Next CITU: June 17th, 2025
Featured Headlines
UK Ready to Do Business with California General terms for the United States of America and the United Kingdom of Great Britain and Northern Ireland Economic Prosperity Deal |
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EU trade negotiator says calls with US officials were ‘good’ after Trump extends tariff deadline Trump threatens tariffs on Apple, European Union in trade war escalation EU, Britain Go Ahead with New Russia Sanctions Without Waiting for Trump Britain agrees trade and defense reset with European Union UK-EU Summit 2025 – Joint Statement |
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CalChamber Companies in the News
- Chile taps Rio Tinto for second major lithium project
Reuters, May 23, 2025 - Disney Is Opening Its First Theme Park in the Middle East, Here’s Everything You Should Know
Condé Nast Traveler, May 17, 2025
Trade Policy
White House
World Trade Week, 2025 Fact Sheet: President Donald J. Trump Secures $200 Billion in New U.S.-UAE Deals and Accelerates Previously Committed $1.4 Trillion UAE Investment Fact Sheet: President Donald J. Trump Secures Historic $1.2 Trillion Economic Commitment in Qatar |
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U.S. Department of Commerce
- 10% tariffs generate $30B monthly without price increases: Commerce secretary
News Nation, May 22, 2025 - Record-Breaking 11th SelectUSA Investment Summit Concludes
U.S. Department of Commerce, May 20, 2025 - Tech Hubs Program Fact Sheet
U.S. Department of Commerce, May 16, 2025 - Statement from U.S. Secretary of Commerce Howard Lutnick on the Tech Hubs Program
U.S. Department of Commerce, May 16, 2025 - UAE/US Framework on Advanced Technology Cooperation
U.S. Department of Commerce, May 15, 2025
U.S. Trade Representative
Historic U.S.-UK Trade Deal Draws Praise |
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- U.S. calls for resolution of non-tariff barrier issues in latest trade consultation with S. Korea: sources
Yonhap News, May 25, 2025 - USTR Seeks Comments Regarding Foreign Nations Freeloading on American-Financed Innovation
United States Trade Representative, May 23, 2025 - USTR starts collecting comments on cases of suppressing pharmaceutical prices in foreign countries
Yonhap News, May 23, 2025
U.S. Department of Treasury
- Scott Bessent Says US Will ‘Continue Trading With China’ While Strategically Reshoring Semiconductors, Steel, And Pharmaceuticals
Bloomberg, May 20, 2025
U.S. Department of Agriculture
| Celebrating World Trade Month: The Trump Administration’s Approach to Expanding Exports and Supporting Rural Prosperity USDA Foreign Agricultural Service, May 23, 2025 |
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- Exclusive-U.S. farm agency cancels food aid for children in poor countries
Reuters, May 22, 2025
Export – Import Bank
- Perpetua submits application for up to $2 billion loan to US EXIM for antimony project
Reuters, May 23, 2025
World Trade Organization
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- Members consider China’s request for panel to examine Canadian surtax measures
WTO, May 23, 2025 - The Netherlands gives CHF 1.3 million to strengthen STDF projects for food safety, trade
WTO, May 23, 2025 - DG Okonjo-Iweala: MC14 must deliver outcomes on WTO reform
WTO, May 21, 2025
Trade Agreements/ Cooperation
| South Africa presses US on renewing AGOA trade pact Yahoo News, May 23, 2025 |
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- Indonesian president and Chinese premier meet to discuss expanding trade during US trade war
The Associated Press, May 25, 2025 - Pakistan, Afghanistan move towards ‘restoring ties’ in talks with China
Al Jazeera, May 23, 2025 - Exclusive-India may let US, foreign firms bid for government contracts, sources say
Reuters, May 23, 2025 - U.S., China hold first call since Geneva meeting, signaling progress in trade talks
CNBC, May 23, 2025 - Argentina set to expand beef offal exports to China amid shifting trade dynamics
Invezz, May 23, 2025 - China strengthens ties in Latin America with loans, cooperative deals
UPI, May 22, 2025 - Trump: India Has Offered US a Trade Deal With No Tariffs
GCaptain, May 20, 2025 - South Korea planning more serious engagement with the US, says Korea’s Trade and Industry Minister -Video
CNBC, May 16, 2025
California
| Travel Outlook: California Tourism Projected to Decline Following Strong 2024 CalChamber May 21, 2025 |
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- California attorney general suggests potential lawsuit over Trump’s Apple tariff threats
POLITICO, May 23, 2025 - Inland Empire lost trade and transportation jobs, but it’s too early to blame tariffs
CalMatters May 21, 2025 - Port of LA reports volume down 30% in first week of May
American Journal of Transportation, May 21, 2025 - California offshore wind moves ahead
American Journal of Transportation, May 21, 2025 - Trade and Logistics Industry Cluster Report
Los Angeles County Economic Development Corporation LAEDC, March 2025
More International Articles
- U.S. Sen. Ted Cruz backs bill to speed permits for international bridges, ports of entry
USA Today, May 26, 2025 - U.S. ambassador shuts down Trump’s Canada annexation talk
EssaNews, May 23, 2025 - Russia’s sanctioned tanker group Sovcomflot plunges to $393 million loss
Reuters, May 23, 2025 - Argentina’s Milei unveils bold plan to lure billions in undeclared dollars back home
The Associated Press, May 22, 2025 - US trade panel’s vote paves way for stiff tariffs on many solar imports
Reuters, May 20, 2025 - Panama Asks Trump to Clean Up Mess Left From Biden-Era Migration Surge
Newsweek, May 15, 2025
