Trade Update – November 12, 2024
Featured Headlines
2024 Presidential Transition Updates
Center for Presidential Transition
Tracking Trump’s Cabinet picks
POLITICO
California Election Results
California Secretary of State
International Issues May Advance in Post-Election Congressional Session
CalChamber, November 8, 2024
Montreal dockworkers’ union rejects offer; lockout begins
American Journal of Transportation, November 12, 2024
Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
Supply Chain Dive, November 11, 2024
Join the Upcoming International Interagency Committee Meeting – November 15, 2024
GO-Biz
CalChamber Companies in the News
- Rivian locks in 5-year battery deal with LG Energy Solution
Supply Chain Dive, November 11, 2024
Trade Policy
White House
Notice on the Continuation of the National Emergency With Respect to the Threat From Securities Investments That Finance Certain Companies of the People’s Republic of China
The White House, November 7, 2024
News on the Incoming Administration:
Trump’s Cabinet: Here Are His Picks And Finalists For White House Roles—Kristi Noem, Marco Rubio And More
Forbes November 12, 2024
Trump Says He’ll Tap New York Ally Stefanik as UN Ambassador
Bloomberg November 10, 2024
What are tariffs? What to know about Donald Trump’s plan to tax imports
USA Today, November 11, 2024
McMahon seen as frontrunner to lead Trump’s Commerce Department
Reuters, November 8, 2024
Trump asks Lighthizer to run U.S. trade policy again – report (update)
Seeking Alpha, November 8, 2024
Everything we know about Trump’s policies on tariffs, trade, and taxes
Fortune, November 6, 2024
- Statement from White House Press Secretary Karine Jean-Pierre on the Visit of President Prabowo Subianto of Indonesia
The White House, November 10, 2024 - A Proclamation to Facilitate Positive Adjustment to Competition from Imports of Fine Denier Polyester Staple Fiber
The White House, November 8, 2024 - Statement from White House Press Secretary Karine Jean-Pierre on President Biden’s travel to Peru and Brazil
The White House, November 7, 2024
U.S. Department of Commerce
- U.S. Department of Commerce Senior Officials to Participate in United Nations COP 29 Climate Conference in Baku
U.S. Department of Commerce, November 12, 2024 - Biden-Harris Administration Announces Preliminary Terms with Corning and Powerex to Support U.S. Supply Chain Resiliency
U.S. Department of Commerce, November 8, 2024
U.S. Trade Representative
- Ambassador Tai to Travel to Lima, Peru
United States Trade Representative, November 8, 2024
U.S. Department of Agriculture
- USDA cuts soybean production outlook. Will it help prices?
Agriculture Dive, November 11, 2024 - Under Secretary Taylor Hosts Vietnam’s Largest Agribusiness Trade Mission
USDA Foreign Agricultural Service, November 7, 2024
World Trade Organization
Okonjo-Iweala is unchallenged for second term as WTO chief
POLITICO, November 11, 2024
General Council Chair to convene meeting on selection of next Director-General
WTO, November 11, 2024
Nominations for Director-General closed; Ngozi Okonjo-Iweala confirmed as sole candidate
WTO, November 9, 2024
Trade Agreements/ Cooperation
- UK Nears Free Trade Agreement With Gulf Countries Including Saudi Arabia
Bloomberg, November 12, 2024 - Prime Minister re-establishes the Cabinet Committee on Canada-U.S. Relations
Prime Minister of Canada, November 7, 2024 - Peru and China to sign strengthened free-trade agreement in Xi’s APEC visit
Reuters, November 12, 2024 - Ontario Premier Floats US-Canada Trade Deal Without Mexico
Bloomberg, November 11, 2024 - Singapore and China sign 25 agreements at annual top-level bilateral meeting to boost cooperation
CNA, November 11, 2024 - UAE, Brazil strengthen bilateral cooperation and discuss international developments
ZAWYA, November 8, 2024 - In victory message to Trump, Xi hopes China, US can find a way to get along
South China Morning Post, November 7, 2024
California
- California farmers enjoy pistachio boom, with much of it headed to China
China Associated Press, November 9, 2024 - Ballot Measures: Voters, CalChamber in Alignment
CalChamber, November 8, 2024 - California’s Hydrogen Economy: Paving a Path Toward Net-Zero
CalChamber, November 8, 2024 - The California Legislature set a record for women in office and could see historic gender parity
CalMatters, November 8, 2024
More International Articles
Business Plan in Eurasia/Turkiye/China: Call for Interest
Professor Trevor Gunn, Adjunct Professor, School of Foreign Service Georgetown University
- Exclusive: Unilever, Procter & Gamble face risk from Trump’s threatened Mexico tariffs
Reuters, November 7, 2024 - China’s Export Growth Accelerates as Tariff Threat Looms
The Wall Street Journal, November 7, 2024 - Bank of England policymakers speak after cutting rates
Reuters, November 7, 2024 - Mexico to Boost Reserves, PEMEX Open to Private Participation
Mexico Business News, November 5, 2024 - US suppliers, importers prepare for promised Trump tariffs
American Journal of Transportation, November 6, 2024 - At Start-Ups, Foreigners Need Not Apply
The Stanford Review, October 21, 2024