Trade Update – October 8, 2024

Council for International Trade Update

Featured Headlines

17th Anniversary Edition – Trade Update

Seventeen years ago, on October 1, 2007, the
California Council for International Trade (CCIT) merged with the California Chamber of Commerce International Trade Committee to create the CalChamber Council for International Trade,
which expands California’s voice on trade.Please visit the CalChamber’s “History of the CCIT,“and visit our Archive for past Trade Updates!
This year’s anniversary edition is dedicated to Jerry Levine, former Chair of CCIT.

Thanks to our over 5,000 readers around the world for your continued interest and support.

Susanne Stirling, Senior Vice President, International Affairs
Xóchitl Bartolomé, Admin Assistant, International Affairs and Corporate Relations

And thanks to the
CalChamber Communications Department!

Ann Amioka, Vice President, Communications
Steve Dormann, Web Managing Editor
Neil Ishikawa, Art Director
Lisa Haggard, Communications Assistant

Port Strikes:

Parties Suspend East Coast/Gulf Ports Strike with Contract Extension
CalChamber, October 8, 2024 

The ILA issued a memo to its members outlining the tentative agreement. October 5, 2024

Joint Statement Regarding Master Contract 
ILA Union, October 3, 2024

ILA-USMX Joint Statement Regarding Master Contract 
USMX, October 3, 2024

Statement by President Joe Biden on ILA and USMX Agreement
The White House, October 3, 2024

Statement by Vice President Kamala Harris on ILA and USMX Agreement
The White House, October 3, 2024

Statement from Acting Secretary Julie Su on International Longshoremen’s Association, United States Maritime Alliance agreement
U.S. Department of Labor, October 3, 2024

Statement by Secretary Pete Buttigieg on ILA and USMX Agreement
U.S. Department of Transportation, October 3, 2024


Securing the 61.5% Raise: Understanding the Process
 ILA Union, October 5, 2024

Striking port workers to return to work Friday as negotiators reach an agreement on wages
CNN Business, October 4, 2024

U.S. port strike suspended until January to allow time for contract talks
 Global News, October 3, 2024

Link to Joint Coalition letter 
CalChamber, October 2, 2024


Montreal port strike ends, but tensions linger over prolonged strike in U.S.
CBC News, October 3, 2024

Montreal port says strike by workers is over, clients can expect delays
Reuters, October 3, 2024

CalChamber Companies in the News

Trade Policy

White House

U.S. Department of Commerce

By the Numbers: U.S. Economy Adds Over 250,000 Jobs in September Exceeding Expectations
U.S. Department of Commerce, October 4, 2024

U.S. Trade Representative

U.S. Department of Agriculture

FY2025 Funds Available for Export Credit Guarantee Programs (GSM-102)
USDA Foreign Agricultural Service, October 7, 2024

U.S. Department of Treasury

Export-Import Bank

U.S. Trade and Development Agency

World Trade Organization

Trade Agreements/ Cooperation

India, US sign MoU on critical minerals cooperation to reduce dependence on China
Hindustan Times, October 4, 2024

Secretary Raimondo and Minister Goyal Convene 6th U.S.-India Commercial Dialogue Meeting
U.S. Department of Commerce, October 3, 2024

California

More International Articles

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.