Trade Update – December 17, 2024

Council for International Trade Update

On behalf of the California Chamber of Commerce, to our readers, we wish you a Happy Holidays and a Happy New Year! CITU will return in January 2025!

Featured Headlines

Former Defense Secretary Panetta Calls for End to ‘Leadership by Crisis’
CalChamber, December 17, 2024 

Pausing after an international breakfast meeting hosted by the CalChamber on December 13 are (from left) Ted Balestreri, chairman and CEO, Cannery Row Company, and Panetta Institute Board member; Susanne T. Stirling, CalChamber senior vice president, international affairs; Monica Lal, president and CEO, Monterey Peninsula Chamber of Commerce; Leon Panetta, chairman, Panetta Institute; Sima Patel, CEO, Ridgemont Hospitality, and chair, CalChamber Council for International Trade.
Trump appears to side with union in port contract dispute
AXIOS, December 12, 2024Statement from USMX
USMX, December 12, 2024


Canada Post Strike Ends, but SMBs Say Holiday ‘Too Late to Salvage’
Sourcing Journal, December 16, 2024

CalChamber Companies in the News

Cal Chamber Board Member and mwConnect Founder and President Margaret Wong Elected Chairman of the Federation of Hong Kong Business Associations Worldwide
mwConnect, December 12, 2024

Trade Policy

White House

The White House

2024 LNG Export Study: Energy, Economic, and Environmental Assessment of U.S. LNG Exports
U.S. Department of Energy, December 17, 2024

Biden’s LNG Study to Stop Short of Halting New Exports
Bloomberg, December 16, 2024

News on the Incoming Administration:

Trump administration tracker shows his latest top staff picks for his 2025 term
CBS News, December 16, 2024

Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War
Bloomberg, December 12, 2024

President-elect Donald Trump picks Andrew Ferguson to chair FTC
December 11, 2024

Trump names former CIA official Ron Johnson as ambassador to Mexico
The Hill, December 10, 2024

U.S. Department of Commerce

U.S. Trade Representative

USTR Increases Tariffs Under Section 301 on Tungsten Products, Wafers, and Polysilicon, Concluding the Statutory Four-Year Review
United States Trade Representative December 11, 2024
US hikes tariffs on imports of Chinese solar wafers, polysilicon and tungsten products
The Associated Press, December 11, 2024

U.S. Department of Agriculture

U.S. Trade and Development Agency

USTDA, Meridiam Collaborate to Mobilize Finance for Infrastructure
USTDA, December 16, 2024


World Trade Organization

Trade Agreements/ Cooperation

California

SoCalGas Incoming President and CEO Maryam S. Brown to Chair CalChamber Board in 2025
CalChamber, December 16, 2024

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.