U.S.-China Supply Chains, Unemployment, Spanish Fish: Eco Day

(Bloomberg) -- Welcome to Tuesday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:

• The Trump administration has talked about bringing supply chains home from China. But interviews with nearly a dozen government officials and analysts in the Asia-Pacific region show that any broader effort to restructure supply chains is little more than wishful thinking so far
• The surprise rebound on U.S. job markets is leading some Republicans to question the need for more pandemic stimulus, as Congress debates whether to renew the extra benefits it approved for unemployed Americans during the crisis
  • Does that report have you scratching your head? Here are some answers
• Deflation is back on the minds of European Central Bank officials, presaging battles for President Christine Lagarde over whether the euro zone needs yet more monetary stimulus
• Trade-reliant Germany suffers biggest ever plunge in exports
• In Spain and other parts of Europe, the coronavirus outbreak has accelerated what had been a hesitant embrace of e-commerce
• Bank of Israel adopts high-frequency data to keep up with crisis

©2020 Bloomberg L.P.