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 February 23, 2024.

Global economy

• Lagarde’s Trump Warning Paves Way for EU Capital Markets Drive (Bloomberg)

• The markets are on fire — but Larry Summers says investors may not be fully pricing in political and social risks (Business Insider)

• Argentina Criticizes EU as Mercosur Trade Talks Bog Down Again (Bloomberg)

• US warns China against dumping goods on global markets (FT)

• How Japan Pulled Off an Early Victory in the Race to Make More Chips (Bloomberg)

Energy and climate

• World’s biggest solar company warns west not to cut out Chinese suppliers (FT)

• To Avoid Hefty Tariffs, China’s BYD Eyes U.S. Car Market Via Mexico (WSJ)

• EU Industry Calls for Green Shift Help to Rival China and US (Yahoo)

Global politics

• Trump Foreign Policy 2.0: Fewer Allies, Less Trade, More Loyalists (WSJ)

U.S. politics and economy

• Biden to sign executive order on US port cybersecurity targeting Chinese-manufactured shipping cranes (CNBC)

• U.S. needs another CHIPS Act to lead world, says Raimondo (Nikkei)

• Trump Pledges to Slash Taxes If He Returns to the White House (Bloomberg)

Trade and supply chain

• China circumvents US tariffs by shipping more goods via Mexico (FT)

• Netflix, Amazon could face tariffs on digital trade as Indonesia, India look to end tax moratorium (SCMP)

• Extend the WTO E-commerce Moratorium on Customs Duties on Electronic Transmissions (CSIS)

• Nobel Laureate Paul Romer Says Free Trade Hurts the Vulnerable (Bloomberg)