Trade Update – April 30, 2024

CalChamber Council for International Trade

Featured Headlines

CalChamber-Hosted Luncheon Highlights Friendship, Connections with Canada
CalChamber Alert, April 19, 2024

Rana Sarkar (left), Consul General of Canada, poses questions to Bruce Heyman, former U.S. Ambassador to Canada, in a lunchtime chat at the California Chamber of Commerce on April 17. The chat highlighted the many connections between Canada and the United States, as well as Canada and California.

Guest Commentary: Securing North American Prosperity 
CalChamber, April 16, 2024

WTO forecasts rebound in global trade but warns of downside risks
WTO, April 10, 2024
Trade Background: Europe and the European Union
CalChamber

CalChamber Companies in the News

Lowe’s taps DoorDash for on-demand deliveries 
Supply Chain Dive, April 24, 2024

Disneyland Clears Major Hurdle in $1.9B Expansion Plans
(ktla.com), April 17, 2024

Disney Set to Invest $1.9 Billion in New Theme Park and Lodging Experiences in California 
California Governor, April 17, 2024

Trade Policy

White House

Joint Statement from the United States and Norway on Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals
The White House April 17, 2024

FACT SHEET: Biden-Harris Administration Releases Strategy to Strengthen Global Health Security
The White House April 16, 2024

Global Partners: Key Takeaways from Prime Minister Kishida’s State Visit
Hudson Institute, April 11, 2024

Japanese Prime Minister Fumio Kishida addresses Congress amid skepticism about US role abroad 
Associated Press, April 11, 2024

President Biden Welcomes Prime Minister Kishida for a State Visit
U.S Embassy & Consulates in Japan, April 11, 2024

FACT SHEET: Japan Official Visit with State Dinner to the United States
The White House April 10, 2024

President Celebrates ‘Unbreakable Alliance’ During Japanese Prime Minister’s Visit
The Well News, April 10, 2024

Treasury 

Foreign holdings of US Treasuries hit record high; Japan holdings rise, data shows 
Reuters, April 17, 2024

U.S. Department of Agriculture

USDA, USAID deploy $1B for emergency food assistance worldwide
Havre Daily News April 24, 2024

USDA, USAID Deploy $1 Billion for Emergency Food Assistance
USDA April 18, 2024

USDA predicts lower crop prices for key commodities in 2024
Agriculture Dive April 16, 2024

World Agricultural Supply and Demand Estimates
USDA, April 11, 2024

US Department of Commerce

Readout of Secretary Raimondo’s Meeting with Kenya’s Cabinet Secretary for Investment, Trade and Industry Rebecca Miano
U.S. Department of Commerce, April 24, 2024

Readout of Secretary Raimondo’s Meeting with Italian Prime Minister Giorgia Meloni
U.S. Department of Commerce, April 23, 2024

Readout of Secretary Raimondo’s Meeting with Ukrainian Prime Minister Denys Shmyhal
U.S. Department of Commerce, April 17, 2024

CHIPS for America Announces over $50 million Funding Opportunity to Encourage Small Business Research and Development
U.S. Department of Commerce, April 16, 2024

U.S. Commerce Secretary Gina Raimondo Announces Expansion of U.S. AI Safety Institute Leadership Team
U.S. Department of Commerce, April 16, 2024

Readout of Secretary Raimondo’s Meeting with Republic of Korea Minister of Trade, Industry, and Energy Ahn Duk-geun
U.S. Department of Commerce, April 12, 2024

U.S.-Japan-Philippines Commerce and Industry Ministerial Joint Readout
U.S. Department of Commerce, April 11, 2024

U.S. Trade Representative

United States and Taiwan to Hold Negotiating Round for the U.S.-Taiwan Initiative on 21st Century Trade
United States Trade Representative,  April 26, 2024

Testimony of Ambassador Katherine Tai Before the House Ways and Means Committee Hearing on the President’s 2024 Trade Policy Agenda
United States Trade Representative, April 16, 2024

