MNI POLITICAL RISK- Trump & Putin Prepare For High-Stakes Call

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Executive summary:

• This morning, US President Donald Trump and Russian President Vladimir Putin are scheduled to hold their first call since Ukraine accepted the terms of a US-brokered 30-day ceasefire agreement. 
• Trump told reporters during a tour of the John F. Kennedy Center for the Performing Arts yesterday that Chinese President Xi Jinping would visit Washington in the “not too distant future.”
• UK Business and Trade Secretary Jonathan Reynolds will meet with Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer in Washington today, aiming to strike a deal to avoid Trump’s trade measures.
• Governor Michelle Bowman confirmed in a statement that President Trump has nominated her to serve as the Fed’s Vice Chair of Supervision. 
• Senate Budget Committee Republicans will meet the Senate Parliamentarian in the coming weeks for a preliminary assessment on using a "current policy baseline" to score making permanent Trump's 2017 tax cuts (TCJA) at $0. 
• Israeli airstrikes in Gaza have killed more than 400 people, puncturing an uneasy two-month ceasefire. The foreign minister of Yemen's Houthi rebels claimed the group "will not "dial down" their military action in the Red Sea in response to US pressure. 
• Chart of the Day: The Organization for Economic Cooperation and Development (OECD) has produced a model suggesting that Trump’s trade agenda will increase inflation and slow growth. 

Please find the full article attached below: US DAILY BRIEF