Trade Update – October 14, 2025
Featured Headlines
18th Anniversary Edition – Trade Update
Thanks to our over 5,000 readers around the world for your continued interest and support.
Eighteen years ago, on October 1, 2007,
the California Council for International Trade (CCIT) merged with
the California Chamber of Commerce International Trade Committee to create the CalChamber Council for International Trade,
which expands California’s voice on trade.
Please visit the CalChamber’s “History of the CCIT,” and visit our Archive for past Trade Updates!
Susanne Stirling, Senior Vice President, International Affairs
Xóchitl Bartolomé, Admin Assistant, International Affairs and Corporate Relations
And thanks to the
CalChamber Communications Department!
John Myers, Senior Vice President of Communications
and External Affairs
Ann Amioka, Vice President, Communications
Steve Dormann, Web Managing Editor
Neil Ishikawa, Art Director
Lisa Haggard, Communications Assistant
California Trade Mission: Poland and Ukraine
November 11-14, 2025
GO-Biz
China’s rare earth gambit reveals the next phase of
its economic warfare
POLITICO, October 11, 2025
Trump threatens tariffs on China, says he may cancel meeting with Xi
The Washington Post, October 10, 2025
Shipping Fees:
U.S. Imposes New Fees on Chinese Ships
CalChamber, October 14, 2025
USTR Modifies Certain Aspects of Section 301 Ships Action and Proposes Further Modifications to the Action
United States Trade Representative, October 10, 2025
CSMS # 66427144 – Section 301 Vessel Fees
U.S. Customs and Border Protection, October 3, 2025
World Economic Outlook – Global Economy in Flux,
Prospects Remain Dim
International Monetary Fund, October 2025
IMF upgrades US growth outlook as Trump’s tariffs
cause less disruption, for now
The Associated Press, October 14, 2025
CalChamber Members in the News
- Iraq, Exxon sign agreement to help develop oilfield
Reuters, October 10, 2025
Trade Policy
White House
Carney meets Trump in search of ‘best deal for Canada’
BBC, October 7, 2025
U.S. Department of Commerce
- Senate confirms multiple key leaders to Department of Commerce
Manufacturing Dive, October 9, 2025
U.S. Trade Representative
Ambassador Greer Issues Statement on Trade Negotiation
Progress with Cambodia
United States Trade Representative, October 10, 2025
U.S. Department of Treasury
US makes peso purchase in controversial Argentina rescue plan
BBC, October 9, 2025
- Bessent says US in talks with China to prevent new trade war
POLITICO, October 13, 2025
World Trade Organization
- Senate sends Trump’s ambassador to WTO he has weakened
POLITICO, October 7, 2025 - AI goods and frontloading lift world trade in 2025 but outlook dims for 2026
WTO, October 7, 2025 - WTO Fish Fund fully operational, first Call for Proposals closes next week
WTO, October 2, 2025
Trade Agreements/ Cooperation
- India, US to hold trade talks this week in Washington, source says
Reuters, October 13, 2025 - Trinidad and Tobago secures US permission to negotiate gas deal with neighboring Venezuela
The Associated Press, October 9, 2025 - Bangladesh approves US wheat imports, hoping to ease trade tensions
Reuters, October 7, 2025 - S. Korea, China FMs agree on efforts to develop ties through APEC summit in phone talks
Yonhap News, October 7, 2025 - Brazil’s Lula asks Trump to remove tariffs and sanctions
Reuters, October 6, 2025 - Mexico’s Sheinbaum ‘confident’ in favorable trade deals, readies tech projects
The American Journal of Transportation, October 6, 2025
California
California partners with Belgium to boost business, strengthen economic ties
Governor of California, October 6, 2025
- Port of Long Beach’s Mario Cordero is retiring
American Journal of Transportation, October 3, 2025 - Governor Newsom signs legislation to advance California’s position as the epicenter of global innovation
Governor of California, October 3, 2025
More International Articles
- Canada foreign minister meets India’s Modi amid thawing ties
BBC, October 13, 2025 - Pakistani troops on high alert on Afghan border after fighting, trade halts
Reuters, October 13, 2025 - 29 European Countries Will Now Require Biometric Data For Entry
TravelNoire, October 9, 2025 - Algeria plans $60 billion energy investment over five years, Energy minister says
Reuters, October 6, 2025 - European freight forwarders focus on cost-cutting rather than M&A
American Journal of Transportation, October 2, 2025 - Maia Sandu, Moldova’s pro-Western president, cements power after the party she founded wins election
The Associated Press, September 30, 2025