Trade Update – October 1, 2024
Featured Headlines
East Coast/Gulf Ports on Strike as of October 1; Economic Stakes High
CalChamber, October 1, 2024
USMX says IT & ILA “have traded counter offers related to wages”
American Journal of Transportation, October 1, 2024
Dock worker strike shuts down ports in the East, threatening big hit to the U.S. economy
The Los Angeles Times, October 1, 2024
Port strike called at East and Gulf Coast cargo facilities as dockworkers walk off the job
CBS News, October 1, 2024
Montreal dockworker strike shuts down terminals at one of Canada’s largest ports
CBC News, September 30, 2024
Montreal port workers begin three-day strike at two terminals, port authority says
Reuters, September 30, 2024
UNGA general debate concludes with call for ceasefire in Middle East
Global Times, October 1, 2024The week that was: 5 key takeaways from UNGA 2024
GZero, September 30, 2024NATO Secretary General in New York: a peaceful Europe needs a stable Ukraine
NATO, September 27, 2024
Emmanuel Macron Addresses UN General Assembly on Ceasefire in Gaza and UN Security Council Reforms
Oneindia, September 26, 2024
There can be no just peace without Ukraine’ — Zelensky’s full speech at the UN General Assembly
Kyiv Independent, September 25, 2024
Secretary Antony J. Blinken at the Summit of the Future
United States Department of State, September 23, 2024
CalChamber Companies in the News
- Morgan Stanley Raises $750 Million for 1GT Climate Fund Exclusive
The Wall Street Journal, September 30, 2024 - Kraft Heinz inaugurates expanded EGP 2 bln production facility in Egypt
Ahram Online, September 30, 2024 - Accenture’s AI business takes center stage in quarterly results beat
Reuters, September 26, 2024 - Citi Joins Hands With Apollo for $25 Billion Private Credit Program
US News, September 26, 2024
Trade Policy
White House
Statement from President Joe Biden on U.S. Support for Ukraine
The White House September 26, 2024
Readout of Vice President Harris’s Meeting with President Zelenskyy of Ukraine
The White House September 26, 2024
Biden approves $567 mln in defense support for Taiwan, White House says
Reuters, September 29, 2024
- Readout of 2024 Partnership for Global Infrastructure and Investment (PGI) Investor Forum
The White House, September 27, 2024 - Statement from President Joe Biden on the August PCE Report
The White House, September 27, 2024 - Statement from National Economic Advisor Lael Brainard on GDP Growth
The White House, September 26, 2024
U.S. Department of Commerce
- US to unveil first of two decisions on more solar tariffs
Reuters, September 30, 2024 - FACT SHEET: Upstate New York Workforce Hub is Maximizing Federal Investments in the Region by Driving Commitments to Equitable Workforce Development
U.S. Department of Commerce, September 27, 2024 - August US PCE inflation cools to within reach of Fed target
Reuters, September 27, 2024 - Biden-Harris Administration Launches NSTC Workforce Center of Excellence with Expected $250 Million Investment
U.S. Department of Commerce, September 25, 2024 - Biden-Harris administration tackles supply chain risks with new federal tool
Supply Chain Dive, September 25, 2024
U.S. Trade Representative
- We are at an inflection point’: U.S. Trade Rep. on new Biden Admin tariffs on Chinese EVs
NBC Universal, September 29, 2024 - USTR, Department of Labor, and the European Commission Host Meeting of the U.S.-European Union Trade and Labor Dialogue
United States Trade Representative, September 26, 2024 - Readout of Ambassador Katherine Tai’s Meeting with Jörg Kukies, Germany’s State Secretary for International and EU Affairs and G7/G20 Sherpa
United States Trade Representative, September 25, 2024 - Inaugural Meeting of the Trade and Environment Committee of the Americas Partnership for Economic Prosperity Trade Track
United States Trade Representative, September 25, 2024 - Readout of Ambassador Katherine Tai’s Meeting with Ambassador of the European Union to the United States Jovita Neliupšienė
United States Trade Representative, September 24, 2024
U.S. Department of Agriculture
Biden-Harris Administration Delivers Over $26.7 Billion In Market Access for U.S. Agricultural Producers
United States Trade Representative, September 30, 2024
- Mexico to Import Less U.S. Corn
News Dakota, September 26, 2024
U.S. Department of Treasury
- Remarks by Secretary of the Treasury Janet L. Yellen at the 2024 U.S. Treasury Market Conference
U.S. Department of the Treasury, September 26, 2024 - READOUT: U.S. Department of the Treasury Hosts Policy Roundtable on Financial Institutions and Small Businesses
