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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U.S., Mexico Reach Preliminary Trade Update Agreement
According to President Trump and the Office of the U.S. Trade Representative (USTR), as of August 27, the United States and Mexico have reached a preliminary agreement in principle, subject to finalization and implementation,
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America’s Indo-Pacific Vision
“The Indo-Pacific, which stretches from the United States west coast to the west coast of India, is a subject of great importance to American foreign policy,” said U.S Secretary of State Mike Pompeo at
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U.S, New Zealand Conclude Talks for Trade and Investment Framework Agreement
The United States and New Zealand concluded two days of meetings on July 20 under the Trade and Investment Framework Agreement (TIFA), noting the strong and growing trade relationship between the two countries and
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International Forum: California Continues to Blaze Trail in Trade
U.S. and California politics and trade priorities, global connections and the importance of exports were the topics discussed by an international trade expert, a veteran political columnist and an economist at the recent international
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Seventh Round of NAFTA Negotiations Concludes
The seventh round of negotiations have concluded in Mexico City, Mexico, and the negotiators report closing three additional chapters of the North America Free Trade Agreement (NAFTA). Although the trilateral meeting didn’t close as
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