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

Tuesday, February 22, 2022

Featured Headlines

California Keeps Top Trading State Status
CalChamber, February 18, 2022


Goods Barometer Signals Possible Turning Point
for Trade as Supply Pressures Ease

World Trade Organization, February 21, 2022

Global Trade Hits Record High of $28.5 Trillion in 2021, but Likely To Be Subdued in 2022
UNCTAD, February 17, 2022

CalChamber Companies in the News

Northrop Grumman Cygnus NG-17 Arrives at ISS
Nasa Space Flight, February 19, 2022

IBM Launches 2-year Global Pro Bono Environmental Program for Non-Profits
IBM Newsroom, February 17, 2022

Korea Selects Boeing to Support Readiness for Three Critical Defense Platforms
Boeing Mediaroom, February 15, 2022

PRIDE Industries Awarded Prestigious 2021 Chapman Prize
Pride Industries, February 8, 2022

Trade Policy

From the White House

FACT SHEET: Securing a Made in America Supply Chain for Critical Minerals
February 22, 2022

Remarks by Vice President Harris at the Munich Security Conference
February 19, 2022

Readout of President Biden’s Call with Transatlantic Leaders
February 18, 2022

Readout of Vice President Kamala Harris’s Meeting with Baltic Leaders
February 18, 2022

From the U.S. Department of Commerce

U.S. Commercial Service Export
Assistance Centers of California


Notice Seeking Public Comments on Methods to Prevent the Importation of Goods Mined, Produced, or Manufactured with Forced Labor in the People’s Republic of China, especially in the Xinjiang Uyghur Autonomous Region, into the United States
Request for Public Comment, comments close 3/10/22.

From the U.S. Trade Representative

USTR Releases 2021 Review of Notorious Markets for Counterfeiting and Piracy
February 17, 2022


2021 Report to Congress
on China’s WTO Compliance

February 2022

Readout of Ambassador Katherine Tai’s Meetings with France’s Minister of Economy, Finance and Recovery Bruno Le Maire and France Minister-Delegate for Foreign Trade Franck Riester
February 21, 2022

Joint Statement of the United States – Ecuador Trade and Investment Council
February 18, 2022

From the U.S. Department of State

Special Presidential Envoy for Climate John Kerry “Implementation Plus: Global Climate Action in 2022”
February 21, 2022

Secretary Blinken’s Trilateral Meeting with Australian Foreign Minister Payne and UK Foreign Secretary Truss on AUKUS
February 19, 2022

Joint Statement on the 2nd United States-Thailand Energy Policy Dialogue
February 18, 2022

Joint Statement on U.S.-Estonia Relations
February 16, 2022

Secretary Blinken’s Call with Transatlantic Quad Foreign Ministers
February 15, 2022

From the International Trade Administration

Commerce Announces Competitive Grant Program to Promote U.S. Exports
February 15, 2022

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

Reta Jo Lewis Sworn in as U.S.
Export-Import Bank President and Chair

February 16, 2022

From the World Trade Organization

EU Initiates WTO Dispute Complaint Rerding Chinese Intellectual Property Enforcement
February 22, 2022

Supply Chain Resilience Highlighted at Fifth Anniversary of Trade Facilitation Agreement
February 22, 2022

EU Trade Ministers Hopeful of 12th WTO Ministerial Conference in 2022
Fibre2Fashion, February 21, 2022

WTO Members Look at How Trade Can Help LDCs Recover From COVID-19
February 16, 2022

Trade Agreements

U.S. Urges Canada to Abandon Digital Service Tax
The Wall Street Journal, February 22, 2022

EU, U.S. Trade, Technology Body to Meet May 15-16 in France
Reuters, February 21, 2022

India, US In Talks To Boost Economic Ties Beyond Free Trade Deal: Minister
NDTV, February 21, 2022

India-Australia Free trade Deal Weeks Away
The Young Witness, February 21, 2022

Britain’s CPTPP Progress Holds Few Clues for Outcome of Beijing, Taiwan Bids, Analysts Say
South China Morning Post, February 21, 2022

Israel and Morocco Sign Trade Agreement
Jewish Press, February 21, 2022

Serbia and China to Sign Free Trade Agreement by End 2022
China Briefing, February 21, 2022

India May Conclude Trade Deal with GCC Countries This Year
Deccan Herald, February 20, 2022

