Mar 2, 2019

Trump asks China to “immediately remove” tariffs on U.S. agricultural products

Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump asked Friday for China to “immediately remove” tariffs on U.S. agricultural products, which China issued as a retaliation for tariffs Trump placed on Chinese goods, tweeting "we are moving along nicely with Trade discussions."

Between the lines: The Trump administration announced this week that they will not move forward with increasing tariffs on $200 billion of Chinese goods, a measure that would have gone into effect Friday. Trump indicated he hoped China would ease off agricultural tariffs in reciprocation.

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The new oil-cutting pact will help the market but hardly rescue it

The new OPEC-Russia agreement to steeply cut production should help the oil market avoid a complete meltdown, but it's nowhere near enough to undo the damage from the COVID-19 pandemic, analysts say.

Why it matters: It's the first major coordinated response to the pandemic that's creating an unprecedented collapse in global oil demand and has pushed prices to very low levels.

Premier League players launch fund to help U.K. medical workers

Illustration: Aïda Amer/Axios

Premier League players have launched an initiative called #PlayersTogether, which will funnel part of their salaries to the National Health Service to support the U.K.'s front-line workers during the coronavirus crisis.

Why it matters: This decision came at the conclusion of a protracted argument between players, clubs and even government officials over who should bear the brunt of lost revenue in the midst of the pandemic.

GOP worries Trump has only weeks to sharpen coronavirus response

Photo: Alex Wong/Getty Images

Republicans are increasingly concerned not only about President Trump’s daily briefings but also his broader plan to ease the nation out of the virus crisis and back to work. This concern is acute — and spreading. 

Why it matters: Trump can easily address the briefing worries by doing fewer, but the lackluster bounce-back planning is what worries Republicans most.