France, Iran, and the UK Hold Snap Elections, EU Pushback on Chinese EVs, and More
Jun 27, 2024
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France, UK, and Iran undergo snap elections with potential far-right gains and regime unity or change, EU considers tariffs on Chinese EVs, Ukraine targets Russian oil refineries in conflict
France faces political uncertainty with far-right National Rally gaining support in elections.
EU plans to impose tariffs on Chinese electric vehicles to address unfair subsidies and market share concerns.
Deep dives
Elections in France: Macron's Risky Move and Potential Outcomes
President Macron faces a high-stakes gamble in the upcoming French elections for a new National Assembly. With Marine Le Pen's party garnering support, Macron's centrist coalition is at risk. Analysts warn of potential gridlock or a coalition with the far-right, endangering key policies like support for Ukraine and climate legislation. Uncertainty looms over France's political future and its hosting of the summer Olympics amidst deep division.
UK Snap Elections: Labour's Strong Polling and Economic Challenges
In the UK, Labour shows a significant lead over the Conservatives, with promises of progressive realism under Kirst Armor's leadership. Economic malaise, high inflation, stress on the NHS, and housing issues plague the country. Labour focuses on improving ties with the EU, supporting Ukraine, and shoring up investment to tackle these challenges.
EU's Tariffs on Chinese EVs: Trade Tensions and Industry Implications
The EU plans to impose tariffs on Chinese electric vehicles, building on anti-subsidy investigations. Concerns over unfair Chinese subsidies impacting European auto market share and sales drive the decision. The move aims to level the playing field amidst rising Chinese imports and potential retaliation, signaling a shift towards protective industrial policies in global trade.
Iran's Controlled Elections and Reformist Candidates: Regime Loyalty and Policy Impacts
Iran's presidential elections showcase a controlled race with hardline and reformist candidates. The Supreme Leader's influence looms large, favoring hardliners like Saeed Jalili and General Mohammed Ghalibaf. The reformist candidate Dr. Masoud Pezeshkin challenges the regime's enforcement and nuclear deal stance to boost turnout amid concerns of limited choice and potential impact on Iranian policy making.
France’s governance is at stake as it holds snap elections for its National Assembly, with the far-right National Rally looking to build on its success in the European Parliament elections; the United Kingdom (UK) has its own snap general elections with Keir Starmer and his Labour Party looking to end the fourteen-year rule of the Conservatives; Iran’s snap presidential elections could signal unity of regime hard-liners or glimmers of change; the European Union (EU) plans to impose provisional tariffs on Chinese electric vehicles; and Ukraine strikes more than thirty Russian oil refineries.