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

Tuesday, June 2, 2020

Featured Headlines

Joint Statement on Hong Kong
U.S. Department of State, May 28, 2020

PRC National People’s Congress Proposal
on Hong Kong National Security Legislation

U.S. Department of State, May 27, 2020

Remarks by President Trump
on Actions Against China

White House, May 30, 2020

President Donald J. Trump Is Protecting
America From China’s Efforts To Steal
Technology And Intellectual Property

White House, May 29, 2020

Proclamation on the Suspension of Entry
as Nonimmigrants of Certain Students and Researchers from the People’s Republic of China

White House, May 29, 2020

Rebuking China, Trump Curtails Ties
o Hong Kong and Severs Them With W.H.O.

The New York Times, May 29, 2020

Briefing on P.R.C. National People’s Congress Proposal on Hong Kong National Security Legislation
U.S. Department of State, May 27, 2020

Pompeo Certifies Hong Kong is No
Longer Autonomous from China,
Jeopardizing Billions of Dollars in Trade

CNN, May 27, 2020

2019 Hong Kong Policy Act Report
U.S. Department of State, March 21, 2019


United States – Kenya Negotiations:
Summary of Specific Negotiating Objectives

U.S. Trade Representative, May 2020

Letter Requesting Investigation into the Impact of Eliminating Tariffs on Imports of Goods from Kenya
U.S. International Trade Commission, March 17, 2020


WTO Issues 2020 Annual Report
World Trade Organization, May 28, 2020


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

CalChamber Companies in the News

The UPS Foundation Commits US$3 Million to Gavi
American Journal of Transportation, June 1, 2020

Southwest Air Sets Flight Schedule at 2019 Level by Year-End
Air Freight, May 28, 2020

Trade Policy

From the White House

Joint Statement From the United States of America and the Federative Republic of Brazil Regarding Health Cooperation
May 31, 2020

U.S. Department of Commerce

U.S. Secretary of Commerce Wilbur Ross Initiates Section 232 Investigation into Imports of Vanadium
June 2, 2020

Commerce Honors First Anniversary of President Trump’s Executive Order Establishing the White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI)
May 29, 2020

From the U.S. Trade Representative

Notice of Product Exclusion Extensions: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
Federal Register, June 2, 2020

USTR Statement in Response to Decision Disallowing Action to Protect Domestic Solar Industry
May 27, 2020

From the U.S. Department of State

Secretary Pompeo’s Call with Australian, Canadian, New Zealand, and UK Counterparts
June 2, 2020

UPDATE: The United States Continues to Lead the Global Response to COVID-19
May 29, 2020

In Defense of Democracy in Venezuela
May 29, 2020

Joint Statement on the U.S. – Afghanistan – Uzbekistan Trilateral Meeting
May 27, 2020

Freedom Online Coalition Statement on COVID-19 and Internet Freedom
May 27, 2020

U.S. Government Leads the Way on E-Internships
May 27, 2020

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

EXIM Extends Several Temporary COVID-19 Relief Measures Through August 31, 2020
May 28, 2020

EXIM Approved 186 Small Business Authorizations Totaling More Than $173 Million and Supporting 900 U.S. Jobs in April
May 28, 2020

U.S. Chamber Letter on Nominations to the Export-Import Bank of the United States
US Chamber, May 20, 2020

From the Bureau of Economic Analysis

Gross Domestic Product, 1st Quarter 2020 (Second Estimate); Corporate Profits, 1st Quarter 2020 (Preliminary Estimate)
May 28, 2020

From the International Trade Administration

U.S. Department of Commerce Announces Affirmative Circumvention Ruling on Imports of Steel Concrete Reinforcing Bar from Mexico
June 1, 2020

United States and Brazil Celebrate 18th Plenary of U.S.-Brazil Commercial Dialogue
May 20, 2020

From the World Trade Organization

South Korea to Reopen WTO Complaint Over Japan Trade Curbs
ABC News, June 2, 2020

WTO Report Looks at Impact of COVID-19 Pandemic on Services Trade
May 29, 2020

2020 WTO Public Forum Cancelled
May 28, 2020

DDG Wolff: This is the Time to Consider the Future of the Multilateral Trading System
May 27, 2020

