Trade Update – December 3, 2024
Featured Headlines
Congressional committee advises revoking China’s trade status
The Washington Post, November 19, 2024
2024 REPORT TO CONGRESS of the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION
U.S. Government Publishing Office, November 19, 2024
U.S.-China Economic and Security Review Commission: 2024 Report to Congress Executive Summary and Recommendations
2024 Executive Summary, November 19, 2024
Comprehensive List of the Commission’s 2024 Recommendations
2024 Comprehensive List of Recommendations, November 19, 2024
Moolenaar Introduces Legislation to Revoke China’s Permanent Normal Trade Relations
Select Committee on the CCP, November 14, 2024
AAFA Presses Biden to Protect Red Sea Shipping; Calls on ILA/USMX to Resume Talks
Sourcing Journal November 19, 2024
UPDATE ON STATUS OF USMX-ILA NEGOTIATIONS
USMX, November 13, 2024
ILA-USMX Negotiations: Will President Trump’s First Test Be On the Docks?
GCaptain, November 13, 2024
ILA Breaks Off Negotiations Over Automation Issues for East Coast Ports
The Maritime Executive, November 13, 2024
Canadian West Coast and Montreal strike – ILWU-BCMEA & CUPE-MEA negotiations
MAERSK, November 26, 2024
End Canada Post strike now, chambers of commerce urge feds
Global News, November 29, 2024
CalChamber Companies in the News
- Disney debuts its latest cruise ship, Treasure, as part of a plan to double its fleet by 2031
NBC News, November 20, 2024 - How Anthem’s 2024 Whole Health Heroes are shaping the future of health and wellness through ‘leadership, compassion, innovation’
Crain’s New York Business, November 13, 2024 - Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
The Globe and Mail, November 13, 2024
Trade Policy
White House
FACT SHEET: President Biden’s Trip to Angola
The White House, December 2, 2024 Thousands cheer Biden’s arrival in Angola for his long-promised sub-Saharan Africa visit
The Associated Press, December 2, 2024News on the Incoming Administration:
China Reacts to Trump’s BRICS Threat
Newsweek, December 2, 2024
Kremlin says Trump threat to BRICS nations over US dollar will backfire
Reuters, December 2, 2024
Trump threatens 100% tariff on BRICS countries if they pursue creating new currency
CNN Politics, December 1, 2024
Complete list of Donald Trump’s Cabinet picks and White House appointments – Slides
Metro, November 29, 2024
Mexico will retaliate if U.S. moves ahead with Trump’s tariff plans, president says
CBC, November 27, 2024
Trump pledges 25% tariffs on Canada and Mexico, more on China too
American Journal of Transportation, November 26, 2024
- Statement from President Joe Biden on Conclusion of COP29 Conference in Baku, Azerbaijan
The White House, November 23, 2024 - FACT SHEET: Continuing a Legacy of Leadership at the G20
The White House, November 19, 2024 - New Brazil-U.S. Partnership for the Energy Transition
The White House, November 19, 2024 - FACT SHEET: President Biden Marks Historic Climate Legacy with Trip to Brazil’s Amazon Rainforest
The White House, November 17, 2024 - Readout of President Joe Biden’s Meeting with President Xi Jinping of the People’s Republic of China
The White House, November 16, 2024 - Joint Statement of Japan, the Republic of Korea, and the United States
The White House, November 15, 2024
U.S. Department of Commerce
- FACT SHEET: U.S. Department of Commerce & U.S. Department of State Launch the International Network of AI Safety Institutes at Inaugural Convening in San Francisco
U.S. Department of Commerce, November 20, 2024 - U.S. AI Safety Institute Establishes New U.S. Government Taskforce to Collaborate on Research and Testing of AI Models to Manage National Security Capabilities & Risks
U.S. Department of Commerce, November 20, 2024 - US Raises Import Tariff for Nippon Steel After Review
Bloomberg, November 18, 2024
U.S. Trade Representative
Statement from Ambassador Katherine Tai on the Re-Appointment of Dr. Ngozi Okonjo-Iweala as Director-General of the World Trade Organization
United States Trade Representative, November 29, 2024
- Readout of Ambassador Tai’s Bilateral Meetings at the APEC Ministerial Meeting
United States Trade Representative, November 14, 2024
U.S. Department of Agriculture
Record agriculture trade deficit expected to keep growing
Agriculture Dive, November 27, 2024
- USDA Launches Agribusiness Trade Mission to Morocco
USDA Foreign Agricultural Service, December 2, 2024 - U.S. Products Shine at Food Ingredients Asia in Jakarta
USDA Foreign Agricultural Service, November 27, 2024 - USDA to give specialty crop growers $2B to expand markets, combat natural disasters
Agriculture Dive, November 20, 2024 - USDA Accepting Applications for Agribusiness Trade Mission to Guatemala
USDA Foreign Agricultural Service, November 20, 2024 - USDA Trade Mission to Expand Exports to Morocco and West Africa
USDA Foreign Agricultural Service, November 18, 2024 - 50 U.S. companies on agribusiness mission to Morocco in December
