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

Tuesday, December 8, 2020

Featured Headlines


Interview with Consuls General of France
Julie Duhaut-Bedos in Los Angeles and
Frederic Jung in San Francisco –
Economic Diversity, Foreign Investment Ties
Inspire Long-Lasting Partnership in Trade

CalChamber, December 8, 2020


What to Expect from Biden Administration
on Asia Pacific Trade Matters

CalChamber, December 8, 2020


Forum Examines Role of Taiwan, U.S. in Post-Pandemic Supply Chain Restructuring
CalChamber, December 8, 2020


Joint Communication To The European Parliament, The European Council and The Council: A New EU-US Agenda for Global Change
European Commission, December 2, 2020

The guiding principles of a new transatlantic agenda:

  • The transatlantic partnership should work to advance global common goods, providing a solid base for stronger multilateral action and  institutions. It will support all like-minded partners to join.
  • The EU and the US should pursue common interests and leverage our collective strength to deliver results on our strategic priorities.
  • We should always look for solutions that respect our common values of fairness, openness and competition – including where there are bilateral differences

2020 Report to Congress of the U.S.-China
Economic and Security Review Commission

U.S.-China Economic and Security Review Commission, December 2020


CalChamber Co-Sponsored Webinar: Intro to Trade Finance: Compete and Win Sales with EXIM’S Risk Protection & Access to Cash
Tuesday, January 12, 2021 at 10:00am PST

CalChamber Companies in the News

Anheuser-Busch Joint Pilot Project Brings Back Glass Bottle Refills in Sonoma and Marin Counties
Sonoma County Gazette, November 24, 2020

UPS Helps UNICEF Deliver Results for Children
UNICEF, November 20, 2020

Johnson & Johnson to Address Racial and Social Injustice Through Platform that Aims to Eliminate Health Inequities for People of Color
PR Newswire, November 17, 2020

Procter Gamble’s Oral-B Announces a New Initiative and $1 Million Commitment to Help Make Better Oral Health Outcomes Possible for All
Oral Health Group, October 21, 2020

Trade Policy

From the White House

Memorandum on Extension of Governors’ Use of the National Guard to Respond to COVID-19 and to Facilitate Economic Recovery
December 3, 2020

From the U.S. Trade Representative

United States and Ecuador update Trade and Investment Council Agreement with New Protocol on Trade Rules and Transparency
December 8, 2020

From the U.S. Department of State

The International Visitor Leadership Program: Celebrating 80 Years
December 7, 2020

The United States and Japan Join with Vietnam to Advance Shared Energy Goals
December 3, 2020

From the Bureau of Economic Analysis

U.S. International Trade in Goods
and Services, October 2020

December 4, 2020

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

EXIM Advisory Committee Meets to Discuss EXIM’s Content Policy and Program on China and Transformational Exports
December 3, 2020

From the World Trade Organization

Ninth China Round Table to Reflect on 25 Years of WTO Accessions
December 8, 2020

Electronics and Automotive Products Lift Global Merchandise Trade in Q3, Services Lag Behind
December 4, 2020

DDG Agah: Trade Key to Mitigating Impact of COVID-19 Pandemic on Africa
December 3, 2020

WTO Members Conclude Cluster of Fisheries Subsidies Meetings
December 2, 2020

“Pressing Needs for a Breakthrough” in WTO Farm Trade Talks
December 2, 2020

Trade Agreements

Brazil Pledge on Amazon Needed to Save EU-Mercosur Trade Deal -EU Diplomat
Reuters, December 7, 2020

Explainer: The Potential Impact of Brexit Without a Trade Deal
Reuters, December 7, 2020

Brexit: UK-EU Trade Talks Continue as ‘Sticking Points’ Remain
BBC, December 7, 2020

Bangladesh Signs First Preferential Trade Agreement (PTA) Since its Independence
All India Radio, December 6, 2020

