MNI: US NOV FINAL MANUF PMI 49.7 (FLASH 48.8); OCT 48.5

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

EZ/UK T-Bill Calendar: Spain, Belgium, ESM Auction on Tuesday

EZ/UK Bond Supply Calendar: UK, Germany Auction on Tuesday

MNI: US OCT CONSTRUCT SPENDING +0.4%

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI POLITICAL RISK - Trump Targets BRICS w/New Tariff Threat

Daily round-up of news from the US.
StoryPolitical Risk

Executive summary:

  • US President-elect Donald Trump tapped first-term aide, Kash Patel, to serve as Director of the FBI, teeing up a challenging confirmation process that will test Republican Senators.
  • House Republican leadership appears set on a mid-March end date for a Continuing Resolution to punt government funding beyond the FY24 deadline of December 20. 
  • Trump threatened to impose 100% tariffs on BRICS countries that challenge the dollar’s status as the global reserve currency. 
  • Canadian Prime Minister Justin Trudeau promised Trump that Canada would tighten border controls.
  • President Biden announced one of the most sweeping presidential pardons ever granted, for his son Hunter Biden.
  • Biden arrived in Angola today for a trip designed to boost the Lobito Corridor project and counter China’s influence in sub-Saharan Africa. The trip fulfils a promise to visit the continent during his first term.
  • The US has launched its third crackdown on China’s semiconductor industry in three years, curbing exports to 140 companies.
  • Senator Lindsay Graham (R-SC) said Trump wants to see a ceasefire and hostage deal in Gaza before he assumes office.
  • White House National Security Advisor Jake Sullivan said the US is monitoring events in Syria, noting that a rebel offensive in Aleppo, "is led by a group that the United States has designated as a terrorist entity."
  • Chart of the Day: The US is now producing 50% more oil than Saudi Arabia per day.

Please find the full article attached below: US Daily Brief

234 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Executive summary:

  • US President-elect Donald Trump tapped first-term aide, Kash Patel, to serve as Director of the FBI, teeing up a challenging confirmation process that will test Republican Senators.
  • House Republican leadership appears set on a mid-March end date for a Continuing Resolution to punt government funding beyond the FY24 deadline of December 20. 
  • Trump threatened to impose 100% tariffs on BRICS countries that challenge the dollar’s status as the global reserve currency. 
  • Canadian Prime Minister Justin Trudeau promised Trump that Canada would tighten border controls.
  • President Biden announced one of the most sweeping presidential pardons ever granted, for his son Hunter Biden.
  • Biden arrived in Angola today for a trip designed to boost the Lobito Corridor project and counter China’s influence in sub-Saharan Africa. The trip fulfils a promise to visit the continent during his first term.
  • The US has launched its third crackdown on China’s semiconductor industry in three years, curbing exports to 140 companies.
  • Senator Lindsay Graham (R-SC) said Trump wants to see a ceasefire and hostage deal in Gaza before he assumes office.
  • White House National Security Advisor Jake Sullivan said the US is monitoring events in Syria, noting that a rebel offensive in Aleppo, "is led by a group that the United States has designated as a terrorist entity."
  • Chart of the Day: The US is now producing 50% more oil than Saudi Arabia per day.

Please find the full article attached below: US Daily Brief