Office of the U.S. Trade Representative, Department of Commerce, Small Business Administration, and UK Government Convene the 8th United States-United Kingdom Small- and Medium-Sized Enterprise Dialogue in Belfast | United States Trade Representative (ustr.gov)
United States Trade Representative, April 16,2024

Letter to The USTR Regarding Digital Trade
Politico, Aprill 11, 2024

Export-Import Bank 

Export-Import Bank of the U.S. Chair Lewis Announces Historic Financing for Ukrainian Railways During Visit to Ukraine
EXIM, April 10, 2024


Heads of G7 Export Credit Agencies 2024 Meeting Statement
EXIM, April 19, 2024

US Trade and Development Agency

USTDA Advances Cross-Continental Internet Access in Africa
USTDA, April 24, 2024

World Trade Organization

A Regular WTO Meeting Shows Depth of Disagreements
Bloomberg, April 25, 2024

Thirty years of trade growth and poverty reduction
WTO, April 24, 2024

DG Okonjo-Iweala marks 30th anniversary of the Marrakesh Agreement
WTO, April 15, 2024

Applications open for WTO Advanced Course on Analyzing Trade in Services
WTO, April 15, 2024

Trade Agreements/ Cooperation

San Francisco mayor announces the city will receive pandas from China
ABC News, April 19, 2024

Ratification of the Agreement with the UK on Digital Trade will help deepen Ukraine’s involvement in the global economy: Yuliia Svyrydenko
Cabinet of Ministers of Ukraine, April 24, 2024

President Tokayev, UK’s Cameron Pledge Enhanced Bilateral Cooperation
The Astana Times, April 24, 2024

Edinburgh haggis boss tells MSPs about problems of post-Brexit trade with Europe
Edinburgh Evening News, April 23, 2024

UAE Chamber boosts trade cooperation with Colombia
Asian News International, April 20, 2024

Taiwan Moves to Boost Its Global Standing with Chip Diplomacy
Bloomberg, April 17, 2024

China and the EU Risk Slow-Walking Down a Path to a Trade War
Bloomberg, April 16, 2024

Readout of April 2-12 Negotiating Round Under the U.S.-Kenya Strategic Trade and Investment Partnership
United States Trade Representative, April 15, 2024

U.S. and Canada Sign Historic Agreement to Boost Vessel Traffic Services in the Great Lakes Region
GCaptain, April11, 2024

California

California Remains the World’s 5th Largest Economy
California Governor, April 16, 2024
USA - Norway - California Flags

Norway & California Sign Agreements to Further Climate Collaboration
CalChamber, April 19, 2024

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

California Hits ‘Historical’ Renewable Energy Milestone
Newsweek, April 19, 2024

More International Articles

China’s Xi to Visit France, Serbia, and Hungary to Strengthen China-EU Relations Amid Global Tensions
Business Times, April 29, 2024

Port of Baltimore preps new alternate channel for larger vessel traffic
Supply Chain Dive, April 24, 2024

“Devastating” Wait Times at Mexico Border Strain California Small Businesses
CalMatters, April 24, 2024

Brazil Joins Protectionist Wave in Face of Cheap Steel Imports
Bloomberg, April 23, 2024

U.S. ports should support national cyber security standards
American Journal of Transportation, April 18, 2024

IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
Wall Street Journal, April 17, 2024

Singapore PM Lee to Hand Reins to Wong After Two Decades
Bloomberg, April 15, 2024

IMF head projects slightly stronger global growth in 2024 and warns of potential long-term pitfalls
Associated Press, April 11, 2024

Panama Canal Plans to Normalize by 2025, Weather Permitting
GCaptain, April 11, 2024

EU Shifts Attention to Industry in Push to Deliver Green Targets
Bloomberg, April 9, 2024

Will China flood the globe with EVs, green tech? What’s behind latest US-China trade fight
Associated Press, April 8, 2024

CalChamber
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.