Trump blames Biden for a potential TikTok ban and calls it 'election in interference.'

In 2020, Trump signed an executive order to ban TikTok from app stores, warning: 'The United States must take aggressive action against the owners of TikTok to protect our national security.'

Plus Keith Bradsher on how China engineers its export dominance nytimes.com/2024/04/19/bus…

The latest from the industrial policy front lines:

US solar investments backed by the Biden climate law are being scaled back as cheap panels and components from China drove prices down more than 50%.

The industry is lobbying hard for more tariffs >

nytimes.com/2024/04/19/bus…

Thanks for a great decade ⁦The New York Times⁩ ⁦carolynryan 🏳️‍🌈🏓⁩ ⁦Carl Hulse⁩ ⁦Deborah B. Solomon⁩

.President Biden and Philadelphia Mayor Cherelle Parker order food from a Wawa in Philadelphia.

A new wave of low-cost Chinese exports is a “clear and present danger” to Biden’s industrial strategy — and raising alarms on both sides of the Atlantic. Alan Rappeport & me:

nytimes.com/2024/04/18/us/…

Yellen, after meeting with Ukrainian Prime Minister Denys Shmyhal, hits House Republicans over 'inexcusable' aid delays that she says have emboldened US adversaries and strengthened Putin.

Protests outside Biden visit to US Steel building in Pittsburgh

Pres Biden just said, 'U.S. Steel has been an iconic American company for more than a century, & it should remain a totally American company. American owned American operated by American Union steelworkers, the best in the world. And that's going to happen, I promise you that.'

Tonight Donald Trump, former US President, will meet for dinner with current Polish President Duda in New York, a campaign official and a Polish official confirm to CBS News.
h/t Olivia Rinaldi

Xi Jinping says China’s exports are helping to ease global inflation
Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
The economist in Xi....
ft.com/content/7cc896… via @ft

Treasury readout of the talks: “The U.S. delegation continued to express concerns about China’s non-market practices and industrial overcapacity. Both sides agreed to further discuss these issues

The US-China economic and financial working groups are meeting at Treasury.

Chinese excess industrial capacity is on the agenda.

And tariffs could be on the table.

Yellen on Ukraine aid: 'I do fear that Russia is beginning to see signs that the US and our allies are tiring and finding it more difficult to find ways to support Ukraine and that gives them the hope that they can outlast us and wait for our resolve to crumble.'

Yellen says 'there may be more that we can do' to curtail Iran's ability to export oil.

Yellen on Iran: 'I fully expect that we will take additional sanctions actions against Iran in the coming days.'

Declines to preview what tools Treasury will use.

Yellen still eyeing Russian assets to aid Ukraine: 'We are continuing to work with our international partners to unlock the economic value of immobilized Russian sovereign assets and ensure that Russia pays for the damage it has caused.'

Yellen on Iran at IMF/World Babk spring meetings presser: 'Treasury will not hesitate to work with our allies to use our sanctions authority to continue disrupting the Iranian regime’s malign and destabilizing activity.'

New: I.M.F. Sees Steady Growth but Warns of Rising Protectionism

The International Monetary Fund offered an upbeat economic outlook but said that new trade barriers and escalating wars could worsen inflation. nytimes.com/2024/04/16/bus…

Treasury Undersecretary Shambaugh on US-China relations as a Chinese govt group meets this week in DC: Talking 'to each other is important. If the economic channel can provide a little bit of that connection, that’s useful' for national security too. thewirechina.com/2024/04/14/jay…