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

Tuesday, December 7, 2021

Featured Headlines

CalChamber Joins Call for Congress to Pass Tariff Relief Bill by End of Year
CalChamber, December 3, 2021


U.S. Trade Deficit Sinks 18% in October
as Exports Surge to Record High

MarketWatch, December 7, 2021

Monthly U.S. International Trade in
Goods and Services, October 2021

U.S. Census Bureau, December 7, 2021


Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States
U.S. Department of the Treasury, December 2021

CalChamber Companies in the News

Northrop Grumman Signs Agreement with NASA to Design Space Station for Low Earth Orbit
Northrop Grumman, December 2, 2021

CalChamber Members CVS Health and Microsoft Announce New Strategic Alliance to Reimagine Personalized Care and Accelerate Digital Transformation
CVS Health, December 2, 2021

United to Become First in Aviation History to Fly Aircraft Full of Passengers Using 100% Sustainable Fuel
United Newsroom, December 1, 2021

Trade Policy

From the White House

Background Press Call by Senior Administration Officials on the Summit for Democracy
December 7, 2021

Remarks by President Biden on the Nation’s Supply Chains
December 1, 2021

From the U.S. Department of Commerce

Secretary of Commerce Gina M. Raimondo holds introductory call with the Taiwan Minister of Economic Affairs Mei-hua Wang
December 6, 2021

Come One, Come All: Registration for the 2022 SelectUSA Investment Summit is Now Open!
December 2, 2021

Department of Commerce Establishes Industrial Advisory Committee for Microelectronics
December 1, 2021

From the U.S. Trade Representative

Readout of Ambassador Katherine Tai’s Virtual Meeting with Austrian Minister for Digital and Economic Affairs Margarete Schramböck
December 7, 2021

USTR Commits to Implementing the U.S. Government’s National Action Plan to Combat Human Trafficking
December 3, 2021

USTR Announces Intention to Join the Joint Declaration on the Advancement of Gender Equality and Women’s Economic Empowerment Within Trade
December 2, 2021

United States Welcomes Successful Conclusion of Negotiation of WTO Joint Statement Initiative On Services Domestic Regulation
December 2, 2021

Readout of Ambassador Katherine Tai’s Virtual Meeting With Canada’s Minister of International Trade, Export Promotion, Small Business, and Economic Development, Mary Ng
November 30, 2021

From the U.S. Department of State

Deputy Secretary Sherman’s Meeting with the ASEAN Committee Washington
December 6, 2021

EU-U.S.: Joint Press Release by the EEAS and Department of State on the High-Level Consultations on the Indo-Pacific
December 3, 2021

United States and Kenya Hold Dialogue on Cyber Issues
December 3, 2021

U.S.-EU: Joint Press Release by the EEAS and Department of State on the Second High-Level Meeting of the U.S.-EU Dialogue on China
December 2, 2021

The U.S. Mission to the Organization for Security and Cooperation in Europe (OSCE): Advancing Security, Prosperity, and Human Rights
December 1, 2021

The United States and Sweden: A Partnership Built on Shared Commitments
December 1, 2021

Secretary Blinken’s Meeting with Transatlantic Quad Foreign Ministers
November 30, 2021

From the Bureau of Economic Analysis

U.S. International Trade in Goods and Services, October 2021
December 7, 2021

From the World Trade Organization

DDG Ellard Stresses Need to Maintain WTO Momentum, Importance of Dispute Settlement Reform
December 6, 2021

Rethinking China Trade 20 Years After It Joined the WTO
Bloomberg, December 6, 2021

Omicron Stopped Trade Ministers from Meeting. It Need Not Stop WTO Members from Delivering.
December 6, 2021

Why is WTO Reform So Difficult?
Brookings Institute, December 6, 2021

WTO Faces Renewed Scrutiny Amid Omicron Threat
The Hill, December 5, 2021

DDG Ellard Cites Role of WTO in Promoting Open Markets, Need for Transatlantic Cooperation
December 3, 2021

DG Calls on Members to Agree on Pandemic Response, Fisheries Subsidies by End-February
December 2, 2021

Negotiations on Services Domestic Regulation Conclude Successfully in Geneva
December 2, 2021

