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MNI POLITICAL RISK - US And Russian Officials Meet In Riyadh

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

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Executive summary:

  • The Senate could begin voting this evening on a budget resolution to underpin a $300 billion border and defence reconciliation bill. Should Senate Majority Leader John Thune (R-SD) choose to open voting on the resolution, it would further escalate a showdown between the House and Senate over the optimum strategy for legislating Trump’s agenda.
  • President Donald Trump reiterated his commitment to ‘reciprocal tariffs’, confirming that his administration will treat value-added tax (VAT) the same as tariffs.
  • The Senate will vote today to confirm Howard Lutnick as Trump’s Secretary of Commerce amid reports that Commerce may have been sidelined from discussions on Trump’s trade policy.
  • Talks have concluded in the Saudi capital Riyadh between delegations from the US and Russia in what could prove the first step towards peace talks to end the war in Ukraine. 
  • Kremlin foreign policy aide Yury Ushakov said a Trump-Putin meeting is unlikely to take place next week. 
  • Poll of the Day: The top House Democrat super PAC is circulating a memo laying the groundwork for Democrats to hammer Republicans on potential cuts to Medicaid. 

Please find the full article attached below: US Daily Brie

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Executive summary:

  • The Senate could begin voting this evening on a budget resolution to underpin a $300 billion border and defence reconciliation bill. Should Senate Majority Leader John Thune (R-SD) choose to open voting on the resolution, it would further escalate a showdown between the House and Senate over the optimum strategy for legislating Trump’s agenda.
  • President Donald Trump reiterated his commitment to ‘reciprocal tariffs’, confirming that his administration will treat value-added tax (VAT) the same as tariffs.
  • The Senate will vote today to confirm Howard Lutnick as Trump’s Secretary of Commerce amid reports that Commerce may have been sidelined from discussions on Trump’s trade policy.
  • Talks have concluded in the Saudi capital Riyadh between delegations from the US and Russia in what could prove the first step towards peace talks to end the war in Ukraine. 
  • Kremlin foreign policy aide Yury Ushakov said a Trump-Putin meeting is unlikely to take place next week. 
  • Poll of the Day: The top House Democrat super PAC is circulating a memo laying the groundwork for Democrats to hammer Republicans on potential cuts to Medicaid. 

Please find the full article attached below: US Daily Brie