Trade Update – August 13, 2024
Trade
Featured Headlines
Next CITU, August 27, 2024
15th Annual Mexico Advocacy Day Highlights Sonora’s Potential as Clean Energy Hub
CalChamber, August 8, 2024
The Capitol Weekly Top 100:
Jennifer Barrera, CalChamber President and CEO is # 18
Capitol Weekly, August 7, 2024
CalChamber Companies in the News
- Alaska Airlines announces investment in JetZero to propel innovative aircraft technology and design
American Journal of Transportation, August 13, 2024 - Mars in Advanced Talks to Buy Cheez-It, Eggo Maker Kellanova
Wall Street Journal, August 4, 2024 - Exxon delivers $9.2 billion second-quarter profit, raises output target
Reuters, August 2, 2024
Trade Policy
White House
- A Proclamation To Further Facilitate Positive Adjustment to Competition From Imports of Certain Crystalline Silicon Photovoltaic Cells (Whether or Not Partially or Fully Assembled Into Other Products)
The White House, August 12, 2024 - FACT SHEET: Two Years after the CHIPS and Science Act, Biden-Harris Administration Celebrates Historic Achievements in Bringing Semiconductor Supply Chains Home, Creating Jobs, Supporting Innovation, and Protecting National Security
The White House, August 9, 2024 - The Trump Trade vs. The Harris Trade
U.S. News, August 8, 2024 - Readout of Principal Deputy National Security Advisor Jon Finer’s Meeting with Australian Department of Foreign Affairs and Trade Secretary Jan Adams
The White House, August 8, 2024 - Deere joins White House initiative to strengthen supply chains
Agriculture Dive, August 7, 2024 - Memorandum on the Delegation of Functions and Authorities Under Section 6(a)-(c) of the United States-Taiwan Initiative on 21st-Century Trade First Agreement Implementation Act
The White House, August 5, 2024
U.S. Department of Commerce
U.S. keeps Vietnam as non-market economy, despite efforts to woo Hanoi
Reuters, August 2, 2024
- SK Hynix Wins $950 Million of US Grants, Loans for AI Chip Site
Bloomberg, August 12, 2024 - U.S. Department of Commerce Announces Preliminary Terms with SK hynix to Advance U.S. AI Supply Chain Security
U.S. Department of Commerce, August 6, 2024
U.S. Trade Representative
Readout of August 5-9 Negotiating Round Under the U.S.-Kenya Strategic Trade and Investment Partnership
United States Trade Representative, August 9, 2024
- Joint Statement of the First In-Person Meeting of the Trade Ministers of the Americas Partnership for Economic Prosperity
United States Trade Representative, August 2, 2024 - Readout of Ambassador Katherine Tai’s Meeting with Ecuador’s Minister of Production, Foreign Trade, Investment, and Fisheries Sonsoles García
United States Trade Representative, August 1, 2024 - USTR sets timetable to implement Biden’s proposed tariff hikes
Supply Chain Dive, August 1, 2024
U.S Department of Agriculture
- USDA makes another $300M available to boost ag trade
Agricultural Dive, August 6, 2024 - USDA Announces Additional RAPP Funding to Expand, Diversify Export Markets
USDA Foreign Agricultural Service, August 5, 2024
Export-Import Bank
- EXIM Bank Sees India’s Goods Export Surging To $111.7 Billion In Q2
MenaFN, August 12, 2024
World Trade Organization
EU’s EV preliminary ruling violate WTO rules, China ministry says
Reuters, August 9, 2024
WTO announces first cohort of Young Trade Leaders
WTO, August 7, 2024
Trade Agreements/ Cooperation
- Exclusive: Mahindra seeks nod for $3 billion Shaanxi joint venture
Reuters, August 10, 2024 - U.S. Department of Commerce to Convene Supply Chain Summit Focusing on Proactive Strategies to Strengthen Economic Competitiveness and National Security
U.S. Department of Commerce, August 9, 2024 - Indonesia, Japan agree on trade pact amendments to reduce barriers
Reuters, August 8, 2024 - Saudi Aramco Seeks More China Deals in Oil-to-Chemicals Push
Bloomberg, August 8, 2024 - US kicks off Indo-Pacific supply chain meetings
Supply Chain Dive, August 1, 2024
California
Rebuild Ukraine 2024- Business in Ukraine and Poland
November 12-15, 2024, Warsaw, Poland
Go-Biz
Export Training Grant Program
Application deadline: August 16, 2024
Go-Biz
- Who is running for California governor in 2026? Meet the potential candidates
Los Angeles Times, August 9, 2024 - Governor and First Partner welcome new giant panda pair at San Diego Zoo
Governor of California, August 8, 2024
More International Articles
Assessing the Results of Venezuela’s Presidential Election
United States Department of State, August 1, 2024
- SKY Brasil parent launches fintech targeting suppliers with $178 mln investment
Reuters, August 8, 2024 - Nobel laureate Yunus arrives to lead Bangladesh, says will be guided by students
Reuters, August 8, 2024 - US expected to propose barring Chinese software in autonomous vehicles
Reuters, August 8, 2024 - Ulsan Port Authority signs equity investment agreement to create publicly-led alternative marine fuel supply chain
American Journal of Transportation, August 7, 2024 - Japan’s share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street
Associated Press, August 5, 2024 - US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears
Associated Press, August 2, 2024 - Flexport data shows sailings from China to U.S. West Coast 20 days faster than to East Coast Ports
American Journal of Transportation, August 2, 2024 - International Shipping Coalition launches “Beyond Methane Pledge”, calling on industry leaders to end LNG
American Journal of Transportation, August 1, 2024 - Maersk sees global trade disruptions lasting throughout 2024
The Economic Times, August 1, 2024