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


Tuesday, March 22, 2022

Featured Headlines


CalChamber Hosts Reception for Japanese Ambassador and Delegation
CalChamber, March 22, 2022

(From left) California Lieutenant Governor Eleni Kounalakis; Hiroshi Kawamura, Consul General of Japan in San Francisco; Japanese Ambassador Koji Tomita; CalChamber President and CEO Jennifer Barrera; Dee Dee Myers, Director, Governor’s Office of Business and Economic Development (GO-Biz).

California and Japan Partner to Bolster Economic Relations and Trade, Tackle Climate Change
Office of Governor Gavin Newsom, March 21, 2022


CalChamber Quarterly Economic Report: Economic Recovery, Job Growth Faster than Previous Recessions; Inflation Robust
CalChamber, March 18, 2022

CalChamber Companies in the News

Food Giant Cargill to Buy $290 Mln Stake in Chile Salmon Farmer
Reuters, March 18, 2022

Target Launches First ‘Net Zero Energy Store’ in California
Biz Women, March 18, 2022

Amazon Closes $8.5 Billion Acquisition Deal of MGM
Variety, March 17, 2022

Walmart’s Mexico Unit Aims to Double Mobile Phone Service Users in 2022
Reuters, March 15, 2022

Trade Policy

Former Governor Arnold Schwarzenegger’s Message to the Russian People
Twitter, March 17, 2022

House Approves Bill to Suspend Trade Relations with Russia, Senate Timing Remains Uncertain
Politico, March 17, 2022

Ukraine’s Zelensky Invokes 9/11, Pearl Harbor in Emotional Address to Congress
Los Angeles Times, March 16, 2022

From the White House

Readout of President Joe Biden’s Call with President Macron of France, Chancellor Scholz of Germany, Prime Minister Draghi of Italy, Prime Minister Johnson of the United Kingdom
March 21, 2022

Statement by President Biden on our Nation’s Cybersecurity
March 21, 2022
Fact Sheet

President Biden Announces Key Nominees (Including Ambassadors to Trinidad and Tobago, Qatar, and Morocco)
March 18, 2022

Remarks by President Biden on the Assistance the United States is Providing to Ukraine
March 16, 2022
Fact Sheet

Readout of Supply Chain Event Launching Data Initiative for Greater Supply Chain Resilience
March 15, 2022

From the U.S. Department of Commerce

Bipartisan National Security Experts Urge Congress to Pass Competitiveness Legislation to Boost Semiconductor Production and Domestic Manufacturing
March 21, 2022

Commerce Department Identifies Commercial and Private Aircraft Exported to Russia in Apparent Violation of U.S. Export Controls
March 18, 2022

Readout of Deputy Secretary Graves Meeting with Uzbekistan’s Deputy Prime Minister Sardor Umurzakov
March 17, 2022

From the U.S. Trade Representative

Request for Comments on the Proposed Fair and Resilient Trade Pillar of an Indo-Pacific Economic Framework
Comments close April 11, 2022

Ambassador Tai Marks KORUS 10th Anniversary at SK Siltron CSS
March 16, 2022

From the U.S. Department of State

OECD Hosts Executive Consultation Group Meeting on Blue Dot Network
March 21, 2022

U.S.-Croatia Joint Statement
March 17, 2022

The United States Shares 500 Million COVID-19 Vaccine Doses Worldwide
March 17, 2022

$1 Billion in New U.S. Security Assistance for Ukraine This Week
March 16, 2022

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

READOUT: EXIM Chair’s Council on China Competition Meets to Discuss Current State of Global Competition, Subcommittee Recommendations
March 17, 2022

EXIM Chair Reta Jo Lewis Welcomes Prime Minister of Côte D’Ivoire, Reaffirms Bank’s Commitment to Sub-Saharan Africa
March 16, 2022

From the World Trade Organization

WTO Offers Unique Forum for Dialogue on Global Supply Chain Issues — DG Okonjo-Iweala
March 21, 2022

