Trade Update – March 18, 2025
Featured Headlines
California-Sonora Sign Energy Memo of Understanding;
CalChamber Hosts Lunch to Discuss Sonora’s Potential as Clean Energy Hub
CalChamber, March 18, 2025
Guest Commentary: Stronger Together:
German American Trade Relations in a Changing World
Oliver Schramm, Consul General of the Federal Republic of Germany in San Francisco, March 18, 2025
Succeeding Together: U.S.-Ireland Business Report 2025
AmCham, March 2025
East Coast/Gulf Ports Employers, Union Dockworkers Sign Contract
CalChamber, March 18, 2025
ILA and USMA officially sign six-year master contract agreement at ceremonies in NJ
American Journal of Transportation, March 13, 2025
CalChamber Quarterly Economic Report:
Risks to Economic Growth Trajectory
Include Federal Deficit, Asset ‘Bubble’
CalChamber, March 14, 2025
CalChamber Companies in the News
- Israel awards natural gas exploration licenses to BP, Socar and NewMed
Reuters, March 17, 2025
Trade Policy
White House
- Trump administration seeks delay in Nippon Steel case for merger talks, filing shows
Reuters, March 17, 2025 - President Trump Is Standing Up to Terrorism and Protecting International Commerce
The White House, March 15, 2025 - Remarks by President Trump and NATO Secretary General Mark Rutte Before Bilateral Meeting
The White House, March 13, 2025
U.S. State Department
- G7 Foreign Ministers Declaration on Maritime Security and Prosperity
United States Department of State, March 14, 2025 - Time for Peace Between Armenia and Azerbaijan
United States Department of State, March 14, 2025 - Trump drafts three-tier US travel ban targeting 43 countries
The Independent, March 13, 2025
U.S. Department of Commerce
- Readout from Secretary Lutnick’s Meeting with Minister Leblanc, Ontario Premier Ford, Minister Champagne, and Ambassador Hillman
U.S. Department of Commerce, March 13, 2025 - Canadians talk tariffs with U.S., Ford says ‘temperature is being lowered’
Global News, March 13, 2025
U.S. Trade Representative
Notice of Request for Public Comments on Section 232 National Security Investigation of Imports of Timber and Lumber
Federal Register, March 13, 2025
- Ambassador Jamieson Greer Issues Statement on the European Union’s Announced Retaliatory Tariffs
United States Trade Representative, March 12, 2025 - Trump threatens 200% wine tariff if EU does not relent on whiskey
The Associated Press, March 13, 2025 - Europe’s retaliatory tariffs: From chewing gum to washing machines, the products that might be hit
The Independent, March 13, 2025 - 99 page list of products – EU Retaliation List
POLITICO, March 13, 2025
U.S. Department of Treasury
- READOUT: Secretary of the Treasury Scott Bessent’s Call with EU Commissioner Dombrovskis
U.S. Department of the Treasury, March 13, 2025
Small Business Administration
- SBA Administrator Loeffler Visits Indiana to Announce Made in America Manufacturing Initiative
U.S. Small Business Administration, March 11, 2025
Export-Import Bank
- US approves $5 billion loan to TotalEnergies for Mozambique gas project
Reuters, March 14, 2025
World Trade Organization
Goods barometer little changed at start of 2025 but trade policy uncertainty looms
WTO, March 12, 2025
- Canada initiates WTO dispute complaint regarding US steel and aluminium duties
WTO, March 13, 2025 - Members underscore continued focus on trade facilitation implementation and assistance
WTO, March 13, 2025 - China shipowners group says US port fee proposal breaks WTO rules, US law
Reuters, March 13, 2025
Trade Agreements/ Cooperation
- India, New Zealand firm up agreement to bolster defense cooperation
Hindustan Times, March 17, 2025 - Trump ally vows to invest $5bn in Britain
The Telegraph, March 17, 2025 - How many eggs can you send? US asks countries to help lower soaring prices
USA Today, March 16, 2025 - EU announces a $5 billion investment in South Africa as the tariffs war with Trump escalates
The Canadian Press, March 13, 2025 - Armenia and Azerbaijan agree to peace treaty after nearly four decades of war
CNN, March 13, 2025
California
- California businesses are reeling from Trump’s on-again, off-again tariffs
The Los Angeles Times, March 14, 2025 - Port of Oakland’s McKenney talks about partnerships and priorities
American Journal of Transportation, March 13, 2025
More International Articles
- US-EU Tariff Clash Imperils $9.5 Trillion of Business, AmCham Warns
U.S. News, March 17, 2025 - Tech firms must start protecting UK users from illegal content
AOL, March 17, 2025 - France’s Macron calls on Europe to stop buying American military equipment
GZERO, March 17, 2025 - BlackRock to appoint Yu Beihua as new China fund chief, sources say
Reuters, March 13, 2025 - Blackstone to buy 40% stake in India’s Kolte-Patil Developers for $134 million
Reuters, March 13, 2025