Trade Update – August 27, 2024
Featured Headlines
Canada Industrial Relations Board orders binding arbitration, halting potential rail strike
Supply Chain Management Review, August 26, 2024
Canada railways lock out unionized workers, snarling trade
American Journal of Transportation, August 22, 2024
AgTC’s Friedmann warns Canadian rail stoppage will hurt U.S. exports & imports
American Journal of Transportation, August 22, 2024
Auto industry on high alert as Canada railroads shut down, lock out Teamsters
Detroit Free Press, August 22, 2024
Rail giants plan to shut down Canada network after union talks fail
American Journal of Transportation, August 19, 2024
Lloyds List- One Hundred Container Ports 2024
Lloyd’s List, 2024Port of Oakland joins national effort to integrate the supply chain
American Journal of Transportation, August 21, 2024
CalChamber Companies in the News
- YouTube takes on TikTok Shop with expanded Shopify partnership
TechCrunch, August 20, 2024 - Deloitte Launches ‘Resilient Edge,’ a New Technology Transformation Podcast for Business Leaders
PR Newswire, August 19, 2024 - DMPL U.S. subsidiary gets new financing of up to $240 million
PhilStar Global, August 6, 2024
Trade Policy
White House
- What voters need to know about Harris’ and Trump’s economic policy proposals
CNN, August 16, 2024 - Fact Sheet: Celebrating the Strength of the United States-Dominican Republic Partnership
The White House, August 15, 2024 - Statement from President Joe Biden on Prime Minister Kishida of Japan
The White House, August 14, 2024
U.S. Department of Commerce
U.S. Identifies Critical Sectors and Key Goods for Potential Cooperation under the IPEF Supply Chain Agreement
U.S. Department of Commerce, August 23, 2024
- U.S. business spending on equipment shows signs of cooling in July
Reuters, August 26, 2024 - Huawei Export Restrictions Set for Potential US Relaxation as Lawmakers Warn of Economic Fallout
EconoTimes, August 19, 2024 - U.S. Lawmakers Request the Commerce Department to Probe into Chinese WiFi Router Maker TP-Link
Tech Report, August 16, 2024 - U.S. solar group seeks retroactive duties on surge of panel imports from Vietnam, Thailand
Reuters, August 15, 2024
U.S. Trade Representative
AGOA for the People – By White House Fellow Martha Esparza MD, Special Assistant Claire Blanton, Trade Research Specialist Lynette Johnson and Director for African Affairs Jeremy Streatfeild
United States Trade Representative, August 14, 2024
- United States Announces Successful Resolution of Rapid Response Labor Mechanism Matter at Volkswagen de México Facility
United States Trade Representative, August 26, 2024 - United States Seeks Mexico’s Review of Alleged Denial of Workers’ Rights at Pirelli Neumaticos, S.A. de C.V.
United States Trade Representative, August 23, 2024 - US requests probe of alleged labor rights denial at Pirelli facility in Mexico
Reuters, August 23, 2024
U.S Department of Agriculture
- US agencies host workshop in Ethiopia on seed systems development
New Business Ethiopia, August 20, 2024 - USDA Announces December Trade Mission to Morocco
USDA Foreign Agricultural Service, August 14, 2024
U.S. Department of Treasury
- As Russia Feels Effects of Multilateral Sanctions Campaign, Treasury Takes Further Action Against Russia’s International Supply Chains
U.S. Department of the Treasury, August 23, 2024 - Treasury Adds Further Sanctions Targeting Houthi and Hizballah Trade Networks
U.S. Department of the Treasury, August 15, 2024 - US imposes sanctions targeting Houthi, Hezbollah trade, Treasury Dept says
Reuters, August 15, 2024
Export-Import Bank
- EXIM Chair Lewis to Highlight Critical Minerals Partnerships in Australia
EXIM, August 23, 2024
U.S. Trade and Development Agency
- USTDA Partners with Nepal on Quality Infrastructure Procurement
USTDA, August 26, 2024
World Trade Organization
Comoros Becomes WTO’s 165Th Member
MenaFN, August 22, 2024
DG Okonjo-Iweala welcomes Comoros as 165th WTO member
WTO, August 21, 2024
- Ireland gives EUR 200,000 to strengthen STDF projects for global food safety and trade
WTO, August 23, 2024 - India calls for unified African stance on WTO reforms and key global issues
Mint, August 22, 2024
Trade Agreements/ Cooperation
- Colombia-India trade Ties: 65 Years of Strategic Growth and Expanding Opportunities
The Financial Express, August 23, 2024 - S. Korea will expand free trade deals with emerging markets: PM
Yonhap News Agency, August 22, 2024 - China, Belarus To Sign Trade Agreement
Barron’s, August 22, 2024 - Ukrainian parliament ratifies strategic partnership agreement with UK
The Kyiv Independent, August 22, 2024 - India’s Modi urges efforts to end Ukraine war after talks in Poland
Associated Press, August 22, 2024 - Mexico’s Sheinbaum: judicial reform won’t violate commitments with USMCA trade pact
Reuters, August 21, 2024 - Anwar meets with Modi as India and Malaysia work to expand ties and defense cooperation
Associated Press, August 20, 2024 - Trade facilitation propels China-Africa economic and trade cooperation
The Star, August 20, 2024 - Switzerland Is Getting Squeezed Between China and the US
Bloomberg, August 19, 2024 - Ukraine and Guatemala to continue negotiations on free trade
Ukrainska Pravda, August 17, 2024 - U.S., Australia, Britain remove export barriers on defense goods with sweeping trade pact
UPI News, August 16, 2024
California
Rebuild Ukraine 2024- Business in Ukraine and Poland
November 12-15, 2024, Warsaw, Poland
Go-Biz
- Google just backed a $250M deal with California to support journalism — here’s what it means
TechCrunch, August 24, 2024 - California vs. the World: The Race to Nab Film and TV Productions
The Hollywood Reporter, August 22, 2024 - San Diego among top U.S. cities for international travelers, data shows
KSWB- TV San Diego, August 13, 2024 - California allows Chinese robotaxi firm WeRide to test with passengers
Reuters, August 13, 2024
More International Articles
- Indian Port Unions, Officials to Meet in Attempt to Avert Strike
GCaptain, August 26, 2024 - Wärtsilä to Convert World’s First Ammonia-Fueled Supply Ship for Equinor
GCaptain, August 26, 2024 - Libya’s Eastern Government Says All Oilfields to Close
U.S. News, August 26, 2024 - China opens investigation into EU dairy exports as trade tensions flare
The Associated Press, August 21, 2024 - Walmart’s $3.6 Billion JD.com Sale Fuels China Tech Slump
Bloomberg, August 20, 2024 - Oil pipeline capacity to spare Canadian exports from looming rail dispute
Reuters, August 19, 2024 - State official defends quest for ethical minerals
POLITICO, August 19, 2024 - Thai GDP Expands Amid Worries Over $14 Billion Stimulus
Bloomberg, August 18, 2024 - Flexing its Muscle, Turkey Is Spreading Its Influence in Africa
Bloomberg, August 17, 2024 - Explainer: What is antimony and why is China curbing its exports?
Reuters, August 16, 2024 - Solar Panel Makers Seek Retroactive Duties, Citing Import Surge
Bloomberg, August 15, 2024 - Brewers tap growth of zero-alcohol beers in Middle East
Reuters, August 15, 2024 - China’s Economy Fails to Pick Up After Worst Stretch in Five Quarters
Bloomberg, August 14, 2024 - Oil prices settle 1% lower after surprise rise in US crude stockpiles
Reuters, August 14, 2024