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MNI POLITICAL RISK ANALYSIS – US Daily Brief 05-07-22

Executive Summary:

  • US Secretary of State Antony Blinken will hold a meeting with Chinese Foreign Minister Wang Yi on the sidelines of a G-20 ministerial on Thursday, but Russia state media has reported that he will not meet with another attendee, Russia Foreign Sergei Lavrov.
  • Treasury Secretary Janet Yellen held a call with Chinese Vice Premier Liu He yesterday as the Biden administration prepares for a decision on tariffs.
  • Senate Majority Leader Chuck Schumer (D-NY) may have to make some tough decisions on legislation as time begins to run out before the summer recess. "Big tech", "CHIPS", and "Build Back Better" could all be fighting for floor time.
  • Mexican President Andres Manuel Lopez Obrador will discuss the United States-Mexico-Canada Trade Agreement (USMCA) with US President Joe Biden and Canadian Prime Minister Justin Trudeau at a trilateral summit in December.
  • Poll of the Day: Washington insiders don't blame Biden for inflation but they do believe he has a communication problem.

What or who to blame for inflation?The Canvass



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