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 March 15, 2024.
Global Trade and Investment
China’s BYD Visits Mexico’s Jalisco State as Potential Site for EV Plant (MSN)
Biden opposes plan to sell US Steel to a Japanese firm, citing the need for ‘American steel workers’ (AP)
US May Further Curb China’s Access to Chip Tech, Raimondo Says (BNN Bloomberg)
US House passes bill to force ByteDance to divest TikTok or face ban (Reuters)
Brexit has made investing in the UK harder, says Intercontinental Exchange chief (FT)
India signs $100bn free trade deal with European EFTA bloc (Al Jazeera)
China
China vows to 'transform' economy, sets ambitious growth target (Reuters)
China’s goal of 5 percent growth in 2024 is entirely realistic (Global Times)
Energy and Climate
EU delays stricter rules on imports from deforested areas (FT)
EU Set to Water Down Climate Rules to Placate Angry Farmers (Bloomberg/Yahoo)
Bar is rising for companies’ disclosure of climate risk information (FT)
LPO Announces Conditional Commitment to Lithium Americas Corp. to Help Finance the Construction of a Lithium Processing Plant in Nevada (DOE)(Bloomberg)
U.S. Politics
Biden Tax Plan Rollout Is the Starting Gun for Washington Lobbyists (Bloomberg)
What to know about Biden's 2025 budget proposal (ABC)
International
Milei’s Decree Suffers Major Setback After Repeal in Senate (Bloomberg/Yahoo)
Macron Piles Pressure on Europe to Take More Action for Ukraine (Bloomberg/Yahoo)