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

Tuesday, July 6, 2021

Featured Headlines


AmCham Mexico: Priorities Include
Economic Recovery Plus Bilateral
Cooperation, Sustainable Growth

CalChamber, July 2, 2021


Supply Chain Disruptions, Labor
Shortage Slow Economic Recovery

CalChamber, July 2, 2021


Global Tax Deal Reached Despite Vocal Opposition
Politico, July 1, 2021

Statement from Secretary of the Treasury
Janet L. Yellen on Today’s Agreement of
130 Countries to Support a Global Minimum
Tax for the World’s Largest Corporations

U.S. Department of the Treasury, July 1, 2021

CalChamber Companies in the News

CalChamber Immediate Past Chair, Mark Jansen, in Almonds Swept California Farms. Then the Water Ran Out
The Wall Street Journal, July 6, 2021

Northrop Grumman Receives Six Cogswell Awards for Outstanding Industrial Security Programs
Northrop Grumman, July 6, 2021

Hyatt Regency Koh Samui Marks First Property in Koh Samui, Thailand
Hyatt Newsroom, July 5, 2021

Trade Policy

From the White House

U.S. COVID-19 Global Response and Recovery Framework
July 1, 2021

Statement by President Joe Biden on Today’s Agreement of 130 Countries to Support a Global Minimum Tax for the World’s Largest Corporations
July 1, 2021

From the GOP House Ways and Means Committee

Brady: OECD/G20 Global Minimum Tax is a Dangerous Economic Surrender
July 1, 2021

USCMA is a Truly Bipartisan Effort
July 1, 2021

One-Year Later: What They’re Saying About USMCA
July 1, 2021

From the U.S. Trade Representative

Statement from Ambassador Katherine Tai Commemorating Independence Day
July 4, 2021

USMCA Trade Ministers to Meet in Mexico City
July 4, 2021

Readout of Ambassador Tai’s Meeting with Finland Minister for Development Cooperation and Foreign Trade Ville Skinnari
July 1, 2021

Biden Trade Chief Visits Mexico in Bid to Deepen Integration
Bloomberg, July 1, 2021

United States and Taiwan Hold Dialogue on Trade and Investment Priorities
June 30, 2021

The Office of the US Trade Representative and the US Department of Labor Convene Inaugural Meeting of US-Mexico-Canada Agreement’s Labor Council
June 29, 2021

Readout of Ambassador Tai’s Virtual Meeting with Singapore Trade and Industry Minister Gan Kim Yong
June 29, 2021

From the Department of State

The Eighth U.S.-Tajikistan Annual Bilateral Consultations
July 1, 2021

Mekong-U.S. Partnership Senior Officials’ Meeting
June 30, 2021

ASEAN Regional Forum Senior Officials’ Meeting
June 30, 2021

The Opening of the Israeli Embassy in the United Arab Emirates
June 29, 2021

From the Bureau of Economic Analysis

U.S. International Trade in Goods and Services, May 2021
July 2, 2021

New Foreign Direct Investment in the United States, 2020
July 1, 2021

U.S. International Investment Position, First Quarter 2021, Year 2020, and Annual Update
June 30, 2021

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

EXIM Releases 2020 Competitiveness Report
June 30, 2021

From the World Trade Organization

WTO Issues Updated Edition of “One-Page Case Summaries”
July 6, 2021

Improving Trade Data for COVID-19 Products Key to Better Response Policies: WTO
July 1, 2021

WTO Issues New Update on Trade in Medical Goods in the Context of COVID-19
June 30, 2021

World Bank, IMF, WHO, WTO Heads Call for Urgent Action to Accelerate Global Vaccine Access
June 30, 2021

Trade Agreements

Key Tool to Speed Approval
of Trade Pacts Expired July 1

CalChamber, July 2, 2021


Livestream Commemorates Year
One of U.S.-Mexico-Canada Agreement

CalChamber, July 2, 2021

USMCA Paves the Way
for Bold New Trade Agreements

The Hill, July 2, 2021

Ukraine, Turkey Agree to Strengthen Industrial Cooperation and Bilateral Trade
Ukrinform, July 6, 2021

Free Trade Agreement Between Serbia and the Eurasian Economic Union to Enter into Force on 10 July
Serbian Monitor, July 5, 2021

Agreement on Global Digital Tax Likely to Boost India-US Trade Negotiations
New Indian Express, July 4, 2021

UK and Singapore Begin Negotiations on Digital Trade Agreement
Illinois News Today, July 3, 2021

Free Trade Agreement Between the United Kingdom and Australia
IWSC, July 2, 2021

42 US Senators Urge Talks on Free Trade Agreement with Taiwan
Taiwan News, July 1, 2021

EU-Republic of Korea Trade Grows Twice as Fast Under Trade Agreement
The European Sting, July 1, 2021

Vietnam, Singapore Begin Negotiations on Digital Trade Agreement
the Diplomat, June 30, 2021

U.S., Taiwan Hold First Trade Talks Since 2016
Politico, June 30, 2021

Israel, UAE Talk About Free Trade Agreement
GOA Chronicle, June 30, 2021

UK Aims to Gain TPP Entry in 2022: Trade Secretary
Nikkei Asian Review, June 29, 2021

Singapore to Ink Free Trade Deal with Latin American Bloc by End of 2021
The Straits Times, June 29, 2021


The U.S.’s Faltering Commitment to Liberal Trade: The Biden Administration’s Lack of Interest in Fast-Track Authority is Telling.
Bloomberg, July 6, 2021

America Now Has a ‘One China, One Taiwan’ Policy: TIFA and TIPA Will Strengthen It
The Hill, July 6, 2021

Confronting China on trade
The Hill, July 5, 2021

Container Shipping Prices Skyrocket as Rush to Move Goods Picks Up
The Wall Street Journal, July 5, 2021

U.S. Trade Deficit Widened in May as Economic Rebound Fueled Demand for Imports
The Wall Street Journal, July 2, 2021

Biden Names Nominee for US Ambassador to Germany
The Hill, July 2, 2021

U.S. Wins International Backing for Global Minimum Tax
The Wall Street Journal, July 1, 2021

Good Riddance? Fast-Track Fades Away
The Hill, June 30, 2021

In One Chart: GDP Growth by State as COVID Recovery Takes Hold
MarketWatch, June 30, 2021

U.S. Trade Deals Have Added Half a Million Jobs, Agency Says
Bloomberg, June 29, 2021

Americans’ Hunger for the World’s Goods Drives Global Recovery
The Wall Street Journal, June 28, 2021


It’s on: California Recall Election Set for Sept. 14
Politico, July 1, 2021

More International Articles

China’s Exports of Coronavirus-Critical Medical Products Nearly Tripled in 2020, with US$105 Billion in Goods Shipped
South China Morning Post, July 2, 2021

EU and U.S. to Discuss Digital Tax Ahead of Bloc’s Levy Plan
American Journal of Transportation, July 2, 2021

G20 Finance Ministers and Central Bank Governors Venice Meeting and Side Events
G20 Italy, July 1, 2021

Canada’s Future Lies with a Free and Open Indo-Pacific
The Japan Times, July 1, 2021

Germany and Chile Sign Accord to Boost Hydrogen Cooperation
Reuters, June 29, 2021


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