U.S. Department of the Treasury, September 25, 2024 - Treasury Sanctions Networks Enabling Illicit Trade that Benefits IRGC-QF and Hizballah
U.S. Department of the Treasury, September 25, 2024 - Remarks by Deputy Secretary of the Treasury Wally Adeyemo at the 2024 Partnership for Global Infrastructure and Investment Investor Forum
U.S. Department of the Treasury, September 25, 2024
Export-Import Bank
US backs Australian lithium, rare earths projects for up to $786m
Mining Weekly, September 25, 2024
Export-Import Bank of the U.S. Chair Lewis Seeks Partnership with Biotech Industry
EXIM, September 25, 2024
- US Export-Import Bank assisting local SMEs
Trinidad Express, September 26, 2024
U.S. Trade and Development Agency
- USTDA Supports Cybersecurity for Critical Infrastructure in Africa
USTDA, September 25, 2024 - USTDA Advances Lobito Corridor Development in Southern Africa
USTDA, September 24, 2024
World Trade Organization
- Trade and Environment Week 2024 to focus on inclusive shift to sustainability
WTO, September 30, 2024 - WTO hosts workshop to boost capacity on import licensing and notifications
WTO, September 27, 2024 - Azerbaijan continues to make progress towards WTO accession
WTO, September 26, 2024 - EU initiates dispute complaint against Chinese anti-subsidy investigation on EU dairy
WTO, September 25, 2024 - 7th Meeting of the UN Committee of Experts on Business & Trade Statistics
WTO, September 24, 2024 - Global protectionism may be holding back digital trade in Africa, WTO chief says
SEMAFOR, September 24, 2024
Trade Agreements/ Cooperation
Indonesia formally requests to join Trans-Pacific trade pact
Reuters, September 25, 2024
- Haiti becomes 12th Caribbean Community (CARICOM) member state to accede to the Afreximbank Partnership Agreement
Zawya, September 30, 2024 - S. Korea, Slovakia sign energy cooperation agreement with eye on nuclear deal
Yonhap News, September 30, 2024 - India, US may sign pact on critical minerals to bolster trade ties
Business Standard, September 30, 2024 - ASEAN, ECO to enhance cooperation in agriculture sector
The Print, September 29, 2024 - India-Myanmar Joint Trade Committee discusses potential areas of cooperation
The Statesman, September 27, 2024 - New Zealand’s Trade Deal With the UAE Could Be the Start of Something Much Bigger
The Diplomat September 26, 2024 - Brazil’s Lula says he is ready to sign EU-Mercosur trade deal
Reuters, September 25, 2024 - UAE, US sign customs cooperation agreement to boost trade and economic ties
Arabian Business, September 25, 2024
California
Why a looming dock workers’ strike in the East is good and bad for California
Los Angeles Times, September 26, 2024
- Gov. Newsom to attend inauguration of Mexico’s first woman president
KCRA, September 30, 2024 - Newsom vetoes California’s bold bid to regulate AI
CalMatters, September 30, 2024 - CalChamber Statement on Governor’s Veto of SB 1047
CalChamber, September 29, 2024 - 200 Voices From Around the Country Support New Investments in Cleaner Port Infrastructure in Southern California
PSMA, September 26, 2024 - US to hand over pest inspections of Mexican avocados to Mexico and California growers aren’t happy
Associated Press, September 24, 2025
More International Articles
- SBA Administrator Guzman Announces $20M in Grants for States to Boost Small Business Exports
Business Insider, September 30, 2024 - Oil forecasts cut for 5th straight month on demand, OPEC uncertainty
Reuters, September 30, 2024 - Prospect of Second Big Fed Cut Hinges on Powell and Jobs Report
Bloomberg, September 29, 2024 - Xi’s Big Stimulus Week Aims to Draw a Line Under Slowdown
Bloomberg, September 28, 2024 - Ex-Defense Minister Ishiba chosen to lead Japan’s ruling party and become prime minister
Associated Press, September 27, 2024 - Unions in Spain protest in push to reduce working hours
Reuters, September 26, 2024 - Banco do Brasil launches campaign to curb agribusiness bankruptcies
Reuters, September 26, 2024 - Exclusive: China to issue $284 billion of sovereign debt this year to help revive economy
Reuters, September 26, 2024 - Global Economy Moves Beyond Inflation Crisis to Stable Growth
Bloomberg, September 25, 2024 - Morgan Stanley IM Sees Tide Turning Toward Emerging Markets
Bloomberg, September 25, 2024 - Colombia ends ban on US beef imports
Agriculture Dive, September 25, 2024 - Volkswagen’s labour clash spotlights Europe’s car factory conundrum
Reuters, September 24, 2024