Members Discuss Impact of COVID-19 on Developing Economies’ Participation in World Trade
May 26, 2020

Trade Agreements

Massive UK, EU, US Free Trade Area Could Save World Economy
The Irish News, June 2, 2020

China Buys U.S. Soybeans After Halt to U.S. Purchases Ordered
Reuters, June 1, 2020

No-Deal Brexit Threat Looms Over Pandemic-Ravaged U.K.
Bloomberg, June 1, 2020

China Halts Some U.S. Farm Imports, Threatening Trade Deal
Bloomberg, June 1, 2020

India, US Could Strike a ‘Smaller’ Trade Deal in the Coming Weeks
The Economic Times, May 29, 2020

How a Post-COVID-19 Revival Could Kickstart Africa’s Free Trade Area
World Economic Forum, May 29, 2020

Australian Government Asks China for Same Reduction in Trade Barriers as US
The Guardian, May 29, 2020

Aust, UK to Start Free Trade Deal Talks
Yahoo Finance, May 27, 2020

Africa’s Free Trade Area is Delayed By the Coronavirus, but Experts Say it’s Vital to Recovery
CNBC, May 26, 2020

Developing Countries Have Been Busy Forging Trade Agreements — With One Another
The Washington Post, May 26, 2020

Thailand to Consider Membership in Asia-Pacific Trade Pact in a Month
Reuters, May 26, 2020

Trade with Mexico Could Be Key as US Emerges from Coronavirus
Freight Waves, May 23, 2020


CBO Projects Virus Impact Could Trim GDP by $15.7 Trillion
AP, June 2, 2020

U.S. Manufacturing Activity Off 11-Year Low; Construction Spending Falls
Reuters, June 1, 2020

Trade Deficit in Goods Widens to $69.7 Billion in April, Advanced Data Show
MarketWatch, May 29, 2020

White House to Skip Economic Forecast This Summer Showing Depth of the Downturn
Politico, May 28, 2020

NAM Manufacturer’s Outlook Survey Second Quarter 2020
NAM, May 28, 2020

Trade War Cut $1.7 Trillion From U.S. Market Caps: Study
Bloomberg, May 28, 2020

Americans on Jobless Benefits Post First Drop of Pandemic
Bloomberg, May 28, 2020


State of California Coronavirus (COVID-19) Response

Resilience Roadmap: 4 Stages

Coronavirus 2019 (COVID-19) with Weekly
Webinars and Resources for Small Businesses

Governor’s Office of Business and Economic Development

Help Us Advance Entrepreneurship Launches
COVID-19 Rapid Response Virtual Sessions

Governor’s Office of Business and Economic Development

How California Farms Can Survive the Post-Pandemic World
CalMatters, May 28, 2020

CalChamber Offers Recommendations to Fire Up California’s Economic Recovery
CalChamber, May 28, 2020

More International Articles

COVID-19 Trackers

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

Tracking Coronavirus Hospitalizations
in California by County

CalMatters, May 2020

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

Essential Critical Infrastructure Workforce Tracker
US Chamber, April 2020

International Chamber of Commerce
– Save our SMEs


COVID-19 News

Economic Fallout From Coronavirus
Begins Across Developing World

The Wall Street Journal, June 1, 2020

Japan Considering Re-Opening
Door to Some Foreigners

Reuters, May 31, 2020

Canada Cuts Projected Costs
for Wage Subsidy Program

Bloomberg, May 29, 2020

EU Took Big Step With Coronavirus-Recovery Proposal—Now Comes the Hard Part
The Wall Street Journal, May 28, 2020

France to Open Bars and Beaches
in Second Phase of Easing Lockdown

Reuters, May 28, 2020

Steep Drop in Trade Flows Shows
Pitfalls of Cross-Border Supply Chains

The Wall Street Journal, May 27, 2020

A French-German Initiative for the European Recovery from the Coronavirus
German Federal Government, May 18, 2020


