Trade Update – October 21, 2025
Featured Headlines
IMO net-zero shipping talks to resume in 2026
International Maritime Organization, October 17, 2025
IMO Delays Vote on Global Shipping Carbon Tax by One Year After U.S. Pressure Campaign
GCaptain, October 17, 2025
United States-Australia Framework For Securing of Supply in the Mining and Processing of Critical Minerals and Rare Earths
The White House, October 20, 2025
Fact Sheet: President Donald J. Trump Closes Billion-Dollar Deals with Australia
The White House, October 20, 2025
CalChamber Members in the News
- BP Confirms Oil and Gas Discovery in Namibia’s Hottest Offshore Basin
Oil Price US, October 20, 2025
Trade Policy
White House
Adjusting Imports of Medium- And Heavy-Duty Vehicles, Medium- And Heavy-Duty Vehicle Parts, And Buses into The United States
The White House, October 17, 2025
Fact Sheet: President Donald J. Trump Addresses the Threat to National Security from Imports of Medium and Heavy-Duty Vehicles, Parts, and Buses
The White House, October 17, 2025
- Argentina, US sign $20 billion currency deal: Trump says country “dying”
Axios, October 20, 2025 - Trump Turns Up Heat on Latin America
The Wall Street Journal, October 20, 2025 - Trump vows to keep ‘massive’ tariffs on India until Russian oil imports cease
Reuters, October 20, 2025 - The Latest: Trump to meet with Australian leader at White House
The Associated Press, October 20, 2025 - Diplomacy in Action: Trump to witness Thailand-Cambodia peace deal at ASEAN Summit
CNBC, October 14, 2025
U.S. Department of Commerce
- Trump approves expanding credits for US auto production, issues new 25% truck duties
Reuters, October 18, 2025
U.S. Trade Representative
- Manufacturers and Industry Leaders Applaud Ambassador Greer’s Remarks for the Global Forum on Steel Excess Capacity’s Ministerial Meeting
United States Trade Representative, October 17, 2025 - Joint Statement by United States Trade Representative Jamieson Greer, Secretary of State Rubio, and Minister of Foreign Affairs for Brazil Mauro Vieira
United States Trade Representative, October 16, 2025
U.S. Department of Treasury
Statement from U.S. Secretary of the Treasury Scott Bessent for the World Bank Development Committee and IMF International Monetary and Financial Committee
U.S. Department of the Treasury, October 15, 2025
- China and US agree to fresh trade talks
The Economic Times, October 18, 2025
World Trade Organization
- Exclusive-WTO chief urges US, China to de-escalate trade war, or risk long-term hit to global growth
Reuters, October 20, 2025 - China removes top trade negotiator from former WTO post
Reuters, October 19, 2025
Trade Agreements/ Cooperation
- Brazilians like Indians: Lula eyes alliance with New Delhi to boost both economies
India Today, October 19, 2025 - Britain’s BP tapped as preferred bidder for S. Korea’s deep-sea gas project: sources
Yonhap News, October 19, 2025 - Australia Pitches to Be US Fix for China’s Rare Earths Curbs
Bloomberg, October 19, 2025 - Morocco and Russia deepen strategic ties with new agreements on fisheries, trade, and energy
Hespress, October 17, 2025
California
CalChamber Final Status Report on Major Legislation for Business
CalChamber, October 17, 2025
California falls to world’s fifth-largest economy
Orange County Register, October 16, 2025
- Governor Newsom Signs Coordination Bills to Establish the California Education Interagency Council
California Competes, October 9, 2025
More International Articles
- Vietnam’s budget carrier Vietjet ends operations of Chinese-made COMAC aircraft, sources say
Reuters, October 20, 2025 - China’s economy grows 4.8% in third quarter as expected, but investment sees ‘rare and alarming’ drop
CNBC, October 19, 2025 - Yen eases as dovish Takaichi set to become Japan PM, Aussie gains
Reuters, October 19, 2025 - To hit back at the United States in their trade war, China borrows from the US playbook
The Associated Press, October 19, 2025 - Commentary: Purges, personnel, and policy: a primer on China’s Fourth Plenum
Brookings, October 13, 2025