Trade Update – September 3, 2024
Featured Headlines
USDA, USTR Seek New Trade Advisory Committee Members
USDA Foreign Agricultural Service, August 29, 2024
Daybreak Aug. 27: USDA updating ag trade outlook; Baldwin writes to USTR on product names
Agri-Pulse Communications, Inc. August 27, 2024
Trade Advisory Committees
Trade Advisory Committees | USDA Foreign Agricultural Service
Rail workers’ union files legal challenge of Canada’s back-to-work order
American Journal of Transportation, September 3, 2024
CalChamber Companies in the News
- Chevron-led consortium submits $4bn plan for Aphrodite gas field development
Global Data, September 2, 2024 - Toyota and BMW to upgrade fuel cell alliance
Yahoo, August 31, 2024 - Global Water Challenge and Cargill Expand Partnership Across Five Continents to Address Water Challenges
Business Wire, August 29, 2024 - Salesforce gains as software firm bets on AI tools to power growth
Reuters August 29, 2024 - Rocket Mortgage’s “Welcome Home RateBreak” Unlocks the Door to Lower Mortgage Payments and Thousands in Savings for Homebuyers
PR Newswire, August 26, 2024
Trade Policy
White House
- China and the US will plan a Biden-Xi call in the coming weeks, the White House says
Associated Press, August 28, 2024 - FACT SHEET: Following Through on the U.S.-Pacific Islands Partnership 53rd Pacific Islands Forum (PIF) Leaders Meeting in Nuku’Alofa, Tonga August 26-30, 2024
The White House, August 27, 2024 - What is the Pacific Islands Forum? How a summit for the world’s tiniest nations became a global draw
Associated Press, August 26, 2024
U.S. Department of Commerce
Commerce Secretary Gina Raimondo on microchip production, sales
CBS News, September 1, 2024
Celebrating and Unleashing America’s Workforce
U.S. Department of Commerce, August 30, 2024
- US Wants to Send ‘Clear Message’ With Maduro Plane Seizure
Newsweek, September 2, 2024 - US seizes Maduro jet over alleged sanctions violations
Washington Examiner, September 2, 2024 - Commerce Department Revises Second Quarter GDP Upward
Inc., August 30, 2024
U.S. Trade Representative
Statement from Ambassador Katherine Tai on Canada’s Tariff Actions to Protect Workers Against the People’s Republic of China’s Non-Market Policies and Practices
United States Trade Representative, August 29, 2024US trade chief Tai lauds Canada’s steep new tariffs on Chinese EV, metals
Reuters, August 29, 2024
- United States Requests USMCA Dispute Settlement Consultations on Canada’s Digital Services Tax
United States Trade Representative, August 30, 2024 - US requests trade dispute consultations with Canada over new digital services tax
Reuters, August 30, 2024 - United States Seeks Mexico’s Review of Denial of Workers’ Rights at Minera Camino Rojo Mining Facility
United States Trade Representative, August 29, 2024
U.S Department of Agriculture
- USDA Trade Mission to Expand Ag Exports in Vietnam, Southeast Asia
USDA Foreign Agricultural Service, August 28, 2024
U.S. Department of Treasury
- Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2023
U.S. Department of the Treasury August 30, 2024
Export-Import Bank
- Export-Import Bank of the United States Board of Directors Supports Renewal of Supply Chain Finance Guarantee for U.S. Steel Corporation
EXIM, August 29, 2024 - Export Finance Australia and Export-Import Bank of the United States Single Point of Entry “Open for Business”
EXIM, August 29, 2024
World Trade Organization
DG Okonjo-Iweala welcomes Timor-Leste as 166th WTO member
WTO, August 30, 2024
- Trade expert warns India is dug in on opposition to WTO fishery subsidies deal
SeafoodSource, September 2, 2024
Trade Agreements/ Cooperation
UK’s Trans-Pacific free trade bloc pact in force by mid-December
Republic World, August 29, 2024
UK to join CPTPP by 15 December
GOV.UK, August 29, 2024No Concrete Step on Turkey BRICS Membership, Erdogan’s Party Says
U.S. News, September 3, 2024
Turkey Bids to Join BRICS in Push to Build Alliances Beyond West
Bloomberg, September 2, 2024
- Oman-India working on Free Trade Agreement
Zawya, September 2, 2024 - S. Korea, Western Australia ink agreement on clean energy, key minerals
YonHap Times, September 2, 2024 - In Brunei, Modi to sign space cooperation pact, discuss boosting sagging trade, energy ties with Sultan
The Hindu September 2, 2024 - China rolls out the red carpet for African leaders
CNA, September 2, 2024 - Businesses to be boosted by new digital UK-Ukraine trade deal
The Irish News (US), August 31, 2024 - Vietnam and Philippines sign agreement to increase cooperation in defence and trade
The Star, August 31, 2024 - US security adviser visits China for first time in eight years
DPA International, August 27, 2024
California
CalChamber Wraps Historic Legislative Year with Major Wins for Business
CalChamber, September 3, 2024
California State Trade Expansion Program (STEP)- Application is Now Open!
Export Vouchers – California State Trade Expansion Program (STEP)
- Solar-Plus-Storage Project Brings New Energy to California
Power Magazine, September 3, 2024
More International Articles
- Trade body sounds alarm bells for French SME road haulers
American Journal of Transportation, September 3, 2024 - China threatens retaliation against Japan’s chip trade restrictions
Global Data September 2, 2024 - Two More Tankers Attacked in Red Sea
GCaptain, September 2, 2024 - ABS Expands Presence in Western Australia
GCaptain, September 2, 2024 - On the first day without X, many Brazilians say they feel disconnected from the world
Associated Press, August 31, 2024 - South Korea exports extend gains to 11th month, growth slows
Reuters, August 31, 2024 - EU foreign policy chief admits he lacks votes for sanctioning Israeli ministers
The Times of Israel, August 30, 2024 - Inflation fell to 2.2% in Europe, clearing the way for a European Central Bank rate cut in September
Associated Press, August 30, 2024 - Nokia Mobile Networks Assets Said to Draw Samsung Interest
Bloomberg, August 29, 2024