China – Hong Kong – U.S. Relations

US-China Showdown Over Hong Kong
Puts Japan in Bind

Nikkei Asian Review, June 2, 2020

‘Lemon’ or Not, Trump Stuck with
Phase 1 China Trade Deal for Now

Reuters, June 1, 2020

China Vows to Hit Back at US Over Any
Action on Hong Kong National Security Law

South China Morning Post, May 28, 2020

The Optimistic Case for Hong Kong
Politico, May 26, 2020

Two Sessions 2020: National People’s
Congress Approves Resolution to
Impose Security Law on Hong Kong

South China Morning Post, May 28, 2020

Hongkongers with BN(O) Passports Could
Get British Citizenship if Beijing Imposes
National Security Law, Dominic Raab Says

South China Morning Report, May 29, 2020

US-China Trade War Slashes US$1.7 Trillion
from American Companies’ Market Caps,
Federal Reserve Bank of New York says

South China Morning Report, May 29, 2020

Trump Set to Rebuke China on
Muslims After Friction on Hong Kong

American Journal of Transportation, May 29, 2020

U.S. Seizure of Chinese-Built
Transformer Raises Specter of Closer Scrutiny

The Wall Street Journal, May 27, 2020

U.S. Weighs Sanctions on Chinese
Officials, Firms Over Hong Kong

Bloomberg, May 26, 2020

Out of Favor With Australia’s Central Government, China Targets States
The Wall Street Journal, June 2, 2020

Turkey Makes its Bid as US Looks for Alternatives to Chinese Production
Daily Sabah, June 1, 2020

Trudeau: Russia’s Return to the G-7 Not Acceptable
Politico, June 1, 2020

EU Trade Commissioner Hogan Mulling Candidacy for WTO Chief
Reuters, May 31, 2020

EU Is Set to Air ‘Grave Concern’ Over China’s Move in Hong Kong
American Journal of Transportation, May 29, 2020

Digital Taxes are an Even Bigger Threat to the US Economy During the Pandemic
CNBC, May 27, 2020

Digital Services Taxes: Do They Comply with International Tax, Trade, and EU Law?
Tax Foundation, May 26, 2020

India’s Limited Trade Connectivity with South Asia
Brookings Institute, May 26, 2020

Mexico Economy Fares Better Than First Estimated at Start of 2020
Reuters, May 26, 2020

Roberto Fendt Named as Brazil’s Deputy Economy Minister for Foreign Trade
Reuters, May 27, 2020

Blue Dot Network: The Belt and Road Alternative
The Diplomat, April 7, 2020



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Upcoming Events:

RESCHEDULED: 2020 SelectUSA Investment Summit
6/1/2020 - 6/3/2020

WEBINAR - Exporter Readiness Requirements for CMMC/NIST

WEBINAR - Upcoming ITC Sector Opportunities in Colombia

WEBINAR - Exporter Readiness Requirements for CMMC/NIST 

Webinar: USMCA: Documenting Origin (Part 2)

WEBINAR- Upcoming Infrastructure Projects in Caribbean Region

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CalChamber International Forum,
Host Reception,
and Host Breakfast
on June 3 -4, 2020
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WEBINAR - Foreign Corrupt Practices Act

WEBINAR: InvestChile (in Spanish): Marco legal y aspectos prácticos para la obtención del crédito local

WEBINAR - Site Visits, Enforcement Actions and Voluntary Disclosures

WEBINAR - Electrimobility/Infrastructure Business Opportunities in Chile 

WEBINAR - Upcoming Energy Projects in the Caribbean Region

WEBINAR: CITC: How Businesses Can Export More Sustainably via eCommerce

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Virtual Trade Mission on Smart and E-Mobility


Webinar: Market Opportunities in Brazil’s Water and Wastewater Sectors

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 - Infrastructure Sector Business Opportunities in Ecuador

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

WEBINAR - Energy Sector Business Opportunities in Jamaica


WEBINAR - The ICT Ecosystem in Ecuador – Challenges and Opportunities

WEBINAR - Chile Infrastructure for Aviation/Airport Equipment Sectors

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

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

WEBINAR - Upcoming Energy Projects in Argentina

WEBINAR - Upcoming Energy Projects in Canada

EXIM Bank 2020 Annual Conference

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 - 3/31/2022

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

Hong Kong International Wine & Spirits Fair 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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