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

Tuesday, June 30, 2020

Featured Headlines


Landmark U.S.-Mexico Canada-Agreement
Brings Modernized Rules to Trade on July 1

CalChamber, June 29, 2020

USMCA Full Text of the Agreement
USMCA Fact Sheets
USMCA Website 

Key Milestones

July 1, 2020 – USMCA Entry Info Force
April 3, 2020 – Mexico Ratifies USMCA
March 13, 2020 – Canada Ratifies USMCA
Jan 29, 2020 – United States Approves USMCA
Jan 16, 2020 – U.S. Senate Passes USMCA 89 to 10
Dec 19, 2019 – U.S. House of Representatives Passes USMCA 385 to 41
Dec 10, 2019 – Final Agreement Signed by the United States, Mexico & Canada
Nov 30, 2018 –Initially Signing by the United States, Mexico & Canada

Proclamation to Take Certain Actions Under
the United States-Mexico-Canada Agreement Implementation Act and for Other Purposes

White House, June 29, 2020


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

CalChamber Companies in the News

United Airlines Resuming Service Between San Francisco and Shanghai
United Newsroom, June 26, 2020

Boeing Boosts Israeli Aerospace Industry by $1B in Three Years
Boeing Mediaroom, June 24, 2020

Amazon Says a New ‘Counterfeit Crimes Unit’ Will Work with Law Enforcement to Take on Fraudsters
CNBC, June 24, 2020

Trade Policy

From the White House

Artificial Intelligence Can Serve Democracy
June 26, 2020

Readout from the Vice President’s Meeting with Airline Executives
June 26, 2020

Executive Order on Continuing the President’s National Council for the American Worker and the American Workforce Policy Advisory Board
June 26, 2020

Executive Order on Modernizing and Reforming the Assessment and Hiring of Federal Job Candidates
June 26, 2020

Memorandum on Protecting the United States Lobster Industry
June 24, 2020

U.S. Department of Commerce

Statement from U.S. Secretary of Commerce Wilbur Ross on Revocation of Hong Kong Special Status
June 29, 2020

Remarks by Commerce Secretary Wilbur L. Ross at the 6th American Workforce Policy Advisory Board Meeting
June 26, 2020

From the U.S. Department of State

U.S. Government Ending Controlled Defense Exports to Hong Kong
June 29, 2020

U.S.-Greece Strategic Dialogue Energy Working Group
June 29, 2020

A New Transatlantic Dialogue
June 25, 2020

U.S. Funding of Global Health Strengthens COVID-19 Fight
Share America, June 25, 2020

Empty Promises from the People’s Republic of China in Africa
June 24, 2020

From the International Trade Administration

The U.S. Department of Commerce Celebrates First Anniversary of Trump Administration’s Prosper Africa Initiative
June 25, 2020

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

Chairman Reed Underscores Trade Finance Tools for U.S. Agricultural Exporters in Teleconference Co-Hosted by USDA and EXIM
June 24, 2020

From the Bureau of Economic Analysis

U.S. International Investment Position, First Quarter 2020, Year 2019, and Annual Update
June 30, 2020

From the World Trade Organization

Candidates for DG Selection Process 2020

WTO Report on G20 Shows Moves to Facilitate Imports Even as Trade Restrictions Remain Widespread
June 29, 2020

DDG Wolff: WTO Acceding Governments Reconfirm Value of Multilateral Trading System
June 29, 2020

WTO, UNCTAD, ITC Chiefs Announce Rollout of Revamped Trade Data Tool for Small Businesses
June 28, 2020

DG Azevêdo: Tackling Challenges Facing MSMEs is Critically Important
June 26, 2020

Fisheries Subsidies Negotiations Chair Introduces Draft Consolidated Text to WTO Members
June 25, 2020

DDG Wolff: Openness, Balance and Trust are Underlying Values of the WTO
June 25, 2020

Members Underline Importance of Facilitating Safe Agri-Food Trade in Times of Crisis
June 24, 2020

Republic of Korea Nominates Ms Yoo Myung-hee for Post of WTO Director-General
June 24, 2020

Who Will Lead the WTO and Help It Avoid Collapse?
Bloomberg, June 24, 2020

Voting on WTO Withdrawal
CATO Institute, June 23, 2020

Trade Agreements


Interagency Labor Committee for Monitoring
and Enforcement Procedural Guidelines
for Petitions Pursuant to the USMCA

Federal Register, June 30, 2020 Deadline is August 15, 2020

High-Wage Components of the Labor Value
Content Requirements Under the United States-Mexico-Canada Agreement Implementation Act

Federal Register, to be published July 1, 2020

Mexico’s President Confirms Visit to Trump
in Washington, Date to Be Set Soon

Reuters, June 29, 2020

NAFTA’s Successor is About to Take Effect.
Here’s Why it Will be Good for North
America—and Bad for the WTO

Atlantic Council, June 29, 2020

USMCA Replaces NAFTA This Week.
How Will it Change Trade?