Group of 67 Nations in WTO Agree to Cut Red Tape in Services Trade
U.S. News, December 2, 2021

Reforming Global Trade Rules is Tough but Doable – WTO Chief
Reuters, December 1, 2021

More Than Two-Thirds of WTO Membership Now Part of Investment Facilitation Negotiations
November 30, 2021

World Trade Referee’s Rebirth Descends Into a Fight for Survival
Bloomberg, November 29, 2021

Trade Agreements

U.K. Seeks to Trade With U.S. States With Broader Deal on Hold
Bloomberg, December 6, 2021

Gov’t CPTPP Push to Drag on Until Presidential Election
The Korea Times, December 7, 2021

Free Trade Agreement Between India-Israel to Conclude by June 2022: Envoy Gilon
ANI News, December 5, 2021

PM Modi Likely to Sign the Proposed India-UAE Free Trade Agreement in Dubai in Jan 2022
The Hindu Business Line, December 4, 2021

Belize House Speaker Says Trade Pact Will Deepen Taiwan Ties
Focus Taiwan, December 4, 2021

U.S. to Delay UK Trade Deal Over Post-Brexit Concern
Reuters, December 2, 2021

Canada Enters Into Free Trade Negotiations With The Association Of Southeast Asian Nations
Mondaq, December 2, 2021

India-UK Free Trade Agreement Talks Set for Early 2022
Business Standard, December 2, 2021

Why South Korea Should Join the CPTPP
Brookings Institute, December 2, 2021

Brexit Not a Factor in U.S.-UK Trade Deal Delay, U.S. Official Says
Reuters, December 2, 2021

RCEP: Weighing the Good, Bad in World’s Biggest Free Trade Pact, December 1, 2021

Fears of Brexit Hold-Up Over UK-US Steel Spat
Politico, December 1, 2021

European Trade and Strategy in the Indo-Pacific: Why the EU Should Join the CPTPP
European Council on Foreign Relations, December 1, 2021


Retreat From Globalization Adds to Inflation Risks
The Wall Street Journal, December 5, 2021

Biden Trade Strategy Must Unlock New Access for US Dairy
The Hill, December 3, 2021

Yellen Says Cutting Some Tariffs on Chinese Goods Could Ease Price Pressures
Reuters, December 2, 2021

U.S. Trade Negotiator Pried Open Foreign Markets
The Wall Street Journal, December 1, 2021

Statement by Commissioner Bentzel on the WCMTOA Amendment
American Journal of Transportation, December 1, 2021

U.S.-Canadian Border Rules Ease, Offering Boost to Local Business
The Wall Street Journal, November 30, 2021


New CEO Jennifer Barrera Takes the Helm of California Chamber of Commerce
Sacramento Business Journal, December 4, 2021

Governor Newsom Statement on the Passing of Charlotte Shultz
Office of Governor Gavin Newsom, December 3, 2021

Record Volumes at L.A. Ports to Become ‘New Normal’ After Crisis
Bloomberg, December 1, 2021

More International Articles

U.S. – UK

BritishAmerican Business Calls for US-UK Trade and Economic Council
British American Business, December 6, 2021

US-Owned Businesses and Their Impact in the UK
Government of the United Kingdom, December 5, 2021

UK Trade Minister to Seek Closer Ties on U.S. Trip, Deal Remains Distant
Reuters, December 5, 2021

Trade Secretary to Boost Transatlantic Trade and Investment on First US Visit
Government of the United Kingdom, December 5, 2021

U.K. Warns U.S. Not to Conflate Steel Tariffs With Brexit Row
Bloomberg, December 2, 2021

‘China Shock’ Still Shakes World Grappling With Trade’s Future
Bloomberg, December 4, 2021

China Puts On its Own ‘Democracy Forum’ in Countdown to Biden’s Summit
South China Morning Post, December 4, 2021

China Is Racing Ahead to Lock in Asian Trade. Time to Worry.
Barrons, December 3, 2021

In 2020, the Value of Energy Trade Between the United States and Canada Declined
American Journal of Transportation, December 2, 2021

EU Unveils 300 Billion Euro Answer to China’s Belt and Road
Reuters, December 1, 2021

Global Trade Update
United Nations Council for Trade and Development, November 2021


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