Photo: Tasos Katopodis/Getty Images

President Trump's advisers are sounding alarms about his re-election prospects to a degree not heard since the president entered the White House three and a half years ago.

The state of play: Over the past week, widespread panic and pessimism have set in.

  1. Early optimism about a booming economic comeback has dampened because of new coronavirus outbreaks across the country.
  2. Early hopes that Trump’s return to rallies would bring back momentum has dampened because of the Tulsa rally debacle — and because advisers have recognized that Trump's elderly base is more fearful of the virus than previously realized.
  3. Trump, relentlessly, keeps committing egregious self-defeating acts — the latest being tweeting a video in which an elderly supporter chants "white power."

Go deeper

There's little consensus on TikTok's specific national security threat

Illustration: Aïda Amer/Axios

TikTok has become a Rorschach test for how U.S. politicians view China, with little consensus on the specifics of its threat to homeland security.

The big picture: Much of what D.C. fears about TikTok is fear itself, and that's reflected in President Trump's executive order to ban the app by Sept. 20 if it's not sold by parent company ByteDance — alongside another focused on Chinese messaging app WeChat and its parent company Tencent.

U.S. sanctions Hong Kong leader Carrie Lam

Photo: Anthony Kwan/Getty Images)

The Treasury Department on Friday placed sanctions on Hong Kong leader Carrie Lam, following months of tension as she has allowed continued overreach by Beijing to subvert Hong Kong's autonomy.

Why it matters: It's the toughest sanction yet imposed on China for its destruction of Hong Kong’s relatively free political system.

GM's high-stakes electric move

The Cadillac Lyriq. Image courtesy of Cadillac

Cadillac on Thursday unveiled the Lyriq, the luxury brand's first all-electric model and GM's first consumer electric vehicle unveil since the Chevy Bolt several years ago.

Why it matters: It's the first reveal by GM of an electric vehicle that will use the company's new modular platform and Ultium battery system — technologies meant to underpin the 20 electric vehicles that GM plans to launch by 2023.