Trade Update – December 17, 2024
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
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
- Rio Tinto’s US$2.5-billion lithium plan is a win for Milei
Buenos Aires Times, December 12, 2024
Trade Policy
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
- FACT SHEET: Celebrating U.S.-Africa Partnership Two Years After the 2022 U.S.-Africa Leaders Summit
The White House, December 14, 2024 - Biden unveils fresh China tariff hikes
Supply Chain Dive, December 11, 2024
U.S. Department of Commerce
- Deputy Secretary Graves Spotlights Commerce Department’s Growing National Security Role During CNAS Fireside Discussion
U.S. Department of Commerce, December 16, 2024 - US to Provide $225M for Bosch’s California Chip Factory
Executive Gov, December 16, 2024
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
- USDA does not expect to resume Mexico cattle imports before holidays, chief veterinary officer says
Reuters, December 13, 2024
U.S. Trade and Development Agency
USTDA, Meridiam Collaborate to Mobilize Finance for Infrastructure
USTDA, December 16, 2024
World Trade Organization
- Dates fixed for 2026 Ministerial Conference in Cameroon
WTO, December 16, 2024 - Merchandise trade continues to expand in third quarter of 2024
WTO, December 13, 2024
Trade Agreements/ Cooperation
- India – Sri Lanka Joint Statement: Fostering Partnerships for a Shared Future
Prime Minister of India, December 16, 2024 - New trade policies of the UK government to ease Vietnam exports
The Star, December 14, 2024 - U.S., China extend key science & tech cooperation deal amid trade, Trump tensions
Seeking Alpha, December 13, 2024 - India-UAE partnership a ‘model’ relationship: Jaishankar
Press Trust of India, December 13, 2024
California
SoCalGas Incoming President and CEO Maryam S. Brown to Chair CalChamber Board in 2025
CalChamber, December 16, 2024
- Registration for 2025 Employment Law Updates Seminars Open Now
CalChamber, December 17, 2024 - Business Leaders Urge Newsom to Restore R&D Tax Credit
CalChamber, December 11, 2024
More International Articles
- China’s Factories Seek to Trump-Proof Business by Going Global
Bloomberg, December 16, 2024 - OPEC cuts 2024 oil demand growth forecast for fifth time
Global Data, December 16, 2024 - South Korea’s parliament votes to impeach President Yoon Suk Yeol over his martial law order
The Associated Press, December 14, 2024 - US updates a science and technology pact with China to reflect growing rivalry and security threats
The Associated Press, December 13, 2024 - UK Economy’s Contraction Casts Doubt on Labour’s Growth Vow
Bloomberg, December 13, 2024 - President Macron names centrist ally Bayrou as France’s next prime minister
The Associated Press, December 13, 2024 - G7 Leaders’ statement on Syria
The White House December 12, 2024 - ECB cuts interest rates for fourth time this year
Reuters, December 12, 2024