Trade Update – October 15, 2024
Featured Headlines
Statement by IMF Deputy Managing Director Kenji Okamura at the Conclusion of the 45th ASEAN Summit
International Monetary Fund, October 11, 2024
Partners in Prosperity: Exploring the Significance of Canada – U.S. Trade
Canadian Chamber of Commerce, October 2024
Hurricane Milton’s supply chain impact: What to know
Supply Chain Dive, October 10, 2024
Port strike leaves lingering logistics effects, analysts say
Supply Chain Dive, October 9, 2024
CalChamber Companies in the News
- Disney’s New Affordable Housing Project Gets Green Light
Newsweek October 14, 2024 - We’re on a journey’: How Volvo is disrupting the auto industry again
ABC News, October 13, 2024 - Honeywell: Shaping the Future Across Industries Around the World
CalChamber, October 11, 2024
Trade Policy
White House
FACT SHEET: Delivering on Our Commitments, 12th U.S.-ASEAN Summit in Vientiane, Lao PDR
The White House, October 10, 2024
- Walking Out by Michael Beeman: New Book Unravels the Shift in America’s Trade Policy and Its Global Consequences
Stanford, October 2024
U.S. Department of Commerce
- Readout of Secretary Raimondo’s Meeting with the U.S. Travel and Tourism Advisory Board
U.S. Department of Commerce, October 11, 2024 - Readout of Secretary Raimondo’s Meeting with Italian Prime Minister Giorgia Meloni
U.S. Department of Commerce, October 10, 2024 - U.S. Secretary of Commerce Gina Raimondo to Travel to Rome for G7 Ministerial
U.S. Department of Commerce, October 9, 2024
U.S. Trade Representative
- USTR Opens Exclusion Process for Certain Machinery Used in Domestic Manufacturing
United States Trade Representative, October 15, 2024 - Forged in steel: Acting Secretary Su, US Trade Representative Tai, U.S. Rep. Houlahan visit Cleveland-Cliffs Coatesville to discuss domestic manufacturing
Daily Local News, October 15, 2024
U.S. Department of Agriculture
USDA Recruiting Exporters for February Trade Mission to Thailand
USDA Foreign Agricultural Service, October 15, 2024
- FAS International Staff Get a Taste of U.S. Southwest Agriculture
USDA Foreign Agricultural Service, October 9, 2024 - USDA Awards First $25 Million for Assisting Specialty Crop Exports
USDA Foreign Agricultural Service, October 9, 2024
U.S. Department of Treasury
- Remarks by Under Secretary for International Affairs Jay Shambaugh on the Essential Role of the International Financial Institutions for the Global and U.S. Economies
U.S. Department of the Treasury October 11, 2024 - Treasury official says withdrawing the US from the IMF and World Bank would be a ‘step backward’
The Associated Press, October 11, 2024
Export-Import Bank
- Export-Import Bank of the United States Board of Directors Supports Nearly $700 Million Transaction
EXIM, October 11, 2024 - Export-Import Bank of the U.S. Chair Lewis Expands Nuclear and Clean Energy Partnerships in London
EXIM, October 10, 2024
World Trade Organization
WTO Forecasts Gradual Trade Recovery In 2024, 2025
Barron’s, October 10, 2024
Global goods trade on track for gradual recovery despite lingering downside risks
WTO, October 10, 2024
- DG Okonjo-Iweala at World Food Forum: Trade is vital for ensuring food security
WTO, October 14, 2024 - Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says
Reuters, October 10, 2024 - DDG Hill highlights benefits of re-globalization for resilient, inclusive global economy
WTO, October 9, 2024 - China files complaint against Turkey at WTO over electric vehicle tariffs
Reuters, October 8, 2024
Trade Agreements/ Cooperation
- India and Gulf nations top UK trade deal agenda, confirms business minister
Invezz, October 14, 2024 - Germany’s Scholz pledges support for EU membership of Western Balkan states
AA, October 14, 2024 - Pakistan, China agree to further enhance bilateral cooperation in multiple sectors
Business Recorder, October 14, 2024 - BOI-Kotra deal spurs cross-border investments
Business Mirror, October 14, 2024 - U.S., ASEAN nations agree to new set of economic and defense policies
UPI News, October 12, 2024 - US gives USD 600,000 to strengthen trade expertise in developing economies and LDCs
WTO, October 9, 2024 - Mexico takes the US side in potential trade battles with China and seeks to boost local content
Associated Press, October 9, 2024
California
Legislative Session Wraps: CalChamber and Strategic Partners Secure Big Wins for Business -Commentary by Jennifer Barrera
CalChamber, October 15, 2024
Final Status Report Shows Major Battles for Business
CalChamber, October 11, 2024
- California passes Responsible Textile Recovery Act
Supply Chain Dive, October 10, 2024 - New Report Finds California Motion Picture and TV Industry Dynamic and Competitive
CalChamber, October 10, 2024 - EPA to Enforce Warehouse Emission Regulations in California
Transport Topics, October 8, 2024
More International Articles
- Statement on the Passing of Former U.S. Chamber of Commerce CEO Thomas J. Donohue
U.S. Chamber of Commerce, October 14, 2024 - Denmark’s Lundbeck bets on epilepsy drug with $2.6 bln Longboard deal
Reuters, October 14, 2024 - London Gateway Set to Become Britain’s Largest Container Port with $1.3 Billion Expansion
GCaptain, October 14, 2024 - China Ends War Games Encircling Taiwan… For Now
GCaptain, October 14, 2024 - Indonesia asks Apple, Google to block China’s Temu to protect small merchants
Reuters, October 12, 2024 - France Is Now in Purgatory for ‘Fiscal Murder’
Bloomberg, October 10, 2024 - VesselBot reveals dramatic shift in US-China trade patterns, highlighting Mexico’s emerging role
American Journal of Transportation, October 10, 2024 - Egypt’s annual urban inflation rate rises to 26.4% as subsidy cuts bite
The National, October 10, 2024 - Biden-Harris Administration announces preliminary terms with Edwards Vacuum to bring specialized dry vacuum pump manufacturing to the U.S.
American Journal of Transportation, October 10, 2024 - Top officials from US, China and Russia among attendees for East Asia Summit in Laos
The Candian Press, October 10, 2024 - Family Savings Shift to IPOs Raises Bubble Concerns -India
The Arabian Post, October 9, 2024 - RBNZ Cuts Interest Rates to 4.75% Amid Economic Slowdown
EconoTimes, October 9, 2024