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 9, 2024.
U.S. politics and economy
If re-elected, Trump will target EU with trade sanctions (Brussels Times)
Trump team targets European Union for punishing trade steps (Modern Diplomacy)
Trump’s Favorite Metric Has Biden Winning the US-China Trade War (Bloomberg)
Global economy
Biden administration planning action to stop hostile foreign governments exploiting Americans’ personal data (CNN)
The great US-Europe antitrust divide (FT)
US Trade Deficit With China Narrows to Lowest Since 2010 (Bloomberg)
China and US hold economic talks as trade issues heat up on the campaign trail (AP)
The Balance Of Power Has Shifted Toward Employers—What This Means For Workers (Forbes)
Energy and climate
US says allies 'reassured' LNG pause does not affect current exports (Reuters)
Commission presents recommendation for 2040 emissions reduction target to set the path to climate neutrality in 2050 (European Commission)
EU lays out plan to cut greenhouse emissions by 90% by 2040 (Guardian)
US says allies 'reassured' LNG pause does not affect current exports (Reuters)
Europe’s Green Agenda Collides With Geopolitical, Economic Reality (WSJ)
LNG export review should weigh impact on green hydrogen market, US official says (Reuters)
EU Aims to Cut 90% of Emissions by 2040. What Does That Mean? (Bloomberg)
EU Tries to Match US Green Subsidies With Its Clean Tech Deal (Bloomberg)
Bosch warns government cuts and populism are threat to plans to decarbonize (FT)
EU Withdraws Push to Cut Pesticide Use After Farmer Protests (Bloomberg)
Europe Wary of Clean-Tech Protectionism on Green-Transition Cost (Bloomberg)
EU Risks Escalating Spat With Farmers, Business Over Climate (Bloomberg)
Trade and supply chain
Readout: Third Meeting of the Economic Working Group between the U.S. and the People’s Republic of China (U.S. Embassy)
A China-U.S. Decoupling? You Ain’t Seen Nothing Yet (WSJ)
Biden Trade Chief Calls Tariffs ‘Important Defensive Tool’ (Bloomberg)