Trade Update – February 25, 2025
Trade
Featured Headlines
Guest Commentary: The True Cost of U.S. Tariffs on Canada
Rana Sarkar, Consul General of Canada in Northern California, February 25, 2025
Trump Says Canada and Mexico Tariffs Are ‘Going Forward’ With More Import Taxes to Come
The Associated Press, February 24, 2025Trump indicates Canada, Mexico tariffs will take effect next week
POLITICO, February 24, 2025
Canada, Mexico to step up fentanyl, border talks this week to avoid Trump’s tariffs
American Journal of Transportation, February 24, 2025
CalChamber Companies in the News
- Pan Pacific International’s US subsidiary to buy Mikuni Restaurant Group
Global Data, February 20, 2025 - Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
WIRED, February 20, 2025
Trade Policy
White House
Trump Eyes Tariffs to Counter Digital Taxes Big Tech Loathes
Bloomberg, February 22, 2025
Defending American Companies and Innovators from Overseas Extortion and Unfair Fines and Penalties
The White House, February 21, 2025
- Trump meets with French President Macron at the White House, talk Ukraine deal
USA Today, February 25, 2025 - Fact Sheet: President Donald J. Trump Encourages Foreign Investment While Protecting National Security
The White House, February 21, 2025 - EU official meets with Trump counterparts to resolve tariff threats
The Associated Press, February 20, 2025
U.S. Department of State
- Sanctions on Iran’s Oil Trade to Reimpose Maximum Pressure
United States Department of State, February 24, 2025 - Secretary Rubio’s Meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan
United States Department of State, February 19, 2025
U.S. Department of Commerce
- President Trump Participates in a Ceremonial Swearing In of Secretary of Commerce Howard Lutnick
U.S. Department of Commerce, February 24, 2025 - Trump mulls bringing US Postal Service into Commerce Department
Supply Chain Dive, February 24, 2025
U.S. Trade Representative
- USTR Seeks Public Comment on Proposed Actions in Section 301 Investigation of China’s Targeting of the Maritime, Logistics, and Shipbuilding Sectors for Dominance
United States Trade Representative, February 21, 2025 - USTR Seeks Comment from the Public on Unfair and Non-Reciprocal Foreign Trade Practices
United States Trade Representative, February 20, 2025
U.S. Department of Treasury
- Treasury Imposes Additional Sanctions on Iran’s Shadow Fleet as Part of Maximum Pressure Campaign
U.S. Department of the Treasury, February 24, 2025
World Trade Organization
- Need to deepen discussions on WTO reform highlighted at General Council meeting
WTO, February 19, 2025
Trade Agreements/ Cooperation
- India, Britain Step up Trade Talks Amid Trump Tariff Threats
Reuters, February 24, 2025 - Ukraine, US in ‘final stages’ of agreeing minerals deal, Kyiv says
American Journal of Transportation, February 24, 2025 - Australia treasurer to discuss tariffs with US Treasury’s Bessent in Washington
American Journal of Transporatation, February 23, 2025 - UAE, Italy sign three investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centres, AI
Emirates News Agency, February 24, 2025 - Abu Dhabi signs groundbreaking agreements with China to strengthen economic, business partnerships
Emirates News Agency February 22, 2025 - Pakistan, Turkiye eye $5b trade partnership
The Express Tribune, February 22, 2025 - Russia Signs Memorandum To Build Port In Myanmar
GCaptain, February 23, 2025 - Malaysia says ASEAN plans U.S summit to discuss tariff concerns
Reuters, February 20, 2025
California
CalChamber Webinar: Preparing for Potential Immigration Enforcement in the Workplace – Wednesday February 26, 2025, 10 am PST
- Port of LA handled 924,000 containers in January but tariffs loom large
American Journal of Transportation, February 20, 2025 - California almond farmers worry about potential tariffs – Video
KXTV- TV Sacramento, February 21, 2025
More International Articles
- Germany’s election result cements a shift to the right in Europe
The Associated Press, February 24, 2025 - Who Really Controls the Panama Canal? The Truth Behind Trump’s Claims
GCaptain, February 24, 2025 - US manufacturers see higher metal prices as tariffs near
American Journal of Transportation, February 24, 2025 - Drugmaker Amgen to invest $200 million in India site, CEO says
American Journal of Transportation, February 24, 2025 - Trump Proposes New Ship Fees To Challenge China’s Maritime Might
GCaptain, February 22, 2025 - Honda exec says US tariffs could cause $20B impact
Supply Chain Dive, February 21, 2025 - Brazil steelmaker Gerdau rethinks Mexico mill after Trump tariffs
Reuters, February 20, 2025 - EU trade chief says US shows willingness to work avoid tariff pain
American Journal of Transportation, February 20, 2025 - Trump adds lumber to list of goods facing tariffs over ‘next month or sooner’
American Journal of Transportation, February 20, 2025 - Breaking Down America’s Biggest Container Ports: 2024 Trade Insights
Pacific Merchant Shipping Association, February 20, 2024 - Protecting Navigation and the Commerce Clause in 2025
Pacific Merchant Shipping Association, February 12, 2025