Trade Update – July 21, 2026
Featured Headlines
Ambassador Greer to Travel to Mexico for Continued USMCA Joint Review Bilateral Talks
United States Trade Representative, July 17, 2026
USMCA enters a new era: What the next 10 years mean for U.S. Importers
American Journal of Transportation, July 17, 2026
Trump imposes 50% tariffs on Canadian goods, citing disputes over autos, alcohol and cheese
The Associated Press, July 20, 2026
Fact Sheet: President Donald J. Trump Imposes Additional Tariffs on Canada
The White House, July 20, 2026
Affordable CA Qualifies for November 2026 Ballot as Momentum Builds
for Landmark Cost-of-Living Measure
CalChamber, July 17, 2026
ICYMI: New PPIC Poll Shows Three in Four Likely California Voters Support Prop 45
Yes on Prop 45, July 15, 2026
Bank of America CEO says U.S. could see $20 billion in economic impact from World Cup- VIDEO
CBS News Videos, July 16, 2026
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
CNBC, July 15, 2026
Yemen’s Houthis declare naval blockade on Saudi Arabia, widening threat to global oil supplies
American Journal of Transportation, July 20, 2026
The U.S.-Iran battle over the Strait of Hormuz raises risks for global waterways
NPR, July 17, 2026
Analysis of U.S. Commercial Service User Fees
By, Dr. John Paurnoor, NADEC Trade Policy Chair, 2026
CalChamber Status Update Report on Major Legislation for Business
CalChamber, July 17, 2026
Film Tax Credit Expansion to Generate $6.6 Billion in Economic Impact
CalChamber, July 17, 2026
The White House
- Fact Sheet: President Donald J. Trump Takes Further Action to Adjust Imports of Aluminum into The United States
The White House, July 20, 2026 - Fact Sheet: President Donald J. Trump Secures America’s Defense Supply Chains and Ensures Domestic Acquisition of Critical Materials
The White House, July 20, 2026 - Trump administration races the clock to rebuild the tariff wall
Los Angeles Times, July 17, 2026 - US announces new 25% tariffs on Brazil for ‘unfair’ trade practices
CNN, July 16, 2026 - Democratic opposition over Trump tariffs complicates Russian sanctions push
The Hill, July 15, 2026
U.S. Department of Commerce
- Trump Administration Secures an Additional $100 Billion U.S. Semiconductor Manufacturing Investment for a Total of $265 Billion from TSMC
July 16, 2026 - TSMC plans record spending, $100 billion US investment as AI fuels earnings beat
The Wall Street Journal, July 16, 2026
United States Trade Representative
- Ambassador Greer Issues Statement on President Trump Imposing Section 338 Tariffs on Canada
July 21, 2026 - American Farmers, Loggers, and Industry Leaders Applaud President Trump’s Bold Tariff Action Regarding Brazil’s Unreasonable Acts, Policies, and Practices
July 19, 2026
U.S. Department of Treasury
- US restores preferential trade privileges for Hong Kong, drawing thanks from China
The Associated Press, July 17, 2026
Export Import Bank
- Chairman Jovanovic Outlines EXIM’s Role in Securing Supply Chains and Rebuilding the Industrial Base
July 17, 2026
World Trade Organization
- The value of the WTO: An economic viewpoint in six instalments Part II: Why MFN matters
July 16, 2026
Trade Agreements/ Cooperation
- US oil firms sign deals with Iraq to develop alternative shipping routes
The Independent, July 17, 2026 - France, Germany plan ‘roadmap’ to tackle China trade imbalances
AFP, July 17, 2026