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President Trump’s latest tariff plan is under fire from a conservative think tank, which says the math behind it is both flawed and misleading.

• Donald Trump focused on separating himself from his party's extreme policies and addressing key voter concerns like the economy and abortion.

• Adam N. Michel at Cato Institute argues that tax policy's prominence in the presidential campaign is due to the impending expiration of the 2017 Tax Cuts and Jobs Act and the candidates' proposals for new special-interest tax breaks that complicate and increase the tax code's complexity.
• The report asserts that while there is bipartisan support for extending most of the expiring tax cuts, proposed targeted benefits for tips, families, homeowners, domestic production, and seniors will further complicate the tax system and pose significant fiscal challenges.

• Urban Institute experts write that the Biden administration's rent stabilization proposal aims to cap annual rent increases at 5% for units owned by large landlords, conditioned on maintaining existing tax breaks, aiming to stabilize housing and protect tenants from eviction or displacement.
• The experts argue that while the proposal could make more units affordable for low-income residents, it may also reduce the overall supply of rental units as landlords might convert properties or avoid entering the market, potentially driving up rents for uncontrolled units.

• Pew Research Center report shows that the presidential race between Harris and Trump is currently deadlocked, with each candidate receiving 49% support among registered voters. Voters regard Trump as stronger on the economy while Harris is preferred on abortion and personal traits like honesty.
• The survey asserts that voters are divided on Trump’s actions related to the 2020 election and his age. Additionally, Harris would make history if elected, being the first woman, Asian American, and Black woman president, while Trump would become the oldest person to assume office at 78.

• Bryan Burack at Heritage Foundation writes that the Trump administration's significant foreign policy legacy was its strategic response to China's economic warfare against the U.S., emphasizing the importance of maintaining these measures for deterrence.
• The article asserts that the Biden administration has adopted a less assertive approach, reviving engagement policies with China due to concerns that aggressive economic protections might provoke conflict, which has led to counterproductive security tradeoffs.