Trade Update – October 29, 2024
Trade
Featured Headlines
Survey: Californians Recognize Importance of Global Connections
CalChamber, October 23, 2024
Joint Statement Regarding Resumption of ILA-USMX Negotiations
USMX, October 25, 2024
ILA and USMX to Resume Negotiations That Could Make or Break U.S. Supply Chains in 2025
GCaptain, October 25, 2024
CalChamber Companies in the News
- DisneylandForward Project Set to Invest $1.9B in Community, Infrastructure, Jobs
CalChamber, October 24, 2024 - Coca-Cola eyes top-end of 2024 sales view on resilient soda demand in US
Reuters, October 23, 2024
Trade Policy
White House
- Joint Readout of the Trilateral National Security Advisors meeting between the United States, the Republic of Korea and Japan
The White House, October 25, 2024 - FACT SHEET: Vice President Harris Announces Record Lending to Small Businesses in 2024 and New Actions to Cut Red Tape and Expand Contracting Opportunities
The White House, October 24, 2024 - A Proclamation on United Nations Day, 2024
The White House, October 23, 2024
U.S. Department of Commerce
- Commerce Department to Make $325M Investment in Polysilicon Producer
Executive.gov, October 23, 2024
U.S. Trade Representative
Readout of Ambassador Tai’s Bilateral Meetings at the G20 Trade and Investment Ministers’ Meeting
United States Trade Representative, October 25, 2024
- USTR Launches Tariff Exclusion Process for China-Made Textile Production Machinery
Sourcing Journal, October 24, 2024
U.S. Department of Treasury
- United States and Taiwan to Begin Negotiating A Comprehensive Tax Agreement To Address Double Taxation
U.S. Department of Treasury, October 29, 2024 - READOUT: Sixth Meeting of the Economic Working Group Between the United States and the People’s Republic of China
U.S. Department of the Treasury, October 25, 2024 - U.S. Department of the Treasury Releases Final Rules to Onshore Clean Energy Technologies, Strengthen Critical Minerals Supply Chains, and Expand U.S. Manufacturing Base as Part of Investing in America Agenda
U.S. Department of the Treasury, October 24, 2024 - READOUT: Under Secretary for International Affairs Jay Shambaugh’s Meeting with Cabinet Secretary for the National Treasury and Economic Planning John Mbadi of Kenya and Central Bank of Kenya Governor Kamau Thugge
U.S. Department of the Treasury, October 22, 2024
Export-Import Bank
Export-Import Bank of the U.S. Holds Meetings with Global Delegations During IMF-World Bank Week to Discuss EXIM Financing Opportunities
EXIM, October 29, 2024
World Trade Organization
- Germany pledges EUR 150,000 to help developing economies meet farm trade standards
WTO, October 24, 2024 - DG Okonjo-Iweala: Increasing supply chain finance empowers small businesses to boost trade
WTO, October 25, 2024
Trade Agreements/ Cooperation
IMF Lowers Global Growth Forecast, Warns of Increasing Risks
Bloomberg, October 22, 2024
World Economic Outlook, October 2024: Policy Pivot, Rising Threats
International Monetary Fund, October 2024
- After PM Modi’s bilateral with Spanish counterpart, EU & India push for ‘early’ Free trade agreement
The Times of India, October 28, 2024 - Uganda, Serbia sign to revive 1963 trade agreement
The Independent, October 27, 2024 - Germany’s Scholz concludes India trip as 27 new agreements signed
DPA International, October 26, 2024 - Ukraine aims to develop relations with Egypt
RBC Ukraine, October 26, 2024 - Australia and UK announce new deal to tackle climate crisis at Samoa
The Independent, October 24, 2024 - Turkey to seek improved Africa cooperation in Djibouti talks, officials say
Reuters, October 24, 2024 - Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
The Associated Press, October 23, 2024 - European leaders meet to re-energise offshore wind power
AFP, October 23, 2024
California
- Newsom calls for big boost in funding for California’s film and TV tax credit, throwing Hollywood a lifeline
Los Angeles Times, October 27, 2024 - California’s Voting Leave Requirements for Employers
CalChamber, October 25, 2024
More International Articles
- Putin Admits Economic ‘Difficulties’ as Interest Rates Skyrocket
Newsweek, October 29, 2024 - IMF sounds the alarm: ‘There can be no productive economy’ in Germany without structural change
Fortune, October 29, 2024 - Thousands protest in Georgia as opposition challenges election results
Reuters, October 28, 2024 - How Japan faces political upheaval after LDP loses majority for first time in 15 years
First Post, October 28, 2024 - Panama Canal Defies Drought with $3.45 Billion Profit Despite Fewer Ships
GCaptain, October 25, 2024 - Schwarzman Says US to Avoid Recession Regardless of Election
Bloomberg, October 23, 2024 - Arm to Scrap Qualcomm Chip Design License in Feud Escalation
Bloomberg, October 23, 2024 - Mexico announces food and agriculture plan that could take the country back to the 1980s
The Associated Press, October 22, 2024 - Why U.S. exporters are rushing to ship out soybeans ahead of the 2024 election
Fast Company, October 22, 2024 - Tokyo Metro on market fast track with 45% jump in debut
Reuters, October 22, 2024 - Exclusive: TSMC told US of chip in Huawei product after TechInsights finding, source says
Reuters, October 22, 2024