W.T.O. Chief Calls for Deeper Global Trade to Address Supply Chain Disruptions.
The New York Times, March 21, 2022

Russian MPs Present Bill for Russia to Leave the WTO
InfoBae, March 21, 2022

Russia’s Invasion of Ukraine Turns WTO Meeting on its Head
The Hill, March 18, 2022

Agriculture Committee’s 100th Session Discusses Food Security, Farm Policies, Nairobi Decision
March 16, 2022

Director-General Okonjo-Iweala Hails Breakthrough on TRIPS COVID-19 Solution
March 16, 2022

Allies Join G7’s WTO Stance Towards Russia – EU Trade Chief
Reuters, March 15, 2022

Trade Agreements

US.-U.K Trade

America is to Ditch 25% Tariffs on British Steel in Big Boost for Hopes of Trade Deal
Daily Mail, March 21, 2022

U.S., British Officials Kick Off Talks to Strengthen Trade Tie
Reuters, March 21, 2022

United States and United Kingdom to Host U.S./UK Dialogues on the Future of Atlantic Trade in Baltimore, Maryland
U.S. Trade Representative, March 16, 2022

India, Australia Working to Reach Free Trade Agreement ‘Very Soon’
Arab News, March 21, 2022

China Must Engage Australia to Boost CPTPP Chances, Trade Minister Says
South China Morning Post, March 22, 2022

Germany Calls for New Talks on Transatlantic Trade Deal
Reuters, March 20, 2022

Malaysia Confirms China-Backed RCEP Free Trade Pact Comes Into Force, Expects US$200 Million Boost
South China Morning Post, March 18, 2022

War in Ukraine Puts UK-India Trade Deal Under the Microscope
Politico, March 18, 2022

UAE, Australia Plan to Begin Bilateral Trade Talks – Officials
Reuters, March 17, 2022

U.S.-South Korea Trade Deal Grew Exports But Brought Disappointments -U.S. Trade Chief
Reuters, March 15, 2022

Shifting Geopolitics Mean Canada and India Might Actually Do a Trade Deal this Time, Analysts Say
Financial Post, March 15, 2022


Pay-Anything Mood Grips U.S. Importers Fearful of Shipping Woes
Bloomberg, March 18, 2022

White House to Withdraw Key Agricultural Trade Nominee
Politico, March 15, 2022

White House Pushes Supply-Chain Operators to Share Data
The Wall Street Journal, March 15, 2022


Comprehensive Solutions Will Help Solve Shipping Supply Chain Problems
John McLaurin from PMSA in CalMatters, March 18, 2022

Container Dwell Time Improves for Cargo Leaving by Truck, but Rises for Rail Departures
Pacific Merchant Shipping Association, March 18, 2022

West Coast Trade Report
Pacific Merchant Shipping Association, March 2022

Port of Los Angeles Container Volumes Could ‘Soften’ This Spring
Supply Chain Drive, March 16, 2022

More International Articles

CP Rail and Teamsters Union Agree on Final Arbitration, Workers to Return to Jobs
Global News, March 22, 2022

Pressed to Choose Sides on Ukraine, China Trade Favors the West
Reuters, March 21, 2022

Japanese PM to Visit India to Build Indo-Pacific Partnership
ABC News, March 17, 2022

Ukraine War’s Global Economic Impact to Hit Poorest Hardest, OECD Says
The Wall Street Journal, March 17, 2022

China Finds Way to Do Covid Zero While Keeping Factories Open
Bloomberg, March 17, 2022

Japan’s Import Surge Points to Fallout for Households
Bloomberg, March 16, 2022

Another COVID-19 Lockdown In China Sees Supply Chain Woes Resurgence
International Business Times, March 16, 2022

Canada’s Inflation Rate Surges to a Fresh 30-Year High
Reuters, March 16, 2022

The Global Fight Over Chips Is About to Get Even Worse
Bloomberg, March 15, 2022



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