CalChamber Trade Update - July 10, 2018

Council for International Trade - Trade Update

Tuesday, July 10, 2018

Featured Headlines

Trade Promotion Authority Quietly Renewed
CalChamber, July 10, 2018

U.S. Chamber Analysis: $5.6 Billion
in California Exports Target in Trade Retaliation
CalChamber, July 3, 2018

Impact of Tariffs / Send Message to Congress
A new analysis by the U.S. Chamber of Commerce outlines the state-by-state impact of retaliatory tariffs from China, the European Union, Mexico, and Canada, which have been imposed in response to new U.S. tariffs on imported goods.

U.S. and China Slap Big Tariffs on Each Other,
Escalating Trade Fight
Los Angeles Times, July 6, 2018

CalChamber Companies in the News

Four CalChamber Members Creating Jobs
with Help from Tax Credit
CalChamber, July 6, 2018

Almond Market Update:
NASS Objective Estimate Totals 2.45 Billion Pounds
Blue Diamond Growers, July 5, 2018

Trade Policy

From the U.S. Department of Commerce

U.S. Department of Commerce Finds Dumping and Subsidization
of Imports of Cast Iron Soil Pipe Fittings from China
July 6, 2018

U.S. Secretary of Commerce Wilbur Ross,
President’s Advisory Council on Doing Business in Africa,
Announce $1 Billion in Deals during Africa Mission
July 6, 2018

Africa Matters: Why the U.S. Should Bolster
its Trading Relationships with African Countries
July 5, 2018

From the U.S. Trade Representative

USTR Releases Product Exclusion Process
for Chinese Products Subject to Section 301 Tariffs
July 6, 2018

USTR Lighthizer Welcomes Extension
of Trade Promotion Authority
July 2, 2018

Trump Administration Looks Toward the Future U.S.-African Trade
and Investment Relationship
June 29, 2018

2018 Biennial Report on the Implementation of the African Growth
and Opportunity Act
June 2018

From the Senate Committee on Foreign Relations

Statement of Gordon D. Sondland Nominee to be U.S. Ambassador
to The European Union Senate Committee on Foreign Relations
June 21, 2018

Written Statement of Harry B. Harris, Jr.,
Nominee to be U.S. Ambassador to the Republic of Korea
Senate Committee on Foreign Relations
June 14, 2018

From the World Trade Organization

DDG Wolff: “A Crisis Can Bring Good Results”
July 6, 2018

WTO Sees Signs of Trade Tensions Starting
to Affect Global Economy
Reuters, July 4, 2018

Trade Agreements

NAFTA

Presidential Elections in Mexico
U.S. Department of State, July 2, 2018

Mexico President-Elect Wants to Remain in NAFTA,
Friendly U.S. Ties
Reuters, July 2, 2018

A President of Paradox for Mexico
The New York Times, July 2, 2018

Mexico’s New President is a Nationalist,
But He’s Not Anti-American
The Washington Post, July 2, 2018

Trump Delaying NAFTA Deal
Until After Midterm Elections
Associated Press, July 1, 2018

Free Trade Pact With US Being Considered
Manila Bulletin, July 9, 2018

UK-U.S. Trade Deal a ‘Major Priority’ for Trump,
Says U.S. Ambassador
Reuters, July 6, 2018

Chile President Wants Free-Trade Agreement with CARICOM
Jamaica Observer, July 6, 2018

EU-Japan: Council Adopts Decision to Sign Trade Agreement
European Council, July 6, 2018

Auto Tariffs to Dominate New US-Japan Trade Talks
Nikkei Asian Review, July 6, 2018

Japan Becomes Second Country After Mexico
to Ratify TPP-11 Trade Deal
The Straits Times, July 6, 2018

India, US Likely to Mend Trade Ties by Mid-July
The Hindu, July 5, 2018

Free Trade Agreement Between Canada
and the Mercosur Member States
Mondaq, July 4, 2018

South Africa Signs African Continental Free Trade Area (AfCFTA) Agreement
Zuzuland Observer, July 2, 2018

Federal

BMW: Tariffs Mean Higher Prices in China for US-Made SUVs
Associated Press, July 9, 2018

Ambassador: Trade Wars Not Spilling Over Into NATO
Politico, July 8, 2018

The Roiled Solar Power Market Shows How Trump’s Tariffs
Can Disrupt an Industry
Los Angeles Times, July 7, 2018

The Fed’s Tariff Warning
The Wall Street Journal, July 5, 2018

Trade War Hangs Over U.S. Job Market Set for More Gains in June
Bloomberg, July 3, 2018

Factory Activity Heats Up as Manufacturers Position for Tariffs
The Wall Street Journal, July 2, 2018

‘A Little Premature’ to Discuss U.S. Exit from WTO, Ross Says
Bloomberg, July 2, 2018

Putin, Trump to Have Summit in Helsinki on July 16
Associated Press, June 28, 2018

U.S. Ports Say Tariff Battle Could Hit Shipping Volumes
The Wall Street Journal, June 27, 2018

While Iconic Brands Feel Tariff Pain, Corporate America Braces
for More
American Journal of Transportation, June 26, 2018

California

A Record 2.45 Billion-Pound Almond Harvest Could Be Hurt
with Chinese Tariffs
The Sacramento Bee, July 6, 2018

Hollywood on the Edge of Its Seat Waiting
for China Deal Amid Trade Row
Politico, July 5, 2018

Port of Oakland, a Center for China Trade,
Expects Growth Amid Turmoil
San Francisco Chronicle, June 29, 2018

Millions of Jobs, Billions of Dollars –
Don’t Sacrifice California Farms to Trade War
The Sacramento Bee, June 28, 2018

Port of L.A. Estimates 15% of Cargo Could Be Subject to U.S.,
Chinese Tariffs
Los Angeles Times, June 27, 2018

Canada Dreams of Oil Exports to Asia, But California Beckons
Reuters, June 26, 2018

Upcoming Events:

China-U.S. Trade & Tourism Symposium and Luncheon
7/10/2018

Webinar: Opportunities in Peru's Construction Sector and EXCON
7/17/2018

Export University 2018
7/27/2018

Brazil Passenger Rail Technologies - Reverse Trade Mission
8/13/2018

Hong Kong Food Expo
8/14/2018 - 8/202018

Vehicle Aftermarket Trade Mission to Chile
8/21/2018 - 8/22/2018

83rd Thessaloniki International Fair (TIF)
9/8/2018 - 9/16/2018

Brazil FinTech Roadshow
9/17/2018- 9/19/2018

2018 U.S.-Taiwan Business Day
10/4/2018

China International Import Expo
11/5/2018 - 11/10/2018

California Coalition
for Free Trade
A broad-based group of companies and business organizations working to secure a national free trade agenda.
Join or Learn More

Resources:

California Congressional
Delegation Pictorial Roster

California Congressional
Committee Assignments

California Legislative Pictorial Roster

Federal Government:

The White House

The U.S. Senate

The U.S. House of Representatives

U.S. Department of Commerce

U.S. Trade Representative

State Government:

Governor

California State Senate

California State Assembly

California Department of Finance

Governor's Office of Business
and Economic Development – GO Biz

GO-Biz California Business Portal:
A One-Stop-Shop Website
for Business Owners

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