MarketPlace, June 29, 2020

China-Taiwan Trade Pact Fails to Deliver 10 Years On
Nikkei Asian Review, June 30, 2020

Is UK Heading to No-Trade Deal Brexit? Banks Assess Risk
Reuters, June 30, 2020

Thailand’s TPP Stance on the Line as Ex-General Heads Ruling Party
Nikkei Asian Review, June 29, 2020

Colombia UK Bilateral Trade Agreement Passes Out of Colombian Senate
Finance Colombia, June 29, 2020

Vietnam: RCEP Manifests Free Trade, Multilateralism Amid Global Difficulties
The Star, June 28, 2020

UK Ready to Quit EU on ‘Australia Terms’ if No Brexit Deal, PM Johnson Says
The New York Times, June 27, 2020

Japan Presses UK on Speedy Trade Talks for End-of-Year Deal
Nikkei Asian Review, June 25, 2020

EU-Mexico Trade Agreement May Create Opportunities for Port Services Providers
The National Law Review, June 25, 2020

Why the Potential US-Turkey Free Trade Deal Could be Mutually Beneficial
TRT World, June 25, 2020

The UK Wants to Join CPTPP. That’s Good News for Japan.
The Diplomat, June 24, 2020

Drive for the World’s Biggest Free-Trade Deal Hits Bumps
Bloomberg, June 24, 2020

UK Says No Deadline For U.S. Trade Deal, Talks Tough On Terms
AgWeb, June 24, 2020

US-UK Free Trade Agreement Stalled Over Ag Disputes
The Well News, June 22, 2020

China ‘Interested’ in Trans-Pacific Trade Deal But Keen to Gauge Japan’s ‘Attitude’ Ahead of Potential Talks, Ex-Minister Says
Yahoo News, June 22, 2020


H-1B: Government Issues First-Ever Official Estimate of Visa Population in U.S.
The Mercury News, June 26, 2020

Liquor Duties Would Pose New Threat to US Bars Already Reeling
American Journal of Transportation, June 25, 2020

Sharpest Monthly Contraction in World Trade on Record
Capital Economics, June 25, 2020

The U.S. is Considering $3.1 Billion in New Tariffs on Products from France, Germany, Spain and the UK
CNBC, June 24, 2020

Exclusive: Congress Can Take Vote to Withdraw from WTO in July
Politico, June 23, 2020


California Gov. Gavin Newsom Signs $202 Billion Pandemic Budget
The Sacramento Bee, June 29, 2020

United States Conducts Review of Existing Tariffs on European Wines
Napa Valley Register, June 27, 2020

Report: California Agriculture Could Lose $8.6 Billion Due to Covid-19
Sacramento Business Journal, June 26, 2020

California’s Economic Recovery Will be Like a Slow ‘Nike Swoosh’
The Los Angeles Times, June 24, 2020

Congress Must Retake its Powers Over Trade, Scrap Tariffs
The Orange County Register, June 24, 2020

Economic Impacts of the COVID-19 Pandemic on California Agriculture
California Farm Bureau Federation, June 16, 2020

More International Articles

COVID-19 Trackers

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

COVID-19 Tracker
Channel News Asia, June 2020

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

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

Essential Critical Infrastructure Workforce Tracker
US Chamber, June 2020

International Chamber of Commerce
– Save our SMEs



China Approves New Hong Kong
Security Law, Risking U.S. Anger

Bloomberg, June 29, 2020

Trade Group Reports that US Food Suppliers are Foregoing China Contracts Over COVID-19 Hurdles
The Pig Site, June 29, 2020

U.S. Is Vulnerable to China’s Dominance
in Rare Earths, Report Finds

The Wall Street Journal, June 29, 2020

The WTO and TPP Amid the U.S.-China Trade War
The Japan Times, June 29, 2020

U.S.-China Feud Gets Nasty With
Red Tape as Stealth Weapon

Bloomberg, June 28, 2020

The Chinese Communist Party’s
Ideology and Global Ambitions

White House, June 26, 2020

Japan Quietly Takes Lead in
Asian Pushback Against China

Arab News, June 26, 2020

‘Ours is a Face-to-Face Business’: The Irish Ambassador to the U.S. on the Difficulties of Diplomacy During a Pandemic
The Washington Post, June 30, 2020

No Americans, Please — EU Shuts Out Travelers From U.S. As It Reopens to More Than a Dozen Countries
MarketWatch, June 30, 2020

Why a Trade War With China Is a Bad Idea for India
Foreign Policy, June 29, 2020

Governments Roll Back Coronavirus Trade Barriers
The Wall Street Journal, June 29, 2020

Coronavirus Rekindles Global Trade Disputes
The New York Times, June 29, 2020

Risk Management Concerns Increasing at Ports
American Journal of Transportation, June 29, 2020

India Lags China in South Asian Trade Despite Free Trade Agreements
Business Standard, June 29, 2020

Reviving Britain’s Economy Is Tough With an Aging Workforce
Bloomberg, June 28, 2020

Japan Told U.S. it Opposes South Korea Joining G7, in Move Likely to Anger Seoul
The Japan Times, June 28, 2020

Costa Rica to Accept Tourists from Countries with Virus Under Control
Reuters, June 26, 2020

Pompeo Says US Ready to Team Up on China, but EU Eyes a Post-Trump World
Politico, June 25, 2020

World Shipping Council Calls on Governments to Declare Seafarers as Key Workers
American Journal of Transportation, June 25, 2020

Once the Center of the Coronavirus Crisis, Europe Now Looks Ahead With Hope
The Wall Street Journal, June 25, 2020

EU Pushing Ahead with Digital Tax Despite U.S. Resistance, Top Official Says
Politico, June 23, 2020

World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery
IMF, June 2020





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Upcoming Events:

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 - : What role for the United Kingdom in the global trading system?

WEBINAR - Opportunities in the Cybersecurity Sector in Peru

Expo Virtual Panama
7/2/202- - 7/10/2020

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

e-Business Roundtable: Mexican Foodvenirs
7/27/2020 - 7/31/2020

WEBINAR - Upcoming Energy Projects in Central America

WEBINAR - Upcoming Energy Projects in Argentina

WEBINAR - Upcoming Energy Projects in Canada
8/26/2020 - 9/22/2020

Asia EDGE Trade Mission
9/13/2020 - 

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

Trade Mission: Business Opportunities n the Caribbean
11/15/2020 - 11/20/2020

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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