Hespress, November 18, 2024
U.S. Department of Treasury
- READOUT: Treasury Hosts Third Annual Conference on the Work of the Committee on Foreign Investment in the United States
U.S. Department of the Treasury, November 27, 2024 - Treasury Releases Report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States
U.S. Department of the Treasury, November 14, 2024
Export-Import Bank
- Export-Import Bank of the U.S. Director Owen Herrnstadt Touts Record-Level Investment in Clean Energy Projects Supporting U.S. Jobs at COP29 in Azerbaijan
EXIM, November 18, 2024 - Electrovaya Secures Loan for U.S. Battery Expansion
Markets Insider, November 14, 2024
U.S. Trade and Development Agency
Director Ebong Joins President Biden in Angola; Leads White House VIP Delegation
USTDA, December 2, 2024
- USTDA Supports Rural Healthcare Access in Papua New Guinea
USTDA, November 14, 2024
World Trade Organization
Statement by Ngozi Okonjo-Iweala following her reappointment as Director-General
WTO, November 29, 2024
WTO General Council reappoints Ngozi Okonjo-Iweala as Director-General for a second term
WTO, November 29, 2024
Okonjo-Iweala given 2nd term as WTO chief as Trump’s return looms over trade body’s future
The Associated Press, November 29, 2024
- FACT SHEET: Delivering for the International Development Association
The White House, November 21, 2024 - New report examines how artificial intelligence may shape future of international trade
WTO, November 21, 2024 - Items proposed for consideration at the next meeting of the Dispute Settlement Body
WTO, November 20, 2024 - Trade in intermediate goods on the rise in Africa
WTO, November 20, 2024 - WTO members consider five regional trade agreements
WTO, November 18, 2024 - WTO members explore ways of revitalizing trade and development work
WTO, November 15, 2024
Trade Agreements/ Cooperation
Canada’s provincial leaders want a free trade deal with the US that excludes Mexico
The Associated Press, November 20, 2024
- Costa Rica receives invitation to join Trans-Pacific Partnership trade agreement
Reuters, November 28, 2024 - Unifor’s Canadian National Railway members vote for strike authorization
American Journal of Transportation, November 25, 2024 - India, Australia firm up clean energy partnership; pushing for mega trade pact
The Economic Times, November 20, 2024 - Argentina’s Milei pivots to pragmatism in first talks with China’s Xi after shaking up the G20
The Associated Press, November 20, 2024 - Yoon, British PM agree to speed up FTA upgrade talks
Yonhap News, November 19, 2024 - Brazil’s G20 summit produces a broad declaration that’s short on specifics
The Associated Press, November 18, 2024 - North American Leaders Talk Cooperation on G20 Sidelines
U.S. News, November 18, 2024 - China’s Xi announces steps to support ‘Global South’ at G20 summit
Reuters, November 18, 2024 - New Zealand Inks ‘Sustainable’ Trade Deal With Switzerland, Costa Rica and Iceland
U.S. News, November 15, 2024 - Canada, Indonesia conclude trade-agreement talks -Video
Canadian Press, November 15, 2024
California
The People’s Voice: Annual Poll Outlines Priorities for New Legislature
CalChamber, November 22, 2024Meet S.F. mayor-elect Daniel Lurie’s secret weapon: His wife, Becca Prowda
The San Francisco Chronicle, November 19, 2024
- California Governor Newsom to propose clean vehicle rebate if Trump cuts EV tax credit
American Journal of Transportation, November 25, 2024 - California opts to preserve credits for dairy digesters in major regulatory update
Agriculture Dive, November 20, 2024 - California retains No. 1 ranking for international student enrollment as concerns grow over Trump
The Los Angeles Times, November 18, 2024
More International Articles
- South Korea parliament votes to defy president, lift martial law order
CBS News, December 3, 2024 - South Korea president declares emergency martial law, sending shockwaves across country
CNN, December 3, 2024 - Imports Are the Habit U.S. Small Businesses Can’t Quit
The Wall Street Journal, December 1, 2024 - LATAM Cargo Group launches pioneering initiative in Chile with recycled plastic pallets
American Journal of Transportation, November 22, 2024 - Danish Navy boards Chinese ship suspected in European undersea cable sabotage — Sweden’s Defense Ministry put freighter at the time and place of the disruption
Toms Hardware, November 20, 2024 - American Companies Are Stocking Up to Get Ahead of Trump’s China Tariffs
The Wall Street Journal, November 20, 2024 - Canada shares U.S. concerns about Mexican trade with China as possible trade talks loom
The Associated Press, November 19, 2024 - Ishiba Gets Green Light for Stimulus with Tax Talks Pledge
Bloomberg, November 19, 2024 - Rescinding US EV tax credit would cede ground to China, Granholm says
Reuters, November 15, 2024 - Euro Area to See Consumer Pickup but Risks Are High, EU Says
Bloomberg, November 14, 2024