Trade Update – April 8, 2025

Council for International Trade Update

Next CITU April 29th, 2025

Featured Headlines

Trump Orders New ‘Reciprocal Tariffs’
CalChamber, April 4, 2025

Reciprocal Tariff Calculations
United States Trade Representative

Reactions from around the Globe:

Elon Musk Posts Cryptic Anti-Tariff Video
Newsweek, April 7, 2025 

World leaders react to Trump’s tariffs
Reuters, April 3, 2025

China announces 34% retaliatory tariffs on US imports
The Washington Examiner, April 4, 2025

 

CalChamber Announces 2025 Affordability Agenda
CalChamber, April 3, 2025

CalChamber Companies in the News

Trade Policy

White House

The White House

Trump threatens additional 50 percent tariffs on China as markets slump
The Washington Post, April 7, 2025

Report to the President on the America First Trade Policy Executive Summary
The White House, April 3, 2025

Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China as Applied to Low-Value Imports
The White House, April 2, 2025

Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits
The White House, April 2, 2025

Fact Sheet: President Donald J. Trump Declares National Emergency to Increase our Competitive Edge, Protect our Sovereignty, and Strengthen our National and Economic Security
The White House, April 2, 2025

Fact Sheet: President Donald J. Trump Closes De Minimis Exemptions to Combat China’s Role in America’s Synthetic Opioid Crisis
The White House, April 2, 2025

U.S. State Department

U.S. Department of Commerce

U.S. Trade Representative

USTR_Trade-Representative-Seal

Senate Republicans nudge Trump’s trade chief for a tariff end game
POLITICO, April 8, 2025

Full Committee Hearing – The President’s 2025 Trade Policy Agenda
United States Senate Committee on Finance, April 8, 2025 

Crapo Statement at Hearing on President’s 2025 Trade Policy Agenda
United States Senate Committee on Finance, April 8, 2025 

Wyden’s Statement at the Finance Hearing on Trump’s Global Trade Agenda
United States Senate Committee on Finance, April 8, 2025 

Nearly 50 countries want tariff deals, Trump trade chief Greer says
Reuters, April 7, 2025

U.S. Trade Representative Issues Statement on President Trump’s Declaration of a National Emergency
United States Trade Representative, April 2, 2025

U.S. Department of Agriculture

U.S. Department of Treasury  

Export-Import Bank

World Trade Organization

Statement from Dr. Ngozi Okonjo-Iweala, Director-General of the WTO
WTO, April 3, 2025

WTO says tariffs could bring contraction of 1% in global merchandise trade volumes
Reuters, April 3, 2025

Trade Agreements/ Cooperation

us-eu-flags

EU offers Trump removal of all industrial tariffs
POLITICO, April 7, 2025

California

US-California-Flags

Trump’s tariffs may hurt CA’s budget
CalMatters, April 7, 2025

Gavin Newsom asks world leaders to spare California from retaliatory tariffs
The Sacramento Bee, April 4, 2025 

Gavin Newsom wants California exempted from foreign tariffs. Can he do that?
The Sacramento Bee, April 4, 2025

Governor Newsom directs state to pursue strategic relationships with international trading partners; urges exemptions of California-made products from tariffs
Governor of California, April 4, 2025

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.