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Shipping containers in a Hamburg, Germany port. Photo: Morris MacMatzen/Getty Images

"[W]ith only days left before the exemptions expire and punitive tariffs take effect, it’s dawning on foreign leaders that decades of warm relations with the United States carry little weight with a president dismissive of diplomatic norms," the N.Y. Times reports.

Why it matters, from Axios future editor Steve LeVine: Our eye is on the Chinese-U.S. trade talks. But the EU is our biggest trading partner, and we appear to be headed toward a precipice with them no one stopping it.

"Business leaders who have visited Washington recently said that the president had been unmoved by protests from members of his own party," writes the Times.

The big question: What does a diabolically clever EU retaliation look like, like China going directly to the U.S. farm patch?

Deadline at midnight tonight ... Axios' Jonathan Swan, in last evening's weekly Sneak Peek newsletter, went inside Trump's negotiating style:

  • The trick: "Threaten the outrageous, ratchet up the tension, amplify it with tweets and taunts, and then compromise on fairly conventional middle ground."

Go deeper

6 mins ago - World

Scoop: Netanyahu asked Biden to keep Trump's sanctions on International Criminal Court

ICC chief prosecutor Fatou Bensouda. Photo: Bas Czerwinski/ANP/AFP via Getty

Netanyahu asked Biden in their first phone call last week to keep sanctions imposed by the Trump administration on the International Criminal Court (ICC) in place, Israeli officials tell me.

Why it matters: Israeli officials are concerned that removing the sanctions would hamper Israel's efforts to stop a potential war crimes investigation into Israel, and that the court's prosecutor could see it as a signal that the U.S. isn't firmly opposed to that investigation.

Updated 55 mins ago - Health

FDA analysis finds Johnson & Johnson COVID vaccine is safe and effective

Photo: Pavlo Gonchar/SOPA Images/LightRocket via Getty Images

The Food and Drug Administration's staff released a briefing document on Wednesday endorsing Johnson & Johnson's one-shot coronavirus vaccine as safe and effective.

The latest: Assuming the FDA issues an emergency use authorization "without delay," meaning as soon as this weekend, White House coronavirus coordinator Jeff Zients said J&J will have 3 million to 4 million ready for distribution next week.

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

LinkedIn co-founder's SPAC bets on flying taxis

Illustration: Aïda Amer/Axios

Reid Hoffman knows he isn't the first person who comes to mind when you hear "flying taxis."

Yes, but: The LinkedIn co-founder and venture capitalist insists that his latest deal is more than SPAC silliness, and that its success will be heavily reliant on the sorts of network effects that are in his historical wheelhouse.