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GLOBAL RISK

Dozens of U.S. Missiles Hit Air Base in Syria President Trump said Thursday night that the United States had carried out a missile strike in Syria in response to the Syrian government’s chemical weapons attack this week, which killed more than 80 civilians. -NYT

Transcript and Video: Trump Speaks About Strikes in Syria -NYT

Trump says chemical attack in Syria crossed many lines -Reuters

U.S. RISK

At Mar-a-Lago, Trump welcomes China’s Xi for ‘very frank discussion’ in first summit President Trump welcomed Chinese President Xi Jinping here Thursday at his luxurious Mar-a-Lago estate, kicking off a two-day summit that U.S. Secretary of State Rex Tillerson said would include “very frank discussions” over North Korea and trade. -The Washington Post

LETTERS TO THE PRESIDENT RE: CHINA >> U.S. Senate + U.S. Congress

PODCAST OF THE WEEK >> Trump Meets Xi - John Pomfret on the Beautiful Country and the Middle Kingdom -Harvard University (audio)

Trump drops Steve Bannon from National Security Council -Reuters

BILLS ON HILL >> Wyden, Paul, Polis and Farenthold Bill Requires Warrants to Search Americans’ Digital Devices at the Border Bill Ends Policy That Allows Unlimited Searches of the Phones, Laptops and Other Devices When Americans Cross the Border -Sen. Wyden

ANGRY AMERICANS >> Chris Christie: Donald Trump won because anger was the more powerful emotion than fear -Palm Beach Post

“And Donald Trump essentially, for the most part, ignored her, and said, ‘I know how angry you are. I’m just as angry as you are. Send me there because I know how to deal with the anger.’

U.S. Commerce chief says EXIM Bank part of Trump 'trade toolbox' -Reuters

AMERICAS

The Truth About NAFTA Bilateral trade between the US and Mexico amounts to over $500 billion per year. The US is by far Mexico’s largest trading partner in merchandise – about 80% of its goods exports go to the US – while Mexico is America’s third-largest trading partner (after Canada and China). -Project Syndicate

Don’t Fear Trump’s Trade and Tax Moves, Envoys Tell Trudeau Team -Bloomberg

Mexico urges respect from U.S. for 2018 presidential election U.S. officials should be respectful of the Mexican 2018 presidential election, Mexico's foreign minister said on Thursday, after a top U.S. security official suggested a win by a leftist candidate would be bad for both nations. -Reuters

Protesters clash with government forces in Venezuela tens of thousands of Venezuelans flooded a main highway in the capital on Thursday in the latest protest over what opponents consider an attempt by the government to seize power from the legislature and further sideline the opposition. -The Washington Post

Nicolas Maduro Hasn’t Gotten the Message -Bloomberg View

U.S.-AMERICAS || GLOBAL MARKETS IMPACT +

OPPORTUNITY

GLOBAL BUSINESS

Trump adviser from Wall Street backs U.S. bank breakup law White House economic adviser Gary Cohn said he backed bringing back the Glass-Steagall Act, a Depression-era law that would revamp Wall Street banks by splitting their consumer-lending businesses from their investment arms. -Reuters

The government is demanding to know who this Trump critic is. Twitter is suing to keep it a secret. Twitter filed a lawsuit Thursday against the U.S. Department of Homeland Security, asking the court to prevent the department from taking steps to unmask the user behind an account critical of the Trump administration. -The Washington Post

U.S., Japan in talks to prevent China acquiring Westinghouse: U.S. official -Reuters

China’s Great Wall Motor eyes plant in Mexico states hit by Trump: sources Chinese auto maker Great Wall Motor Co. Ltd. is considering building an auto plant in two Mexican states hit by U.S. President Donald Trump’s drive to make American companies invest at home, sources said. -The Globe and Mail

GLOBAL MACRO

ADRIFT >> Homeless Gasoline Tankers Are Drifting Around the Caribbean Three tankers holding about 1.35 million barrels of gasoline and alkylate, an octane-boosting component blended with motor fuels, are drifting with no instructions for delivery. The cargoes came from India with intent to land in the U.S., but now they’re in limbo as traders from Trafigura Group Ltd. and Mercuria Energy Group Ltd. shop around for the bestselling value in the region. -Bloomberg

Trump’s Failure to Fill Key Government Posts Is Stalling Key Pipeline Projects Without a quorum, the Federal Energy Regulatory Commission can’t approve energy-infrastructure projects expected to create thousands of high-paying blue-collar jobs. -The National Review

Coal Is on the Way Out at Electric Utilities, No Matter What Trump Says -NYT