MNI POLITICAL RISK ANALYSIS – US Daily Brief 07-06-22

Executive Summary:

• Mexican President Andres Manuel Lopez Obrador's decision to follow through on his boycott threat could be a significant blow to the credibility of the Summit of the Americas.
• California, Iowa, Mississippi, Montana, New Jersey, New Mexico, and South Dakota head to the ballot box today for the next batch of primary elections. The 16 House primaries in California may have significant implications for November's midterms.
• Commerce Secretary Gina Raimondo has followed Treasury Secretary Janet Yellen by admitting that the administration misjudged some elements of inflation.
• Yellen may give an indication of the direction the administration will take on China tariffs today.
• Side-line talks in Singapore this week could be a crucial opportunity to repair an increasingly strained Sino-US relationship.
• Turkish President Recep Erdogan continues his blockade on the NATO membership bids of Sweden and Finland and time continues to run out for an Iranian return to the JCPOA.
• Poll of the Day: Trust in the US government has changed very little since George W Bush's second term.

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MNI POLITICAL RISK ANALYSIS – US Daily Brief 07-06-22 .pdf