MNI POLITICAL RISK - US Chipmakers Warn Against China Measures

Executive Summary:

• Executives from US chipmakers have urged the Biden administration to resist additional semiconductors export controls on China, likely to focus on tightening the rules around chip processing speeds and artificial intelligence-ready tech.
• US Secretary of State Antony Blinken told reporters yesterday that, “it's really hard to replace what’s now being lost as a result of Russia," abandoning the Black Sea gain deal.
• The biannual Aspen Security Forum gets underway in Colorado today with a raft of Biden administration and foreign officials in attendance.
• Senator Joe Manchin (D-WV) told a “no Labels” event yesterday that a third-party presidential bid in 2024 would force the two major political parties to moderate “extreme” positions.
• Florida Governor Ron DeSantis (R-FL) will attempt to “reset” his flagging 2024 presidential campaign with a CNN interview today.
• US Defense Secretary Lloyd Austin will today host another virtual meeting of the Ukraine Defense Contact.
• President Biden has extended an invitation to Israeli Prime Minister Benjamin Netanyahu to visit the US after a months-long snub over Netanyahu's judicial reform and Palestine policy.
• Poll of the Day: Senator Sherrod Brown (D-OH) has the early edge in the crucial Ohio Senate race.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 18-07-23 .pdf