UK Signs Post-Brexit Trade Agreement with Egypt
Yahoo, December 6, 2020

Japan Ratifies UK Trade Deal to Take Effect Jan. 1
Nikkei Asian Review, December 5, 2020

Taiwan and CPTPP Trade Pact a Perfect Fit
Taiwan News, December 5, 2020

The 101 on the African Continental Free Trade Agreement – AfCFTA
The Fintech Times, December 5, 2020

Passive Observer: The U.S. and Asia’s New Trade Pact
Medium, December 4, 2020

China Probably Won’t Join Trade Deal that has Replaced TPP, Says Former US Negotiator
South China Morning Post, December 3, 2020

Ukraine Intends to Negotiate Free Trade Agreement With Morocco
Morocco World News, December 2, 2020

Israel, Ukraine Free Trade Agreement to Go Into Effect New Year’s Day
The Jerusalem Post, December 2, 2020

China’s TPP Ambition Should be Viewed with Caution
Nikkei Asian Review, December 2, 2020

Chile Aims to Seal Updated EU Trade Deal in Early 2021
Reuters, December 1, 2020

No Text Yet for Canada-U.K. Trade Deal, Minister Says as Dec. 31 Tariff Deadline Looms
CBC, November 30, 2020


What Trade War? Trump Heartland Sees Record Farm Sales to China
Bloomberg, December 8, 2020

China Trade Surplus Hits Record $75B as Nov Exports Soar
AP, December 7, 2020

US Trade Deficit Rises 1.7% to $63.1 Billion in October
AP, December 4, 2020

U.S. Tech Giants Face Tighter Regulation in Europe
The Wall Street Journal, December 3, 2020

Biden Could Rebuild Trade Deal with Asia-Pacific to Counter China’s Dominance, Says Think Tank
CNBC, December 3, 2020

Biden Offers Transatlantic Embrace to Europe’s Already Open Arms
American Journal of Transportation, December 2, 2020

US Imports of Saudi Crude Oil Fall to Lowest in Three Decades
American Journal of Transportation, December 2, 2020

Biden Says Will Not kill Phase 1 Trade Deal with China Immediately: NYT
Reuters, December 1, 2020

Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
The Wall Street Journal, December 1, 2020

Rebuild the Trans-Pacific Partnership Back Better
Peterson Institute for International Economics, November 30, 2020


Port of Oakland Refinances to Save $87 Million in Future Debt Payments
American Journal of Transportation, December 8, 2020

California Lawmakers Have a Long COVID To-Do List as They Reconvene in Sacramento
The Los Angeles Times, December 7, 2020

Incoming Senate Features 8 New Members
CalChamber, December 7, 2020

More International Articles

China’s Exports Surge in Year-End Rush as Pandemic Fuels Demand
American Journal of Transportation, December7, 2020

Europe Seeks to Boost Pandemic-Damaged Economy by Spending
The Wall Street Journal, December 6, 2020

Canada’s Trade Gap Unchanged with Exports Struggling to Rebound
American Journal of Transportation, December 4, 2020

EU Says Boeing-Airbus Dispute Can Be Settled Under Trump
Bloomberg, December 3, 2020

Container Shipping is Booming Again. That Probably Won’t Last.
American Journal of Transportation, December 3, 2020

EU Reaches Accord with African, Caribbean and Pacific Countries
Politico, December 3, 2020

Covid the ‘Great Accelerator’ Bends Not Breaks Globalization
American Journal of Transportation, December 2, 2020

China’s Export Control Law to Become ‘Key Dynamic’ in US Relations
Nikkei Asian Review, December 1, 2020

China’s Fight With Australia Risks Backfiring as Biden Era Nears
Bloomberg, November 30, 2020

RCEP’s Birth Is Oversold As The World’s Largest New Free-Trade Area
Forbes, November 30, 2020

CFIUS and Patents: The Hippocratic Dilemma
by Charles Schott on LinkedIn, December 20, 2019


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