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

Tuesday, June 8, 2021

Featured Headlines

Report: Foreign Direct Investment in California, 2021
World Trade Center Los Angeles, June 2021

California Foreign Direct Investment: Tech Guide
California Association for Local Economic Development, 2021


Report: Building Resilient Supply Chains,
Revitalizing American Manufacturing,
and Fostering Broad-Based Growth

White House, June 2021

FACT SHEET: Biden-Harris Administration Announces Supply Chain Disruptions Task Force to Address Short-Term Supply Chain Discontinuities
White House, June 8, 2021

CalChamber Companies in the News

Navy, Boeing Make Aviation History with MQ-25 Becoming the First Unmanned Aircraft to Refuel Another Aircraft
Boeing Mediaroom, June 7, 2021

United Customers Could Soon Fly to London in Under 4 Hours Thanks to Futuristic New Planes
Travel and Leisure, June 4, 2021

Amazon Launches New Program to Support Americans Displaced from the Job Market Return to the Workforce
Amazon Newsroom, June 3, 2021

CalChamber Board Member Albertsons Just Made the First Zero-Emissions Food Delivery with a Class 8 Truck
Fast Company, May 28, 2021

Trade Policy

From the White House

President Biden Announces Three Key
Nominations (Including the Nomination
of Rufus Gifford as Protocol Chief)

May 28, 2021

FACT SHEET: U.S. – Guatemala Cooperation
June 7, 2021

Executive Order on Addressing the Threat from Securities Investments that Finance Certain Companies of the People’s Republic of China
June 3, 2021

Statement by President Joe Biden on Global Vaccine Distribution
June 3, 2021

Fact Sheet on the President’s Budget for FY 2022
May 28, 2021

From the U.S. Department of Commerce

U.S. Secretary of Commerce Gina M. Raimondo Statement on Biden-Harris Administration 100 Day Supply Chain Review
June 8, 2021

Department of Commerce Recognizes the United Arab Emirates’ Termination of Participation in the Arab League Boycott of Israel
June 7, 2021

President Biden to Join Secretary Raimondo at the 2021 SelectUSA Investment Summit
June 2, 2021

From the U.S. Trade Representative

Readout of Ambassador Tai’s Virtual Roundtable with Senator Sherrod Brown and Ohio Workers
June 4, 2021

USTR Announces, and Immediately Suspends, Tariffs in Section 301 Digital Services Taxes Investigations
June 2, 2021

Readout of Ambassador Tai’s Virtual Meeting with International Union Presidents, Secretaries General, and Representatives
June 1, 2021

Statement by Ambassador Katherine Tai on the President’s Fiscal Year 2022 Budget
May 28, 2021

Readout of Ambassador Tai’s Virtual Meeting With Vice Premier of China Liu He
May 26, 2021

United States Urges WTO Members to Address Forced Labor on Fishing Vessels in Ongoing Fisheries Subsidies Negotiations
May 26, 2021

From the U.S. Department of State

Joint Statement on the Launch of the U.S.-Japan Global Digital Connectivity Partnership
June 3, 2021

Secretary Blinken’s Meeting with Foreign Ministers from Central America and Mexico
June 2, 2021

United States Chairs Organization for Economic Cooperation and Development 60th Anniversary Ministerial and Welcomes New Secretary General
June 1, 2021

The United States and Costa Rica: Partners in Democracy and Security
June 1, 2021

State Department and U.S. Agency for International Development (USAID) FY 2022 Budget Request
May 28, 2021

The President’s Fiscal Year 2022 Budget
May 28, 2021

From the Bureau of Economic Analysis

U.S. International Trade in Goods
and Services, Annual Revision

June 8, 2021

U.S. International Trade in Goods and Services, April
June 8, 2021

From the World Trade Organization

High Time for Global Rules on Fishing Subsidies, the DG and Chair Declare on Ocean Day
June 8, 2021

DG Okonjo-Iweala on World Environment Day: Harness Sustainable Trade to Protect the Planet
June 5, 2021

DG Okonjo-Iweala Calls for Enhancing LDCs’ Integration in Global Services Trade
June 2, 2021

New $50 Billion Health, Trade and Finance Roadmap to End the Pandemic and Secure a Global Recovery
June 1, 2021

Trade Agreements

U.S., Taiwan to Launch Trade Talks
The Wall Street Journal, June 8, 2021

UK Secures New Trade Deals with Norway, Iceland and Liechtenstein
BusinessNewsWales, June 7, 2021

Australia-US in Talks on Digital Trade Pact
InnovationAus, June 7 2021

India, Australia Likely to Resume FTA Talks Soon
The Economic Times, June 6, 2021

UK and Australia Bid to Strike Trade Deal by Mid-June
Reuters, June 3, 2021

Taiwan Keen to Join Trans-Pacific Trade Pact and World Bodies like WHO
The Straits Times, June 3, 2021

China Begins TPP Groundwork as UK Moves Closer to Entry
Nikkei Asian Review, June 3, 2021

India, U.K. Eye Interim Pact to Help Clinch Major Trade Deal
Bloomberg, June 2, 2021

UK Looks to Seal Australia Trade Deal After G7
Financial Times, June 2, 2021

U.K. to Begin Process to Join Trans-Pacific Trade Partnership
Bloomberg, June 1, 2021

