Council for International Trade - Trade Update California Chamber of Commerce Council for International Trade - Trade Update Newsletter

Tuesday, June 16, 2020

Featured Headlines

CalChamber Quarterly Economic Report: Post-COVID-19 Economy: Case for the ‘V
CalChamber, June 12, 2020


OECD Economic Outlook: The World
Economy on a Tightrope

OECD, June 2020


World Investment Report 2020
UNCTAD, June 16, 2020

International Trade Set to Shrink 27% in Second Quarter After April ‘Nosedive’, Says UNCTAD
The New York Times, June 11, 2020


More Diplomatic Messages of Hope
Ronald Reagan Building and International Trade Center, June 2020

CalChamber Companies in the News

United Expects To Have Approximately $17 Billion In Available Liquidity By September 2020
United Hub Newsroom, June 15, 2020

Cigna Foundation Announces Availability of %5 Million in Grants to Address Children’s Mental Health, Childhood Hunger
Cigna Newsroom, June 15, 2020

Disneyland Plans to Reopen July 17, and Downtown Disney Earlier
The Los Angeles Times, June 10, 2020

FedEx Logistics Helps in the Fight against COVID-19 by Distributing Personal Protective Equipment to Hospitals throughout Latin America
FedEx Newsroom, June 3, 2020

Trade Policy

From the White House

The Trump Administration Is Advancing Ocean Exploration
June 12, 2020

U.S. Department of Commerce

Commerce Clears Way for U.S. Companies to More Fully Engage in Tech Standards-Development Bodies
June 15, 2020

From the U.S. Trade Representative

USTR Lighthizer to Testify
on Trade Agenda on June 17

• Ways and Means Committee at 10:00am
View a live webcast here.
• Finance Committee at 3:00pm
View a live webcast here.


Request for Comments Concerning the Extension of Particular Exclusions Granted Under the $200 Billion Action Pursuant to Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
Federal Register, June 3, 2020 – Deadline July 7, 2020\

Request for Comments Concerning the Extension of Particular Exclusions Granted Under the September 2019 Product Exclusion Notice From the $34 Billion Action Pursuant to Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
Federal Register, June 3, 2020 – Deadline July 7, 2020

From the U.S. Department of State

Secretary Pompeo’s Participation in the EU Foreign Affairs Council
June 15, 2020

Joint Statement on the U.S.-Iraq Strategic Dialogue
June 11, 2020

U.S. Diplomatic Leadership in Support of Women, Peace, and Security
June 11, 2020

Statement by Secretary Pompeo on the Opening of U.S. Consulate Nuuk
June 10, 2020

From the Export-Import Bank of the U.S.

EXIM Board Votes to Notify Congress of Two Potential Transactions Supporting an Estimated 14,200 U.S. Jobs
June 11, 2020

Chairman Reed Underscores EXIM Commitment to U.S. Agriculture Exports with Stakeholders from 13 Western States, Guam and American Samoa
June 10, 2020

From the World Trade Organization

Candidates for DG Selection Process 2020

China Loses Landmark WTO Dispute Against EU
The Japan Times, June 16, 2020

Push for Japan, Korea to Join Breakaway Trade Disputes Body
Financial Review, June 16, 2020

DG Azevêdo to Ottawa Group: Cooperation at the WTO Would Help the Global Economy Recover from COVID-19
June 15, 2020

Ottawa Group has Opportunity to Revive WTO Modernization
The Hill Times, June 15, 2020

Battle to Head WTO Offers Chance to Defend Global Trading Order
Financial Times, June 14, 2020

Nigeria’s WTO Candidate Looks to Bridge the US-China Schism
Politico, June 13, 2020

Standards and Trade Development Facility Launches 2019 Annual Report
June 11, 2020

DDG Wolff: “There Can Be No Permanent Retreat from What Has Been Created”
June 10, 2020

WTO Report Looks at Trade Developments in Poorest Countries in Wake of COVID-19
June 10, 2020

EU Weighs Single Bid for WTO Job; Trade Chief Hogan Confirms Interest
The New York Times, June 9, 2020

Trade Agreements

Japan Wraps up Procedures on Revised Free Trade Pact with ASEAN
The Mainichi, June 16, 2020

Boris Johnson Won’t Get Brexit Trade Deal Unless He Gives Ground, Warns France
Evening Standard, June 15, 2020

U.S. Oil Group says Mexico Violating New Trade Deal, Hurting Investors
Reuters, June 15, 2020

Johnson Says Chances of Reaching EU Trade Deal Are ‘Very Good’
American Journal of Transportation, June 15, 2020

Boris Johnson Hopes for Post-Brexit Trade Deal with the EU by Autumn
Yahoo Finance, June 15, 2020

India to Step up Free Trade Agreement Talks Despite Self-Reliance Mantra
Financial Express, June 15, 2020

