Trade Update – January 9, 2024

CalChamber Council for International Trade

Featured Headlines

CalChamber Quarterly Economic Report
CalChamber, December 18, 2023
2024 California Legislative Calendar

2024 California State Legislative Pictorial Roster

2024 Congressional Calendar

California Congressional Delegation

Ten Elections to Watch in 2024
Council on Foreign Relations, December 21, 2023Global Summits to Watch in 2024
Council on Foreign Relations, December 21, 2023

CalChamber Companies in the News

Kaiser Foundation Executive to Chair Board in 2024
CalChamber Alert, December 15, 2023

Intel to Invest $25 Billion in Israel After Winning $3.2 Billion in Incentives
Bloomberg, December 26, 2023

Trade Policy

White House

US and global allies warn Houthis to stop attacks in the Red Sea… or else: The White House and American partners release statement warning of ‘consequences’ if terrorists keep targeting shipsUS and Allies Issue Warning to the Houthis: Stop the Attacks on Shipping or Else
Daily Mail, January 3, 2024

A Joint Statement from the Governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Republic of Korea, Singapore, and the United Kingdom
January 3, 2024

U.S. Department of Commerce

USDOC Announces $200 Billion Milestone in Foreign Direct Investment
January 4, 2024

Secretary of Commerce Gina Raimondo Highlights Key 2023 Department Accomplishments
December 29, 2024

U.S. Trade Representative

USTR and USDA Seek New Trade Advisory Committee Members
January 3, 2024

Trade Advisory Committees: Applying for Membership | USDA Foreign Agricultural Service

U.S. Department of State

Joint Statement on the Trilateral United States-Japan-Republic of Korea Indo-Pacific Dialogue – United States Department of State
January 6, 2024

Bureau of Economic Analysis

U.S. International Trade in Goods and Services, November 2023
January 6, 2024

Export-Import Bank of the U.S.

2024 SME Export Community Survey on the U. S. Export-Import Bank

The EXIM Bank is the official export credit agency of the United States.
The purpose of this survey is threefold:
1) to better understand how well the above objectives are being met,
2) to identify what additional assistance SME exporters need from the EXIM Bank, and
3) to gauge SME support for EXIM including the bank’s next round of reauthorization by congress.

The Board of Directors of the National Association of District Export Councils (NADEC) is conducting this survey in cooperation with EXIM Bank.

Open through Friday, March 1, 2024.


World Trade Organization

G20 trade policy direction becoming more restrictive amid continued slow trade growth
December 18, 2023

California

How California’s Vital Twin Ports Could Become Uncompetitive in Cutthroat Global Trade
Dan Walters in CalMatters, January 7, 2024

Sacramento Snapshot: What to Watch for in the Legislature This Year
CalChamber, January 4, 2024

Apply for GO-Biz’s Export Voucher Program

GO-Biz is excited to announce that the second round of applications for the Export Voucher program under the California STEP Grant is officially open.

We invite California small businesses to submit their applications for export promotion activities. Applications are now open and close February 4, 2024. Companies are invited to submit applications for export voucher-eligible activities that are set to take place between January 1, 2024, and March 31, 2024. GO-Biz is hosting an informative training session on January 16, 2024.

For more information, please visit the program site or contact international@gobiz.ca.gov.

More International Articles

Global economy will slow for a third straight year in 2024, World Bank predicts
The Associated Press, January 9, 2024

China Becomes the World’s Biggest Auto Exporter—with Help From Russia
The Wall Street Journal, January 9, 2024

Ivory Coast and Rwanda Among World’s Fastest-Growing Economies, Says IMF
Bloomberg, January 9, 2024

Maersk Suspends Red Sea Voyages for ‘Foreseeable Future’
GCaptain, January 5, 2024

You’ll soon need to get your fingerprints taken when entering Europe – TheStreet
The Street, December 18, 2023

 

The California Chamber of Commerce is the largest, broad-based business advocate to government in California, working at the state and federal levels to influence government actions affecting all California business. As a not-for-profit, we leverage our front-line knowledge of laws and regulations to provide affordable and easy-to-use compliance products and services.