MNI POLITICAL RISK- Trump Edges Closer To New Russia Sanctions

Sep-08 12:31By: Adam Burrowes
Donald Trump+ 8

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Executive summary:

  • At 10:10 ET 15:10 BST, President Donald Trump will deliver remarks to the White House Religious Liberty Commission. 
  • Treasury Secretary Scott Bessent said Trump's economic policies need more time, following Friday's soft jobs report. Bessent downplayed the impact of Trump’s tariff agenda on US manufacturing jobs.
  • Bessent warned that the US would have to refund half of the tariffs it has collected if it loses a case challenging Trump’s emergency declaration at the Supreme Court.
  • BRICS countries will meet virtually today to dicuss the impact of Trump's tariffs.
  • The already-strained relationship between Washington and Seoul took another hit after hundreds of South Korean workers were swept up in an immigration raid in Georgia.
  • A new Pentagon strategy report is expected to put domestic considerations above countering adversaries.
  • The implied probability of a government shutdown on October 1 ticked up to roughly 50%.
  • Senate Majority Leader John Thune (R-SD) will today take the first step of a 'nuclear option' to advance executive branch nominees.  
  • The US and EU appear closer to coordinating new sanctions on Russia, but political obstacles may undermine the process.
  • Trump issued a ‘last warning’ to Hamas as Israel initiates a new military phase in Gaza City.
  • IAEA Director Rafael Grossi said there is "still time" for a nuclear deal with Iran.
  • Poll of the Day: The Trump Administration has declared more emergencies than any of its predecessors.

Please find the full article attached below: US DAILY BRIEF