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MNI POLITICAL RISK - Biden And Modi Announce "New Chapter"

Executive Summary:

  • President Biden and Indian Prime Minister Narendra Modi yesterday announced a “new chapter” in the US-India relations - deepening cooperation across the board, ending six WTO trade disputes, and outlining ambitious coordination in tech and defence.
  • President Biden told reporters yesterday he doesn’t believe that his unreserved remarks regarding Chinese President Xi Jinping will undermine the US relationship with China.
  • South Korea last year exported more to the US than China for the first time since 2004.
  • US Treasury officials are balancing the risk of transferring frozen Russian state assets to Ukraine.
  • White House National Security Advisor Jake Sullivan will travel to Denmark this weekend to meet counterparts from countries which remain neutral on Ukraine.
  • The Senate voted 95-2 yesterday to ratify a US-Chile tax treaty which could provide Washington greater access to Chile’s lithium reserves.
  • An internal DCCC poll has found that Democrats are underperforming in key battlegrounds.
  • House Republicans yesterday blocked an effort by Rep Lauren Boebert (R-CO) to force an impeachment vote on President Biden.
  • Poll of the Day: Hunter Biden charges are unlikely to influence President Biden in 2024.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 23-06-23 .pdf


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