Trade Update – July 15, 2025

Featured Headlines

CalChamber, Japan Business Leaders Mark Longtime Alliance on Trade Matters CalChamber, July 11, 2025

Coalition Again Urges U.S. Trade Rep Not to Proceed with Anti-China Proposal CalChamber July 11, 2025

Trump hosts five African leaders as tariffs, aid cuts bite Reuters, July 10, 2025 Trump’s Africa Summit Heats Up Rivalry for Continent’s Resources Bloomberg, July 10, 2025

President Trump Revises, Delays Tariffs CalChamber, July 11, 2025

V.O.S. Selections, Inc. v. Trump – U.S. Chamber files coalition amicus brief urging Federal Circuit to hold that IEEPA does not permit the imposition of broad-based tariffs U.S. Chamber of Commerce, July 8, 2025

CalChamber Companies in the News

• BP Signals Strong Oil Trading and Quarterly Output Rebound
  Bloomberg, July 10, 2025 

Trade Policy

White House

Trump announces trade deal with Indonesia POLITICO, July 15, 2025

• President Trump Announces Presidential Delegation to Osaka, Japan, to Attend the World Expo
  The White House, July 9, 2025
• Trump says steep copper tariffs in store as he broadens his trade war
  Reuters, July 8, 2025

U.S. Department of Commerce

• US opens national security probes into imported drones, polysilicon
  Reuters, July 14, 2025

U.S. Trade Representative

• US port operators seek to mitigate hefty expected tariffs on China-built port cranes
  Reuters, July 11, 2025

U.S. Department of Treasury 

G-20 Agenda Eclipsed as Bessent Skips South Africa Meeting Again Bloomberg, July 13, 2025 Treasury posts unexpected surplus in June as tariff receipts surge CNBC, July 11, 2025

U.S. Department of Agriculture

• USDA Launches Agribusiness Trade Mission to the Dominican Republic
  USDA Foreign Agricultural Service, July 14, 2025
• USDA Advances Trump Administration’s Farmer-First Agenda at UN FAO Conference
  USDA Foreign Agricultural Service, July 9, 2025

Export – Import Bank

• Export-Import Bank of the United States Board of Directors Approves Transactions Totaling More than $1 Billion
  EXIM, July 11, 2025

World Trade Organization

DG Okonjo-Iweala: “More than ever all eyes are on us” WTO, July 15, 2025  Merchandise trade posts strong growth in Q1 ahead of tariff hikes WTO, July 15, 2025

• Members address trade concerns, current trade tensions at Goods Council meeting
  WTO, July 8, 2025

Trade Agreements/ Cooperation

• Indonesia, EU Announce Agreement to Advance Free Trade Pact
  The Diplomat, July 14, 2025
• China and Sri Lanka to expedite FTA
  Daily News Sri Lanka, July 13, 2025
• South Korea says framework US trade deal possible by August, farm market access on table
  Reuters, July 13, 2025
• Pakistan, Vietnam to initiate talks on preferential trade deal this year
  Daily Times, July 12, 2025
• Financial cooperation: Egypt and China sign key trade agreements
  Africa News, July 11, 2025
• Rubio and Wang stress cooperation after talks in Malaysia as US-China tensions simmer
  The Associated Press, July 10, 2025

California

Trump administration adds 21% tariff on Mexican tomato imports. What that could mean for California KCRA Sacramento, July 14, 2025

• Port of Long Beach Breaks Ground on $365 Million Terminal Expansion Project
  GCaptain, July 15, 2025 
• Port of Los Angeles Sets June Cargo Record Amid Tariff Concerns
  GCaptain, July 14, 2025
• State Budget for 2025–26: What’s In, What’s Out
  CalChamber, July 11, 2025
• SoCal business leaders brace for more fallout from Trump tariffs
  ABC7 Los Angeles, July 9, 2025

More International Articles

• European Ports Slow to Install Shore Power Ahead of 2030 Deadline, Study Shows
  GCaptain, July 15, 2025 
• EU, South Korea seek US trade deals to soften tariff blow
  American Journal of Transportation, July 14, 2025
• French wine and cheese makers say U.S. tariffs would hit hard
  American Journal of Transportation, July 14, 2025
• US tariff rate may be more than 20% after latest round, global business group says
  American Journal of Transportation, July 11, 2025
• ECB warns of risks beyond tariffs: from security to capital flows
  Reuters, July 9, 2025
• After US tariffs, jobs hang by a thread in Bangladesh’s garments sector
  Reuters, July 8, 2025