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 June 21, 2024.

Trade and Investment

• How not to do industrial policy (FT)

Climate and Energy

• Stellantis To Shift Some EV Production on China Tariff Concerns (MSN)

• Renewables chief says Joe Biden’s China tariffs risk slowing green transition (FT)

• France Should Ban Russian LNG Soon, Senate Committee Says (Bloomberg)

• The EV Bust in Europe Is a Red Flag for Region’s Climate Goals (Bloomberg)

U.S. Economic Policy

• Increased spending pushes 2024 US budget deficit estimate to $1.9 trillion (Reuters)

• Trump’s Planned Tariffs Would Tax US Households, Economists Warn (Bloomberg)

• Yellen Says Trump’s Proposed Tariffs Will Raise Consumer Costs (Bloomberg)

• Summers, Trump Swap Arguments on Proposal for Widespread Tariffs (Bloomberg)

• US Moves Closer to Restricting Outbound Investment in China for Chips, AI Tech (Bloomberg)

• United States asks EU to delay deforestation law, letter shows (Reuters)