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MNI POLITICAL RISK - Trump's Carrot And Stick On Manufacturing

Daily round-up of news from the US.

Political RiskPolitical Market News

Executive Summary:

  • Former President Donald Trump will deliver an economic speech today that is expected to outline new incentives for foreign companies to move their operations to US soil. Trump will pair the incentives with threats of punitive tariffs on companies that maintain offshore operations.
  • House Speaker Mike Johnson (R-LA) confirmed yesterday that he will again lean on Democrats to pass government funding legislation through the House.
  • SEC Chair Gary Gensler will testify before the House Financial Services Committee today.
  • Senator Tim Scott (R-SC), the ranking Republican on the Senate Banking Committee, is expected to unveil new legislation today to reform capital markets.
  • A last-ditch attempt by Trump and his allies to change Nebraska’s split Electoral College system into a winner-takes-all system appears set to fail.
  • President Biden will deliver his final address to world leaders at the United Nations General Assembly today, amid rapidly escalating tensions in the Middle East.
  • Dozens of ports on the US Eastern seaboard could go on strike next week after negotiations with the union representing longshoremen stalled without an agreement.
  • Additional US troops will be deployed to the Middle East in light of increased tensions and, “out of an abundance of caution.”
  • Ukrainian President Volodymyr Zelenskyy will meet with lawmakers today in New York City as he continues his whistlestop tour of the US.
  • Poll of the Day: Republicans are leading Democrats on a range of metrics that have been “highly predictive” of presidential election outcomes.

Please find the full article attached below:

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Executive Summary:

  • Former President Donald Trump will deliver an economic speech today that is expected to outline new incentives for foreign companies to move their operations to US soil. Trump will pair the incentives with threats of punitive tariffs on companies that maintain offshore operations.
  • House Speaker Mike Johnson (R-LA) confirmed yesterday that he will again lean on Democrats to pass government funding legislation through the House.
  • SEC Chair Gary Gensler will testify before the House Financial Services Committee today.
  • Senator Tim Scott (R-SC), the ranking Republican on the Senate Banking Committee, is expected to unveil new legislation today to reform capital markets.
  • A last-ditch attempt by Trump and his allies to change Nebraska’s split Electoral College system into a winner-takes-all system appears set to fail.
  • President Biden will deliver his final address to world leaders at the United Nations General Assembly today, amid rapidly escalating tensions in the Middle East.
  • Dozens of ports on the US Eastern seaboard could go on strike next week after negotiations with the union representing longshoremen stalled without an agreement.
  • Additional US troops will be deployed to the Middle East in light of increased tensions and, “out of an abundance of caution.”
  • Ukrainian President Volodymyr Zelenskyy will meet with lawmakers today in New York City as he continues his whistlestop tour of the US.
  • Poll of the Day: Republicans are leading Democrats on a range of metrics that have been “highly predictive” of presidential election outcomes.

Please find the full article attached below:

Keep reading...Show less