Trade Update – February 27, 2024

CalChamber Council for International Trade

Featured Headlines

California Trade Down in 2023, But State Still a Top Exporter
CalChamber Alert, February 16, 2024

2023 Trade Statistics are available through the
International Trade Administration’s
Trade Stats Express.”

Japan unexpectedly slips into recession, Germany now world’s third-biggest economy
Reuters, February 15, 2024

Britain falls into recession, with worst GDP performance in 2023 in years
CNN Business, February 15, 2024

CalChamber Companies in the News

Northrop Grumman completes first BOLE solid rocket motor segment for NASA’s space launch system
American Journal of Transportation, February 26, 2024

J.B. Hunt signs long-term intermodal agreement with Walmart
American Journal of Transportation, February 22, 2024

United adds new corporate partners to Sustainable Flight Fund that now exceeds $200 million
American Journal of Transportation, February 14, 2024 

Almond Market Report: The January Position Report marked a record-setting month with a 3% increase from last month and last year.
Blue Diamond Growers Almond Insights, February 13, 2024

Trade Policy

White House

FACT SHEET: Biden-Harris Administration Announces Initiative to Bolster Cybersecurity of U.S. Ports
The White House, February 21, 2024

Biden seeks to bolster port cybersecurity with executive order
American Journal of Transportation, February 21, 2024 

U.S. to Invest Billions to Replace China-Made Cranes at Nation’s Ports
Wall Street Journal, February 21, 2024

US Department of Commerce

Remarks by U.S. Secretary of Commerce Gina Raimondo: Investing in Leading-Edge Technology: An Update on CHIPS Act Implementation
U.S. Department of Commerce, February 26, 2024

U.S. Trade Representative

USTR Releases Annual Report on China’s WTO Compliance
USTR, February 23, 2024

US Department of Agriculture

100 Years of Agricultural Trade: A Century of Growth, Innovation, and Progress
Foreign Agricultural Service, February 22, 2024

US Trade and Development Agency

USTDA Director to Advance Infrastructure Partnerships with Fiji, Pacific Islands
USTDA, February 7, 2024

World Trade Organization

WTO's 13th Ministerial Conference

WTO | Thirteenth WTO Ministerial Conference
WTO, February 26 – 29, 2024

The MC13 opening ceremony
Remarks by Director-General Okonjo-Iweala
WTO, February 26, 2024

Members urged to keep reinvigorating the WTO to deliver benefits for people through trade
WTO, February 26, 2024

WTO chief sees trade missing forecasts on growth headwinds
American Journal of Transportation, February 26, 2024 

Trade Agreements

South Korea says opening diplomatic relations with Cuba would shock North Korea
Yahoo!News, February 15, 2024

India, UAE sign pact on trans-continental trade corridor
Reuters, February 13, 2024 


Gov at Desk

Crown Princess Opens Full-Time Swedish Consulate Office, Signs Climate Change Cooperation Letter with Governor
CalChamber, February 27, 2024

Governor Newsom Welcomes Swedish Delegation to California, Signs Climate Partnership
Office of the Governor, February 20, 2024 

PMSA West Coast Trade Report
Pacific Merchant Shipping Association, February 2024

Port of LA ‘s Seroka Reports 18% Volume Jump
American Journal of Transportation, February 15, 2024

Port of Long Beach cargo increases in January
American Journal of Transportation, February 14, 2024 

California lawmakers take trip to Israel amid growing criticism of war in Gaza
Sacramento Bee, February 14, 2024

More International Articles

CMA CGM, COSCO, Evergreen and OOCL extend OCEAN Alliance to 2032
Container News, February 27, 2024

US Chamber of Commerce chief visiting China this week, spokesperson says
Reuters, February 26, 2024

Manila Wants the Planes to Run on Time for Once
Foreign Policy, February 13, 2024 

Malaysia’s biggest port considers new investors for $8 billion expansion
American Journal of Transportation, February 14, 2024 

Africa Needs $100 Billion a Year to Meet Renewable Energy Goal
Financial Post, February 13, 2024 

Chinese Companies Listed on Major U.S. Stock Exchanges
US-China Economic and Security Review Commission, February 8, 2024 




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