, IMF Finds (Bloomberg)

• Biden Calls China ‘Xenophobic,’ Ramping Up 2024 Campaign Rhetoric (Yahoo)

U.S. Economic Policy

• IMF Steps Up Its Warning to US Over Spending and Ballooning Debt (Bloomberg)