Trade Update – September 10, 2024
Featured Headlines
The future of European competitiveness
EU- Europe Commission, September 2024
Draghi Says EU Itself at Risk Without More Funds, Joint Debt
The Gaurdian, September 9, 2024
World Trade Report 2024 highlights trade’s role in supporting inclusiveness
WTO, September 9, 2024
Higher Tariffs to Hit Poorest Countries Hard, Unlikely to Protect Jobs, WTO Says
The Wall Street Journal, September 9, 2024
CalChamber Companies in the News
- Bank of America hires JPMorgan’s Tim Carpenter to co-lead software investment banking, source says
Reuters, September 9, 2024 - Israeli startup Own purchased for $1.9 billion by Salesforce
The Times of Israel, September 6, 2024 - UK clears Microsoft’s partnership with Inflection AI
Reuters, September 4, 2024
Trade Policy
White House
- Statement from White House Press Secretary Karine Jean-Pierre on the Visit of Prime Minister Keir Starmer of the United Kingdom
The White House, September 6, 2024 - US Election a Top Global Risk But Tricky to Forecast, BofA Says
Bloomberg, September 4, 2024
U.S. Department of Commerce
U.S. Department of Commerce Appoints 4 New Members to National AI Advisory Committee
U.S. Department of Commerce, September 5, 2024
- Commerce Department Implements Export Controls on Critical Tech to Protect National Security
ExecutiveGov, September 6, 2024
U.S. Trade Representative
United States and Kenya to Hold Eighth Negotiating Round Under the Strategic Trade and Investment Partnership
United States Trade Representative, September 9, 2024
- Chile Approves Agreement with U.S. to Protect Market Access for U.S. Cheese and Meat Products
United States Trade Representative, September 4, 2024 - ICYMI: Ambassador Katherine Tai Joins Bloomberg’s Odd Lots to Discuss the New Era of Globalization
United States Trade Representative, September 9, 2024
U.S Department of Agriculture
Under Secretary Taylor Launches Vietnam Trade Mission
USDA Foreign Agricultural Service, September 9, 2024
U.S. Department of Treasury
- Treasury Takes Action as Part of a U.S. Government Response to Russia’s Foreign Malign Influence Operations
U.S. Department of the Treasury, September 4, 2024
Export-Import Bank
- Export-Import Bank of the U.S. Chair Lewis Strengthens Critical Minerals Partnerships in Australia
EXIM.GOV, September 9, 2024 - Export-Import Bank of the United States Signs Memorandum of Understanding with Qatar Development Bank
EXIM.GOV, September 4, 2024
World Trade Organization
- WTO Warns Nations That Protectionism May Widen Rich-Poor Gap
SWI swissinfo.ch, September 9, 2024 - Goods barometer rises above trend, signalling upturn in trade volume
WTO, September 4, 2024
Trade Agreements/ Cooperation
- Taiwan’s Delta Electronics aims to double India workforce
Reuters, September 9, 2024 - Ireland gives EUR 720,000 to help developing economies increase participation in trading system
WTO, September 9, 2024 - Indonesia, GCC start talks on free trade agreement
Reuters, September 9, 2024 - India, UAE to review trade deal in talks this week, sources say
Reuters, September 8, 2024 - EU-Mercosur trade talks progress on divisive issues, sources say
Reuters, September 6, 2024 - Xi Pledges $50 Billion for Africa to Shore Up China’s Influence
Bloomberg, September 5, 2024 - What to expect from the Forum on China-Africa Cooperation Summit
Reuters, September 4, 2024
California
California State Trade Expansion Program (STEP)- Application is Now Open!
Export Vouchers – California State Trade Expansion Program (STEP)
- CalChamber Urges Governor to Sign AI Literacy Bill AB 2876
CalChamber, September 9, 2024
More International Articles
- MSC CEO vows to stand alone as global shipping rivals team up
American Journal of Transportation, September 10, 2024 - China’s Exports Jump to Two-Year High in Rare Boost for Economy
Bloomberg, September 10, 2024 - ZIM announces new operational cooperation with MSC covering the strategic Transpacific trade
American Journal of Transportation, September 9, 2024 - French wheat heads to New York as US flour mills keep importing
American Journal of Transportation, September 9, 2024 - As Volkswagen weighs its first closure of a German auto plant, workers aren’t the only ones worried
Associated Press, September 8, 2024 - Unions pledge to leave ‘no idea unexplored’ in tackling VW crisis
Reuters, September 5, 2024 - US Jobs Report May Show Hiring Bounce, Decide Size of Fed Cut
Bloomberg, September 5, 2024 - U.S.-Backed Angola Rail Plan Secures $200M From Key Bank
SupplyChainBrain, September 4, 2024 - Why Catching Up to Starlink Is a Priority for Beijing
Carnegie Endowment for International Peace, September 3, 2024