Policy Risk Monitor – May 6, 2025
A weekly news scan of key policy areas to help firms identify and monitor policy risks.
Emerging Policy Issues
Trade
Trade Politics
Trump Says Tariffs Politically Risky, But He’s Not Rushing Deals, Bloomberg, April 30, 2025
White House dismisses Chamber push for small businesses tariff relief, Reuters, May 1, 2025
CEOs to Trump: It's time to make a trade war deal, Quartz, May 4, 2025
Trump Suggests Some Trade Deals May Come as Soon as This Week, Bloomberg, May 4, 2025
Small businesses push for tariff relief, Semafor, May 2, 2025
Senate Effort to Repeal Trump’s ‘Liberation Day’ Tariffs Fails, WSJ, April 30, 2025
Carney, Trump Prepare to Talk Trade and Security at White House, Bloomberg, May 2, 2025
China
Xi Is Trying to Turn World Against US as Trump Cuts Deals, Bloomberg, April 29, 2025
China Hints at Possible Thaw With US in Weighing Trade Talks, Bloomberg, May 1, 2025
China Shipping Loophole Closed by Trump, Raising Prices for US Consumers, Bloomberg, May 1, 2025
China signals opening for trade talks with US, FT, May 1, 2025
US Ends Trade Exemption That Enabled Flood of Cheap Chinese Goods, The Epoch Times, May 1, 2025
Addressing Certain Tariffs on Imported Articles, Executive Order, The White House, April 29, 2025
EU
Bessent Cites Digital Services Tax as Sticking Point in EU Talks, Bloomberg, April 29, 2025
EU Set to Concede Dependence on US Tech as Trump Tensions Flare, Bloomberg, April 30, 2025
EU to Present Trade Proposals to US Negotiators Next Week, Bloomberg, April 30, 2025
Europe ready to make Trump a €50bn trade offer, says EU negotiator, FT, May 1, 2025
Autos
Trump signs orders to scale back auto tariffs, The Hill, April 29, 2025
Amendments to Adjusting Imports of Automobiles and Automobile Parts into the United States, The White House, April 29, 2025
Tax
Trump Floats Improbable Income-Tax Cut Tied to Tariffs, WSJ, April 28, 2025
GOP Weighs More Taxes on Companies for Top Executives’ Pay, WSJ, April 30, 2025
How two powerful, polar-opposite Republicans are paving the way for Trump’s big, beautiful sprint, Semafor, May 2, 2025
GOP defense hawks in Congress slam Trump budget as inadequate, The Hill, May 2, 2025
White House unveils budget request with deep cuts: 5 things to know, The Hill, May 2, 2025
Trump Officials Explore Ways of Challenging Tax-Exempt Status of Nonprofits, WSJ, May 3, 2025
Senate prepares to change the House’s ‘big, beautiful’ Trump bill, Semafor, May 5, 2025
Energy and Climate
Vestas warns wind industry is falling behind global climate goals, FT, April 26, 2025
Advocates mobilize against Republican plans to tax EVs, EE News, April 29, 2025
The US can’t win the AI race without renewables, Semafor, April 29, 2025
Kyiv ready to sign resources deal with US, Ukraine government source says, Reuters, April 30, 2025
House votes to overturn California clean truck rules – defying internal watchdog, The Hill, April 30, 2025
US House votes to rescind approval for California heavy-duty truck rules, Reuters, May 1, 2025
Geopolitics