Trade Update – July 2, 2024

Featured Headlines

Azores Delegation Visits CalChamber for Portuguese Heritage Month CalChamber Alert, June 28, 2024

CalChamber Companies in the News

• Turkish Airlines orders four more Boeing 777 freighters
  American Journal of Transportation, July 2, 2024
• Walmart pilots crop monitoring tech for informed produce purchasing
  Agriculture Dive, June 20, 2024

Trade Policy

White House

President Biden Announces Presidential Delegation to the Republic of Panama to Attend the Inauguration of His Excellency José Raúl Mulino
The White House, June 25, 2024

Memorandum on the Establishment of the Economic Diplomacy Action Group and Delegation of Certain Functions and Authorities Under the Championing American Business Through Diplomacy Act of 2019
The White House, June 21, 2024

Readout of National Security Advisor Jake Sullivan’s Meeting with NATO Secretary General Jens Stoltenberg
The White House, June 20, 2024

U.S. Department of Commerce

U.S. Commerce Department is investigating Chinese telecom giants over data misuse concerns
Gizmochina, June 26, 2024

U.S. Departments of Commerce, Labor, and Education Expand SelectTalentUSA Partnership to New International Markets, Increasing Quality Jobs and Apprenticeships through FDI
U.S. Department of Commerce, June 24, 2024

U.S. Trade Representative

2024 BIENNIAL REPORT ON THE IMPLEMENTATION OF THE AFRICAN GROWTH AND OPPORTUNITY ACT United States Trade Representative, June 2024 Ambassador Katherine Tai to Host the African Growth and Opportunity Act (AGOA) Annual Forum in Washington, D.C. United States Trade Representative, July 1, 2024

USTR Presents Oral Argument Before USMCA Biotech Corn Dispute Panel
United States Trade Representative, July 1, 2024

USTR Releases Second Biennial Report on the Operation of the USMCA with Respect to Trade in Automotive Goods
United States Trade Representative, July 1, 2024

Readout of United States Trade Representative Katherine Tai’s Meeting with Japan’s Minister of Economy, Trade, and Industry Ken Saitō
United States Trade Representative, June 27, 2024

Readout of United States Trade Representative Katherine Tai’s Meeting with Bahrain’s Minister of Industry and Commerce Abdulla bin Adel Fakhro
United States Trade Representative, June 26, 2024

Request for Comments on Americas Partnership for Economic Prosperity-Trade Track
Federal Register, June 20, 2024

Treasury 

Statement from Assistant Secretary for International Trade and Development Alexia Latortue on the African Development Bank Annual Meetings
U.S. Department of the Treasury, June 24, 2024

Treasury Releases Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States
U.S. Department of the Treasury, June 20, 2024

Federal

The Supreme Court upholds a tax on foreign income over a challenge backed by business interests
Associated Press, June 20, 2024

U.S. Department of Agriculture

USDA launches International Year of the Woman Farmer 2026
The Fence Post, July 1, 2024

Export-Import Bank 

U.S. Trade and Development Agency

FACT SHEET: U.S.-India Aviation Summit Announcements
USTDA, June 26, 2024

World Trade Organization

Aid for Trade vital to help seize energy transition opportunities, WTO report reveals
WTO, June 28, 2024

High-level session examines challenges for least developed countries in global trade
WTO, June 26, 2024

Facilitator briefs members on start of formal dispute settlement reform work
WTO, June 20, 2024

Trade Agreements/ Cooperation

8th Saudi-US Trade And Investment Council Meeting Held In Washington
Eurasia Review, June 24, 2024

Scholz, Milei demand swift deal on EU-Mercosur free-trade pact
Buenos Aires Times, June 23, 2024

China agrees to electric car tariff talks as EU fights to avoid trade war
The Telegraph, June 23, 2024

Paper Shopping Bags from Cambodia, China, Colombia, India, Malaysia, Portugal, Taiwan, And Vietnam, Injure U.S. Industry, Says USITC
United States International Trade Commission, June 21, 2024

Xi, Putin Score Wins as More Asia Leaders Aim to Join BRICS
June 21, 2024

US looks to expand meat exports in Central Asia as trade with China slumps
Agriculture Dive, June 21, 2024

South Korea, Germany share aim of diversifying from China, German minister says
Reuters, June 20, 2024

California

Governor Newsom signs PAGA reform Governor of California, July 1, 2024 Agreement Reached to Reform Private Attorneys General Act to Create a Better, Fairer System for Workers and Employers California Chamber of Commerce, June 19, 2024

Supporting California’s Rural Communities: $2.3 Million in Grants to Further Expand Immigrant Integration in Rural Regions
GO-Biz, June 28, 2024

The San Diego Zoo’s two new pandas have arrived from China
USA Today, June 28, 2024

‘A decade of climate emergency’: California looks to lead regulation of shipping carbon emissions
TradeWinds, June 25, 2024

California lawmakers are trying to regulate AI before it’s too late. Here’s how
LA Times, June 19, 2024

More International Articles

Voting begins across mainland France in first round of early legislative election
Associated Press, June 30, 2024

U.S. Industries Fearing a Port Strike Urge Biden to Revive Labor Talks
Supply Chain Brain, June 28, 2024

Mexico, US Reach Deal to Resume Avocado Shipments, Governor Says
Bloomberg, June 24, 2024

Europe Has a New Economic Engine: American Tourists
Wall Street Journal, June 20, 2024

Canada Prepares Potential Tariffs on Chinese EVs After US and EU Moves
Bloomberg, June 20, 2024

Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Reuters, June 19, 2024

France and Italy Get EU Deficit Scolding as Markets Watch
Bloomberg, June 19, 2024

Panama Canal Considers New Reservoir to Help Maintain Water Levels
GCaptain, June 18, 2024

US industries fearing a port strike urge Biden to revive talks
American Journal of Transportation, June 26, 2024