Japan and 10 Other TPP Nations Considering Ministerial Videoconference
Japan Times, June 14, 2020

FIEO Urges Piyush Goyal to Fast-Track Free-Trade Pact with EU
Financial Express, June 14, 2020

NAFTA Replacement Looms as Carmakers Emerge from COVID-19 Shutdowns
Detroit News, June 12, 2020

Trade Minister David Parker puts Digital Signature to Digital Services Trade Deal with Singapore and Chile
NZ Herald, June 12, 2020

Why a U.S.-Taiwan Free Trade Agreement Is Needed Now More Than Ever
Yahoo, June 10, 2020

Thailand Should Join Asia-Pacific Trade Pact Talks: Business Group
Bangkok post, June 10, 2020

Japan, Britain Start Talks on Free Trade Agreement
XinhuaNet, June 9, 2020

UK Seeks Swift Japan Trade Deal and TPP Membership
Nikkei Asian Review, June 10, 2020


Retail Sales Bounce Up 17.7% After Record Drop As States Reopen
CapRadio, June 16, 2020

ITI Welcomes U.S. Commerce Department Plans to Clarify Rule on Company Participation in Standards-Setting Bodies
Information Technology Industry Council, June 15, 2020

Faulty Prescription: Why a “Buy American” Approach for Drugs and Medical Products Is the Wrong Solution
Information Technology & Innovation Foundation, June 15, 2020

Millions of Job Losses Are at Risk of Becoming Permanent
Bloomberg, June 14, 2020

The Only Way to Counter a Closed Society is with an Open One
The Hill, June 14, 2020

U.S. Import Prices Climb in May on Higher Oil Costs, Signaling End of Coronavirus-Induced Deflation
MarketWatch, June 12, 2020

AAFA Sends Letter to Congress Urging Renewal of African Growth and Opportunity Act (AGOA)
American Apparel & Footwear Association, June 10, 2020

U.S. Auto Suppliers Cheer as Carmakers Relaunch, but Long-Term Worries Remain
Reuters, June 11, 2020


State of California Coronavirus (COVID-19) Response  /
Resilience Roadmap: 4 Stages

No California Budget Deal Yet as Newsom, Lawmakers Approach Big Deadlines
The Los Angeles Times, June 15, 2020

Rural Californians Balance Restarting Tourism Economy With Risk of Outbreak
CapRadio, June 15, 2020

Ireland a Center of Transatlantic Activities for U.S., California Firms
CalChamber, June 12, 2020

Port of Oakland Picks Longtime Shipping Vet as Maritime Director
American Journal of Transportation, June 12, 2020

CalChamber Recommends Ways to Fire Up Economy
CalChamber, June 12, 2020

Jobs in California are Coming Back after Coronavirus Lockdown. But Not for Everyone
The Sacramento Bee, June 11, 2020

San Bernardino International Airport and the Holland International Distribution Council Sign Memorandum of Understanding Advancing International Trade
Cargo Newswire, June 5, 2020

More International Articles

COVID-19 Trackers

John’s Hopkins Coronavirus Resource
Center with COVID-19 Interactive Map

COVID-19 Tracker
Channel News Asia, May 2020

Policy Tracker: Policy Responses to COVID-19
International Monetary Fund

Global Dashboard on COVID-19 Government Policies
U.S. Chamber, April 2020

International Chamber of Commerce
– Save our SMEs


COVID-19 News

Global Trade Order Looks Wobbly i
n the New Pandemic Reality

Bloomberg, June 15, 2020

Tourists Dip Their Toes in Water as
Top Mexican Beach Getaway Reopens

Reuters, June 13, 2020

Euro Zone April Industrial Output
Plunge Worst on Record; Recovery Seen

Reuters, June 12, 2020

Hit Hard by Coronavirus, Russia
Joins Global Race for a Vaccine

Bloomberg, June 11, 2020

Concept Paper: Trade in Healthcare Products
European Trade Commission, June 11, 2020

Travel to Europe Will Be Allowed
Again Starting July 1

Bloomberg, June 10, 2020

June 2020 Statement of the Ottawa Group:
Focusing Action on Covid-19

Government of Canada, June 2020



Chinese Consumers Add Fuel
to Factory-Led Economic Recovery

The Wall Street Journal, June 15, 2020

China a Bright Spot for U.S.
in Gloomy Global Trade Picture

The Wall Street Journal, June 14, 2020

EU Won’t Ally with US Against China, Foreign
Policy Chief Says Before Pompeo Meeting

South China Morning Post, June 14, 2020

The Coronavirus Exception: Medical
Equipment from China Gets Tariff Relief
While Most Other Requests are Denied

