May 4, 2018

Rubio to "target China’s tools" of aggression

Sen. Marco Rubio. Photo: Chip Somodevilla/Getty Images

Senator Marco Rubio will introduce the Fair Trade With China Enforcement Act "to guard the American people against China’s nefarious influence on national and economic security, directly targeting China’s tools of economic aggression."

Why it matters: Bipartisan forces are aligning across D.C. to take a much tougher approach to China. Beijing may find a way to blunt some of the Trump administration trade threats but Congress is even more hawkish towards the PRC.

The details: According to an OpEd by Rubio in the Washington Post, the legislation would:

  • Ban the sale of all sensitive technology or intellectual property to Chinese entities and impose a shareholding cap on Chinese investors in American corporations.
  • Amend the 1984 income tax treaty with China to impose a withholding tax on Chinese entities earning investment and dividend income in the United States.
  • Impose duties on Chinese capital goods in the sectors targeted by the “Made in China 2025” plan.
  • Raise taxes on the foreign income of multinational corporations if they enter into vulnerable “joint ventures” with Chinese firms.

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Mark Meadows considers new White House press secretary

Photos: Alyssa Farah, Defense Department; Stephanie Grisham, Alex Wong/Getty Images; Kayleigh McEnany, Scott W. Grau/Icon Sportswire via Getty Images

White House Chief of Staff Mark Meadows has privately discussed bringing on Pentagon spokesperson Alyssa Farah or Trump campaign spokesperson Kayleigh McEnany as a new White House press secretary, two sources familiar with the talks tell Axios.

Why it matters: Meadows' start on Tuesday as Trump's new chief presents a chance to overhaul a press shop that's kept a low profile since President Trump ended the tradition of daily press secretary briefings.

CNN: Fauci advises all states issue stay-at-home orders

Dr. Anthony Fauci listens to President Trump speak during a briefing on April 1. Photo: Win McNamee/Getty Images

Director of the National Institute of Allergy and Infectious Diseases Anthony Fauci recommended on Thursday that all states across the U.S. implement stay-at-home orders, at a CNN town hall.

Why it matters: The recommendation stands in contrast to President Trump's calls for "flexibility." Nearly 4o states have issued stay-at-home orders to promote social distancing as a way to combat the novel coronavirus — but the orders vary in strictness and duration.

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