Trade Update – March 11, 2025
Featured Headlines
Trade Policy Expert Details Economic Impacts of Newly Declared Tariffs
CalChamber, March 11, 2025
Trump says he’ll raise tariffs on Canadian steel and aluminum to 50%
The Washington Post, March 11, 2025
Official U.S. Customs and Border Patrol statement on tariffs
American Journal of Transportation, March 10, 2025
Trump delays tariffs on many Canadian, Mexican imports for one month
POLITICO, March 6, 2025
Trump delays Mexico tariffs after ‘excellent and respectful’ call with Sheinbaum
Mexico News Daily, March 6, 2025
Trump and Trudeau talk tariffs, relief possible for auto sector
American Journal of Transportation, March 5, 2025
CalChamber Companies in the News
- Rivian Expands Commercial Van Sales to Fleets Across the US
Automotive Fleet, March 10, 2025
Trade Policy
White House
Fact Sheet: President Donald J. Trump Adjusts Tariffs on Canada and Mexico to Minimize Disruption to the Automotive Industry
The White House, March 6, 2025
Amendment to Duties to Address the Flow of Illicit Drugs Across Our Southern Border
The White House, March 6, 2025
Amendment to Duties to Address the Flow of Illicit Drugs Across Our Northern Border
The White House, March 6, 2025
- Trump’s pedal to the metals
POLITICO, March 10, 2025 - Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile
The White House, March 6, 2025 - Trump Hails ‘Reclaiming’ of Panama Canal After BlackRock-led Group’s Deal to Buy Stake
GCaptain, March 5, 2025 - Trump Orders New White House Shipbuilding Office Amid Rising China Maritime Dominance
GCaptain, March 4, 2025 - CK Hutchison to Sell Panama Port Assets at Center of Geopolitical Storm
GCaptain, March 4, 2025
U.S. State Department
- Rubio says Trump administration canceling 83% of programs at USAID and intends to move remaining ones to State Department
CNN, March 10, 2025
U.S. Department of Commerce
- US Commerce Department finalises determinations on Chinese aluminium imports
Global Data, March 11, 2025 - Trump will not ease up on fentanyl-related tariffs, US commerce secretary says
American Journal of Transportation, March 10, 2024
U.S. Trade Representative
Public Hearing Regarding Section 301 Investigation on China’s Acts, Policies, and Practices Related to Targeting of the Semiconductor Industry for Dominance
United States Trade Representative, March 7, 2025
U.S. Department of Agriculture
- Farmers put plans, investments on hold under Trump USDA spending freeze
American Journal of Transportation, March 10, 2025
U.S. Department of Treasury
- US Treasury’s Bessent outlines plans to reshape global trade, ease bank regulations
American Journal of Transportation, March 7, 2025
Export-Import Bank
- Bryce McFerran Appointed Acting Chief Banking Officer of Export-Import Bank of the United States
EXIM, March 7, 2025
World Trade Organization
- World Trade Organization chief says US concerns on tariffs need to be heard
The Associated Press, March 7, 2025 - Angela Merkel highlights multilateralism’s role in global co-operation, women’s participation in trade
WTO, March 7, 2025 - China files revised dispute consultations request with United States on tariff measures
WTO, March 5, 2025
Trade Agreements/ Cooperation
USMCA Forward 2025
Brookings, March 5, 2025
- US open to minerals partnerships with Democratic Republic of Congo
American Journal of Transportation, March 10, 2025 - India, EU huddle for trade agreement talks amid rising geopolitical tensions over Trump tariffs
First Post, March 10, 2025 - Vietnam to sign U.S. deals as trade, energy officials meet, document shows
Reuters, March 10, 2025 - South Korea seeks to resolve any ‘misunderstanding’ with US about tariff rates
Reuters, March 9, 2025 - Hungary and US to agree on economic cooperation package, PM Orban says
Reuters, March 8, 2025 - Ministers from Japan and UK agree to promote free trade amid Trump tariff threats
ABC News, March 7, 2025
California
California exports surge; Outlook for trade downright clouded
American Journal of Transportation, March 7, 2025
- Edison CEO Says Tariffs Risk Raising Electric Rates
Bloomberg, March 7, 2025 - US agency blocks vote to repeal California EV rules
Reuters, March 6, 2025 - Trump’s tariffs are already rattling California’s tech sector
POLITICO, March 5, 2025
More International Articles
- Argentina government publishes decree backing new IMF program
Reuters, March 11, 2025 - Container ship collides with anchored US-flagged oil tanker in North Sea
ABC News, March 10, 2025 - Companies eye US expansion to lessen fallout from potential tariffs
Reuters, March 10, 2025 - China’s Retaliatory Tariffs on US Farm Goods Take Effect Monday
Bloomberg, March 10, 2025 - Ex-central banker to replace Trudeau as Canada’s prime minister after winning Liberal Party vote
The Associated Press, March 9, 2025 - China learned from Trump’s first trade war and changed its tactics when tariffs came again
The Associated Press, March 8, 2025 - Global coffee trade grinding to a halt, hit hard by brutal price hikes
American Journal of Transportation, March 7, 2025 - Slump in Shanghai spot rates may be a ‘taste of what’s to come’ for air cargo’s e-commerce volumes
American Journal of Transportation, March 6, 2025 - Mexico to Review China Tariffs in Potential Win for Trump
Bloomberg, March 6, 2025 - Tariff ‘Earthquake’ Sends Shipping Executives Into Crisis Mode
GCaptain, March 5, 2025 - Navy Shipbuilding Crisis: GAO Finds Billions Spent Without Strategy as Fleet Goals Remain Unmet
GCaptain, March 4, 2025