CalChamber Reiterates Support for U.S.-Mexico-Canada Agreement
The California Chamber of Commerce reminded the state’s representatives in Congress this week of the importance of the pending U.S.-Mexico-Canada Agreement (USMCA) to the U.S. and California economies. The CalChamber continues to urge all
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CalChamber Luncheon Focuses on Understanding Brexit
Brexit is the latest phenomenon in the western world presently characterized by shock and schism, a leading scholar explained yesterday at the California Chamber of Commerce. “Brexit is the most profound crisis that Europe
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Study: EU Single Largest Foreign Investor in U.S.
The European Union, currently a 28-nation bloc, is the single largest foreign investor in the United States, with $2.37 trillion in foreign direct investment, according to a recent study by the EU Delegation to
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CalChamber Joins in Launching USMCA Coalition
The California Chamber of Commerce has joined more than 200 companies and associations in launching the USMCA Coalition, which will advocate congressional approval of the United States-Mexico-Canada Agreement. The coalition includes a diverse group
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NAFTA 2.0 Creates Freer, Fairer Economic Growth
The United States-Mexico-Canada Agreement (USMCA) underscores a renewed understating among the USMCA parties on the importance of our mutual trading relationships, everyone agreed yesterday at an international luncheon at the California Chamber of Commerce
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Trade Report: Tariff Wars, Lower Commodity Prices Reduce California’s Export Trade
For the first time in more than a year, California’s merchandise export trade fell in November, according to Beacon Economics’ analysis of U.S. trade statistics recently released the U.S. Census Bureau following a lengthy
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New Members Needed for Trade Advisory Committees
The Office of the United States Trade Representative (USTR) is accepting nominations for new members to serve on its agricultural trade advisory committees. Nominations received by Friday, March 1, 2019, will be considered for
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U.S. Holds Public Hearing on Negotiating Objectives for U.S.-U.K. Trade Agreement
To develop U.S. negotiating positions, the Office of the U.S. Trade Representative (USTR) held a public hearing yesterday regarding a proposed United States-United Kingdom Trade Agreement, including U.S. interests and priorities. The hearing was
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Trade Report: State Exports Slow as Tariffs Begin to Bite
California’s merchandise export trade slowed significantly in September, according to a Beacon Economics analysis of recently released U.S. trade statistics from the U.S. Census Bureau. Foreign shipments by California businesses totaled $14.46 billion for
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United States, Chile and Argentina Meet to Discuss Free Trade
Officials from the Office of the U.S. Trade Representative (USTR) have held separate meetings this month with counterparts from both Chile and Argentina. Officials from the United States and Argentina held the second meeting
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CalChamber Hosts U.S. Department of Commerce Official
The California Chamber of Commerce yesterday hosted a small meeting of business representatives, federal trade officials and state legislative liaisons to discuss the current international business landscape, export obstacles, market access, and other issues
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CalChamber Member Receives Federal Export Award
California Chamber of Commerce Board member Margaret Wong, president and CEO of McWong International, has received the minority export firm of the year award from the U.S. Department of Commerce Minority Business Development Agency
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Administration Announces Intent to Open Trade Talks with EU, UK, Japan
This week, the U.S. Trade Representative notified Congress of the Trump administration’s intent to enter into trade negotiations with three markets: the European Union, the United Kingdom, and Japan. President Donald J. Trump is
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California Receives Federal Grant for Global Trade Expansion Program
California has received a $650,000 grant from the U.S. Small Business Administration (SBA) to help California small businesses boost trade and exports abroad. The grant was allocated to the Governor’s Office of Business and
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CalChamber Urges U.S. Senators to Unleash Full Potential of Export-Import Bank
The California Chamber of Commerce is urging members to ask California’s two U.S. senators to support restoring a quorum to the Export-Import Bank. Since July 2015, the Ex-Im Bank has not had a quorum
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U.S.-Canada Reach NAFTA Agreement Before Deadline, Branding New Pact the U.S.-Mexico-Canada-Agreement
Late Sunday night, just before the midnight deadline, the U.S. and Canada came to an agreement on a new trade pact, rebranding it the United States-Mexico-Canada Agreement (USMCA). The joint statement touts the new
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Visit from South African Consul Shares Sister State Ties and Push for Economic Development
Renewing and furthering South Africa’s trade and investment relationship with California was the emphasis when Consul Talifhani Mbelengwa from the Consulate General of South Africa in Los Angeles stopped by the California Chamber of
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CalChamber Reaffirms Support for KORUS as President Trump Signs Revised Deal
On Monday, September 24 at the UN General Assembly in New York, President Trump signed the revised KORUS deal with South Korean President Moon Jae-in calling it a “brand new agreement”. The revised deal includes an extension to
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CalChamber-Supported Korean Trade Agreement Moves Forward
Last week, the U.S. Trade Representative announced that the U.S.-Korea Free Trade Agreement has been modified to “improve implementation of the trade pact.” Agreement Amendments The amendments included an extension to the phase-out period for the 25% U.S.
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U.S. Policy Expert: Trade Talks to Open Markets Work Better than Tariff Wars to Boost Economy, Jobs
In an era where “trade is invading every zone,” increased tariffs on imports are the wrong way to generate prosperity for U.S. businesses, a trade policy expert told a California Chamber of Commerce gathering
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