Taiwan Calls on Australia to Restart Free Trade Agreement Talks
The Epoch Times, May 31, 2021

Israel, UAE Sign Tax Treaty to Boost Economic Cooperation
Reuters, May 31, 2021

A Temporary U.S.-China Trade Truce Starts to Look Durable
The New York Times, May 27, 2021


US Trade Deficit Drops 8.2 Percent
The Hill, June 8, 2021

From The Queen To Putin, Here's What Biden Has Planned For His Trip To Europe
CapRadio, June 7, 2021

Biden Poised to Announce First Slate of Ambassador Nominees as He Eyes First Trip Abroad
CNN, June 5, 2021

The U.S. Imposes — and Suspends — Tariffs on Six Countries Over Digital Taxes.
The New York Times, June 2, 2021

The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen.
The Wall Street Journal, June 2, 2021

Imported Agriculture: Updated Planning and Communication Could Enhance Agency Coordination of Inspections
Government Accountability Office, June 1, 2021

Janet Yellen and China’s Liu He Speak by Video Call
The Wall Street Journal, June 1, 2021

Biden Should Terminate Trump’s Tariffs, Not Continue Them
The Orange County Register, May 31, 2021

The U.S. Is Back in the 5G Game
The Wall Street Journal, May 26, 2021

Biden Ready to Name Eric Garcetti Ambassador to India
Axios, May 25, 2021


California Partners with Impact Hub
Yerevan on Trade and Services Desk

Governor’s Office of Business and Economic Development, June 1, 2021


With the Pandemic Waning, Californians are Ready to Travel this Summer
SF Chronicle, May 28, 2021

More International Articles

OECD Economic Outlook: No Ordinary Recovery
OECD, May 31, 2021


G-7 Tax Plan: What We Know About the Global Corporate Tax Deal
The Wall Street Journal, June 8, 2021

Crapo, Brady Urge Caution on G-7 Agreement
U.S. Senate Committee on Finance, June 5, 2021

G7 Finance Ministers & Central Bank Governors Communique
U.S. Department of the Treasury, June 5, 2021

Statement from Secretary of the Treasury Janet L. Yellen On G7 Finance Ministers’ Commitment to Global Minimum Tax
U.S. Department of the Treasury, June 5, 2021

G7 Trade Ministers’ Communiqué
G7 UK, May 28, 2021


APEC Ministers Responsible for Trade Meeting Joint Statement 2021
APEC, June 5, 2021

S. Korea Eyes Record High Exports for 2021: Minister
Yonhap News, June 8, 2021

What Biden Needs From Europe to Stand Up to China
Bloomberg, June 7, 2021

Chile and Canada: 25 Years of Close Relations After the Free Trade Agreement
Fresh Plaza, June 7, 2021

U.K.’s Frost Says Northern Ireland Situation ‘Unsustainable’
Bloomberg, June 6, 2021

U.S.-China Trade Relationship Significantly Imbalanced, Tai Says
Bloomberg, June 5, 2021

US Senators Promise Vaccines for Taiwan Amid China Row
The Washington Post, June 5, 2021

Airline Trade Groups Urge Canada to Put Border-Reopening Plans in Motion by June 21
USA Today, June 4, 2021

U.K.’s Economic Center of Gravity Starts to Shift: Beyond Brexit
Bloomberg, June 3, 2021

Japan Floats Plan to Reboot Its Aging Chip Industry
Bloomberg, June 3, 2021

U.K. Could Become Net Power Exporter to Europe in Five Years
American Journal of Transportation, June 3, 2021

India’s Covid Crisis has Ripple Effects for Garment Industry Worldwide
NBC News, June 2, 2021

Traveling to Europe? Here’s What’s Open to U.S. Tourists
The Wall Street Journal, June 2, 2021

Weary Seafarers Come Ashore in US for J&J One-Dose Shots
American Journal of Transportation, June 2, 2021

Biden Set for G-7 Boost in Bid for All Nations to Impose Minimum Global Corporate Tax
The Washington Post, June 1, 2021

China Says It Will Allow Couples to Have 3 Children, Up From 2
The New York Times, May 31, 2021

Ahead of Biden Visit, EU Looks to Consign Trade Tensions to Past
Bloomberg, May 28, 2021

Mexico’s Air-Safety Rating Lowered by US, Limiting Flights
American Journal of Transportation, May 25, 2021

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CalChamber Policy Briefings

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Trade Update
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Upcoming Events:

Consulate General of Georgia Webinar – Georgia: View from Silicon Valley

Build Back Better together
Build Back Better Together: Canada-United States


2021 SelectUSA Investment Summit
7/7/2021 – 7/11/2021

Sourcing Taiwan Online-Smart Vehicle Supply Chain

USA Pavilion
Defense Exhibition Athens 2021: USA Pavilion

07/13/2021 – 07/15/2021

Exporting - What's in It for You?
07/13/2021 - 07/15/2021

EXIM’s 2021 Virtual Annual Conference
9/21/2021 – 9/23-2021

Expo Dubai 2021
10/1/2021 – 3/31/2021

2021 Select LA Investment Summit
10/20/2021 – 10/21-2021

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


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for Free Trade

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