The Bridge, June 12, 2020

China Will Honor Trade Deal, Wants
Better U.S. Ties, Top Adviser Says

MarketWatch, June 11, 2020

China Hits Back at U.S. Telecom
Supply Chain Order at WTO

The New York Times, June 11, 2020


Select AmCham "Doing Business" Reports:
Costa Rica

Foreign Investment in Latin America Expected to Halve in 2020
UNCTAD, June 16, 2020

Russian Companies to Expand Presence on Chinese Market Using E-Commerce
TASS Russian News Agency, June 15, 2020

EU Challenges China’s Trade Expansion With Landmark Tariff
American Journal of Transportation, June 15, 2020

Peru Posts Worst-Ever Drop in GDP as Mine Output Falls Sharply
Reuters, June 15, 2020

Indonesia’s Trade Surplus Larger Than Forecast as Imports Slump
Bloomberg, June 14, 2020

Mexico Desperate to Reopen 11 Million-Job Tourism Industry
AP, June 14, 2020

Trade Triangle: U.S., Britain, and European Union
Politico, June 14, 2020

China May Punish Australia with Trade Curbs — but it Can’t Stop Buying Iron Ore from Down Under
CNBC, June 11, 2020

Mexican Economy Likely Shrank 17% in April, Says Finance Minister
Reuters, June 9, 2020




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Upcoming Events:

WEBINAR - Market Opportunities in Brazil’s Water and Wastewater Sectors

WEBINAR - Trade Winds: What future for the global trading system?

Cross Border eCommerce: Overcome Digital Roadblocks

WEBINAR - Trademark application walk-through – virtual only

WEBINAR - Brazil’s Energy Sector Overview and Opportunities

WEBINAR - Panama: Digital Hub of the Americas and a Gateway of Opportunities for U.S. Companies

WEBINAR - Update You on Cyber-security, COVID-19, U.S./China Trade War and More

WEBINAR - Coffee with Asia – Pakistan

WEBINAR - Infrastructure Sector Business Opportunities in Ecuador

WEBINAR - Learn how to search patents -virtual only

WEBINAR - The Mexican Fintech Market: Mexico's Road Towards Open Banking

WEBINAR - Agribusiness Opportunities in Brazil

WEBINAR - Canadian Power Generation Sector – Civil Nuclear Present and Future

WEBINAR - Energy Sector Business Opportunities in Jamaica


WEBINAR - U.S.-Mexico-Canada Agreement Webinar for the Information and Communication Technology Industry

WEBINAR - The ICT Ecosystem in Ecuador – Challenges and Opportunities

WEBINAR - Coffee with Asia – Laos

Back to Business Virtual Auto Expo
China’s Belt & Road Initiative Webinar Series: The Digital Silk Road: Business, National Security and Geopolitical Impact

WEBINAR - Chile Infrastructure for Aviation/Airport Equipment Sectors

WEBINAR - Market Opportunities in Morocco’s Water Sector

WEBINAR - Upcoming Energy Projects in Remote Indigenous Communities in Panama

WEBINAR - Opportunities in the Cybersecurity Sector in Peru

WEBINAR - Infrastructure Sector Business Opportunities in Central America

WEBINAR - Defense and Security Opportunities in the Caribbean Region

WEBINAR - ICT opportunities in Chile: Digital economy, Cybersecurity and More

WEBINAR - EXIM Teleconference on Transformational Exports: Space Technology

WEBINAR - Learn the basics of intellectual property with a focus on patents

Hannover Messe Trade Shows
7/13/2020 - 7/17/2020

Expanding Global Opportunities For Minority & Women-Owned Businesses Webinar

EXIM Teleconference on Transformational Exports: Biomedical Sciences

WEBINAR - EXIM Teleconference on Transformational Exports: Semiconductors

Hannover Messe Trade Shows
7/13/2020 - 6/1/2020

WEBINAR - Upcoming Energy Projects in Central America

WEBINAR - Upcoming Energy Projects in Argentina

WEBINAR - Upcoming Energy Projects in Canada

EXIM Bank 2020 Annual Conference
9/10/2020 - 7/11/2020

Asia EDGE Trade Mission
9/13/2020 - 9/22/2020

Construction Indonesia 2020 - Construction and Concrete Show

Select LA Investment Summit

World Trade Week

94th Annual Trade Week

Expo Dubai 2021
10/1/2021 - 3/31/2021

Security Mission for Economic Prosperity in El Salvador, Guatemala, and Honduras
10/25/2020 - 10/30/2020

Hong Kong International Wine & Spirits Fair 2020
11/5/2020 - 11/7/2020

China International Import Expo (CIIE)
11/5/2020 - 11/10/2020

Smart City Expo World Congress

2021 SelectUSA Investment Summit
6/6/2021 - 6/9/2021

12th World Chambers Congress: Dubai 2021
11/23/2021 - 11/25/2021

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