U.S. Lifts Temporary Ban on Avocados From Mexico
The New York Times, February 19, 2022

Britain Gets Approval for Next Step to Join Trans-Pacific Trade Pact
Reuters, February 18, 2022

India and UAE Sign Major Investment Pact, Over $100 Billion in Bilateral Trade
CNBC, February 18, 2022

USTR Says New Trade Tools Needed to Fight China State-Led Trade
Reuters, February 16, 2022

Canada Says USMCA Panel Finds U.S. Solar Tariffs Violate Trade Pact
Reuters, February 15, 2022

New Zealand to Lower Barriers to Chinese Investment Under Upgraded Trade Deal
South China Morning Post, February 15, 2022


US Indo-Pacific Strategy Short on Trade Incentives, Experts Say
Voice of America, February 19, 2022

US Mulls Booting Nicaragua From Trade Pact Over Crackdown
The Associated Press, February 18, 2022

How Manufacturers Can Make The Infrastructure Investment And Jobs Act Work For Them
Forbes, February 18, 2022

The US Needs a Free Trade Deal with Itself
The Hill, February 18, 2022

Our Mineral Supply Chain is a National Security Imperative
The Hill, February 17, 2022

Justice Department to Investigate Companies Exploiting Supply Chain Snafus
Los Angeles Times, February 17, 2022

Planes, Cranes, and Barges: How America Is Adapting to Supply Chain Chaos
Bloomberg, February 17, 2022

Americans Want to Travel and Are Eager to Splurge, Companies Say
The Wall Street Journal, February 17, 2022

‘Indo-Pacific Economic Framework’ and TPP’s Ghost
Asia Times, February 16, 2022

US Accuses China of Backing Away from Free-Trade Commitments
Associated Press, February 16, 2022

Truckers Face Supply-Chain Hurdles to Fleet Upgrades
The Wall Street Journal, February 16, 2022

U.S. Producer Prices Accelerate Amid Broadening Inflation Pressures
Reuters, February 15, 2022

Farmers Feel the Squeeze of Inflation
The Wall Street Journal, February 15, 2022


Ongoing STEP Funding Opportunities
The California State Trade Expansion Program (STEP) continues to fund eligible California small businesses for export activities through May 2022. Businesses can apply for reimbursement grant funding through STEP in order to initiate or expand export activities. This can include trade show/mission attendance, translation services, and much more. Click here to apply.

West Coast Trade Report
Pacific Merchant Shipping Association, February 2022

Port of Los Angeles Saw Busiest January on Record
The Center Square, February 21, 2022

University Of San Diego Releases Report on California-Baja Economy
KPBS, February 21, 2022

Los Angeles Port Chief Seeks Unused Truck, Rail-Capacity Fixes
Bloomberg, February 17, 2022

Sparkling Diplomacy: How a California Wine May Have Helped thaw Cold War Relations
The Washington Post, February 17, 2022

California Seeks to Ease Port Congestion by Leasing Six Container Storage Sites
Supply Chain Quarterly, February 16, 2022

California Port Executives Meet Virtually with CA Lieutenant Governor, State Controller, Policymakers to Discuss Solutions to Global Supply Chain Crisis
American Journal of Transportation, February 16, 2022

More International Articles

What’s at Stake for the Global Economy as Conflict Looms in Ukraine
The New York Times, February 21, 2022

India’s Renewed Embrace of Free Trade Agreements
East Asia Forum, February 21, 2022

China Port Delays Slow Shipments From Iron Ore to Electronics
Bloomberg, February 18, 2021

China’s CPTPP Trade-Pact Aspirations Bring Vows for Reform as Beijing Reaches Out to Members
South China Morning Post, February 18, 2022

Expensive Shipping Containers Mean Rough Sailing for Global Trade
The Wall Street Journal, February 17, 2022

How China Beat Out the U.S. to Dominate South America
Bloomberg, February 17, 2022

IMF Warns Europe That Supply Snarls May Drag Into 2023, Test ECB
Bloomberg, February 17, 2022

Canada’s Trudeau Calls Protesters’ Blockade an Economic Threat
Reuters, February 17, 2022

A Burning Cargo Ship Full of Porsches and VWs is Adrift in the Mid-Atlantic
NPR, February 17, 2022

Work Underway to Widen Suez Canal
February 15, 2022

Argentina Joins China’s Belt and Road Initiative
Asia Times, February 15, 2022


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