Trade Update – September 17, 2024
Featured Headlines
Australia Consul General Highlights Strong California Links for Clean Energy Projects
CalChamber, September 17, 2024
CalChamber Companies in the News
- General Motors and Hyundai to work together on new vehicle development
Seeking Alpha, September 12, 2024 - DHL launches its first Electric Vehicle Center of Excellence network in the US
American Journal of Transportation, September 12, 2024 - Amazon to Invest £8 Billion in UK, Continuing AWS Expansion
Bloomberg, September 10, 2024
Trade Policy
White House
De Minimus:
Study: Weakening De Minimis Would Require Billions in New Congressional Spending
National Foreign Trade Council, September 12, 2024
FACT SHEET: Biden-Harris Administration Announces New Actions to Protect American Consumers, Workers, and Businesses by Cracking Down on De Minimis Shipments with Unsafe, Unfairly Traded Products
The White House, September 13, 2024
Chairman Smith Statement on Executive Branch Action to Implement Ways and Means Republicans’ De Minimis Reforms
Ways and Means, September 13, 2024
- Remarks by National Economic Advisor Lael Brainard Assessing Progress on the US Economy
The White House, September 16, 2024 - Biden to host Quad summit September 21 in Delaware
Reuters, September 12, 2024 - Tech, US officials discuss AI development, power needs at White House
Reuters, September 12, 2024
U.S. Department of Commerce
U.S. and IPEF Partners Hold First In-Person Meetings of the IPEF Supply Chain Council and the IPEF Crisis Response Network
U.S. Department of Commerce, September 16, 2024
Secretary Raimondo Statement on New Actions to Address Surge in De Minimis Shipments
U.S. Department of Commerce, September 13, 2024
Secretary Raimondo Statement on new actions to address surge in De Minimis Shipments
American Journal of Transportation, September 13, 2024
- Secretary Raimondo Statement on Swiss-U.S. Data Privacy Framework
U.S. Department of Commerce, September 16, 2024 - Remarks by Commerce Secretary Gina Raimondo at the Advisory Committee on Supply Chain Competitiveness
U.S. Department of Commerce, September 12, 2024
U.S. Trade Representative
USTR Finalizes Action on China Tariffs Following Statutory Four-Year Review
United States Trade Representative, September 13, 2024
USTR finalizes action on China Tariffs following statutory four-year review
American Journal of Transportation, September 13, 2024
- The United States and Paraguay hold the Third Meeting of the Trade and Investment Council
United States Trade Representative, September 16, 2024
U.S. Department of Agriculture
- Highlights from the September 2024 Farm Income Forecast
USDA ERS, September, 2024 - ‘Too much on the line’: Ohio Farm Bureau urges U.S. Congress to pass farm bill this month
USA Today, September 13, 2024
U.S. Department of Treasury
- US committed to Bangladesh’s economic growth, to give $202 million more in aid
Reuters, September 15, 2024
Export-Import Bank
- Export-Import Bank of the U.S. Director Owen Herrnstadt Highlights EXIM’s Clean and Renewable Energy Initiatives in California
EXIM, September 13, 2024 - Export-Import Bank of the United States and Global EV Charging Network Provider, EVPassport, Host Business Roundtable in LA
Business Wire, September 13, 2024
World Trade Organization
WTO chief Okonjo-Iweala seeks second term to complete ‘unfinished business’
Reuters, September 16, 2024
- Steel industry execs cite critical role of trade and standards in achieving green goals
WTO, September 12, 2024 - DG Okonjo-Iweala discusses trade trends with shipping industry leaders at Public Forum
WTO, September 12, 2024
Trade Agreements/ Cooperation
- UAE, Australia reach trade deal to boost exports, investment
Gulfbusiness, September 17, 2024 - China deepening fisheries relationships with Seychelles, Guinea-Bissau
SeafoodSource, September 16, 2024 - Germany to welcome Kenyans in labour deal
BBC, September 14, 2024 - China signs finance cooperation agreement with debt distressed Maldives
Reuters, September 13, 2024 - Philippines Says China Firms Keen to Invest Despite Tensions
Financial Post Financial Post, September 13, 2024 - Germany lines up with Spain against EU tariffs on Chinese EVs
American Journal of Transportation, September 12, 2024
California
Election 2024: CalChamber Positions on California Ballot Measures
CalChamber, September 16, 2024
- Port of Long Beach: Final report released for petroleum tanks projects
American Journal of Transportation, September 16, 2024 - Port of Long Beach’s Cordero says port processed 913,873 TEUs in August up 33.9%
American Journal of Transportation, September 13, 2024 - Voter Guide: What’s on the California ballot for the 2024 General Election
KCRA 3, September 12, 2024 - California’s first bird flu cases in dairy cows magnifies production risks
Agricultural Dive, September 12, 2024 - California Film Commission Awards $51.6M in Tax Credits to Boost Local Productions
CalChamber, September 11, 2024
More International Articles
Mexico’s Controversial Judicial Reform Is Signed by President
Bloomberg, September 16, 2024
Controversial judicial reform passes Mexican Senate after protesters break into chamber
CNN, September 11, 2024
Explainer: Senate approves Mexico’s controversial judicial reform. Now what?
Reuters, September 11, 2024
- Global defensive sector funds see surge in inflows on slowdown fears
Reuters, September 17, 2024 - Von der Leyen names new European Commission with focus on security, growth, climate change
Reuters, September 17, 2024 - After a decade, Kashmir to vote in historic elections
BBC, September 16, 2024 - Autoworkers demonstrate in Brussels to protest layoff threats across the EU industrial base
Associated Press, September 16, 2024 - Dockworkers in SC, elsewhere near strike deadline with billions of dollars on the line
The Post and Courier, September 15, 2024 - A Slovenian Spat Delays Von Der Leyen’s EU Rollout
Bloomberg, September 14, 2024 - Panama Canal Unveils Strategies to Combat El Niño-Induced Drought
GCaptain, September 13, 2024 - DSV to create global logistics giant with $15.9 billion Schenker takeover
Reuters, September 13, 2024 - Global equity funds see second weekly outflow on caution over economic outlook
Reuters, September 13, 2024 - ILA strike gets closer to reality: National Retail Federation’s Gold
American Journal of Transportation, September 13, 2024 - Scholz Asks EU to Delay Deforestation Law in Latest Critique
Bloomberg, September 12, 2024 - US companies see record-low profits in China amid geopolitical tensions and slow growth, report says
Associated Press, September 12, 2024 - The US-Russia battle for influence in Africa plays out in Central African Republic
Associated Press, September 10, 2024 - China’s Unworkable Housing Rescue Math Is Prolonging Crisis
Bloomberg, September 10, 2024 - Canada to Consider Additional Surtaxes on China Imports
The Wall Street Journal, September 10, 2024