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


Tuesday, April 5, 2022

Featured Headlines

Reliable Data Crucial to Efficiency,
Preventing Supply Chain Bottlenecks

CalChamber, April 1, 2022


U.S. Trade Deficit Dips to $89.2 Billion,
but Stays Near Record High

MarketWatch, April 5, 2022

U.S. International Trade in Goods
and Services, February 2022

Bureau of Economic Analysis, April 5, 2022

CalChamber Companies in the News

Walmart Owns Most of the Supermarkets in Mexico
Visual Capitalist, March 30, 2022

Rio Tinto Concludes Argentinian Lithium Project Acquisition
Mining Technology, March 29, 2022

FedEx Names Subramaniam to Replace Smith as CEO
American Journal of Transportation, March 29, 2022

Trade Policy

From the White House

FACT SHEET: Implementation of the Australia – United Kingdom – United States Partnership (AUKUS)
April 5, 2022

AUKUS Leaders’ Level Statement
April 5, 2022

Remarks by President Biden on the Trucking Action Plan to Strengthen Our Nation’s Supply Chains
April 4, 2022

President Biden Announces Key Nominees (Including Ambassador to Thailand)
April 1, 2022

Addressing the Collective Challenges of our Time: Implementing the U.S. Strategy to Prevent Conflict and Promote Stability
April 1, 2022

A Proclamation on Adjusting Imports of Steel into the United States
March 31, 2022

FACT SHEET: Biden-‚Ā†Harris Administration Announces Additional Infrastructure Funding for Ports and Waterways
March 29, 2022

U.S.-Singapore Joint Leaders’ Statement
March 29, 2022
Remarks by President Biden
Remarks by Vice President Harris

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 29, 2022

President Biden Announces Key Nominees (Including Ambassador to Nepal
March 29, 2022

From the U.S. Department of Commerce

Commerce Adds 120 Entities in Russia and Belarus to the Entity List, Further Limiting the Russian and Belarusian Militaries’ Access to Items That Support Aggression Against Ukraine
April 1, 2022

Readout of Secretary Raimondo’s Meeting with Australian Minister for Trade, Tourism and Investment Dan Tehan
March 30, 2022

Joint Statement – Inaugural Australia-U.S. Strategic Commercial Dialogue (AUSSCD)
March 30, 2022

Readout of Secretary Raimondo’s Meeting with Delegation from Singapore
March 29, 2022

Joint Press Release: New Collaboration Under the U.S.-Singapore Partnership for Growth and Innovation (PGI)
March 29, 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

Readout of Ambassador Katherine Tai’s Roundtable with Singapore Labor Stakeholders
April 5, 2022

Readout of Ambassador Katherine Tai’s Meeting with Singapore’s Prime Minister Lee Hsien Loong
April 5, 2022

Readout of Ambassador Katherine Tai’s Meeting with Singapore’s Minister for Trade and Industry Gan Kim Yong
April 5, 2022

Readout of Ambassador Katherine Tai’s Meeting with Singapore’s Minister for Transport S Iswaran
April 4, 2022

USTR Releases Fiscal Year 2023 Congressional Budget Justification
April 1, 2022

USTR Releases 2022 National Trade Estimate Report on Foreign Trade Barriers
March 31, 2022

Joint Statement by Ambassador Katherine Tai and Australian Minister for Trade, Tourism and Investment, Dan Tehan
March 29, 2022

From the U.S. Department of State

U.S.-Turkey Joint Statement on the Strategic Mechanism
April 4, 2022

U.S. Department of State Paid Internship Program Now Open
April 4, 2022

Establishment of the Bureau of Cyberspace and Digital Policy
April 4, 2022

U.S. – Taiwan Working Group Meeting on International Organizations (IO Talks)
April 1, 2022

The U.S. Strategy to Prevent Conflict and Promote Stability: Priority Countries and Region
April 1, 2022

The United States-Kazakhstan Open Skies Air Transport Agreement Enters into Force
April 1, 2022

U.S.-EU Joint Press Release by the EEAS and Department of State on the First U.S.-EU High-Level Dialogue on Russia
March 30, 2022

Joint Statement from the U.S.-Czech Republic Strategic Dialogue
March 30, 2022

From the International Trade Administration

Advanced Manufacturing: What It Is and Why It’s Worth Investing In
April 5, 2022

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

EXIM Releases FY 2021 Annual Report
“Building a Better America”

March 30, 2022

READOUT: EXIM President and Chair Reta Jo Lewis Hosts Delegation from the Republic of Latvia
April 5, 2022

EXIM Releases February 2022 Monthly Small Business Authorization Data
April 5, 2022

New EXIM Board Approves First Major Transactions, Officially Closes in Russia
March 31, 2022

READOUT: EXIM Advisory Committee Meets to Discuss Supply Chain Resiliency, Subcommittee Recommendations
March 30, 2022

Export-Import Bank Announces New Council on Advancing Women in Business
March 29, 2022

READOUT: EXIM Chair Reta Jo Lewis Hosts Australia Minister of Trade, Tourism, and Investment
March 29, 2022

From the World Trade Organization

New WTO Statistics Dashboard Provides Graphical Presentation of Trade and Tariff Data
March 31, 2022

WTO Launches Book on Trade in Knowledge in Today’s Technological, Commercial Environment
March 31, 2022

Members Welcome COVID-19 Trade-Related Measures Report, Agree on Future Experience Sharing
March 31, 2022

Members Launch Discussions Under Trade and Environmental Sustainability Work Plan for 2022
March 31, 2022

DDG Ellard: WTO is Essential to the Rules-Based International Order
March 31, 2022

Plastics Dialogue Emphasizes Need for International Collaboration, Cooperation
March 30, 2022

WTO Releases Update to Statistical Profiles on Trade in Value-Added for 66 Economies
March 30, 2022

EU Confronts UK on Wind Turbines in First WTO Dispute Since Brexit
The Irish Times, March 29, 2022

Trade Agreements

The Africa Continental Free Trade Agreement and What it Means for E-Commerce
Modern Ghana, April 5, 2022

China to Cut Paper and Wood Tariffs from New Zealand from April 7
Reuters, April 3, 2022

Australia, India Sign Trade Deal in Virtual Ceremony
Reuters, April 2, 2022

Israel, UAE Finalise ‘Milestone’ Free Trade Deal
Reuters, April 1, 2022

US Trade Representative Says Efforts on a Phase-Two Deal with China Have Faltered
South China Morning Post, March 31, 2022

U.S. Trade Chief Tai Declines to Say if Taiwan Will Be Part of Indo-Pacific Pact
Reuters, March 31, 2022

S. Korean, U.S. Trade Chiefs Discuss New Economic Framework, Steel Tariffs
Yonhap News Agency, March 31, 2022

Indo-Pacific Trade Talks to Launch Soon, Australia’s Tehan Says
Bloomberg, March 30, 2022

PM Modi Moots Free Trade Agreement for BIMSTEC
The Hindu, March 30, 2022


U.S. Isn’t Seeking a ‘Divorce’ From China, Trade Chief Says
Bloomberg, April 5, 2022

Biden’s Indo-Pacific Power Play Stymied by Lack of Trade Authority
Nikkei Asia, April 3, 2022

Car Sales Seen Sputtering as Supply-Chain Woes Hurt Production
The Wall Street Journal, April 1, 2022

New Asia-Pacific Economic Pact Exposes Rift Among Democrats Over Trade Policy
The Wall Street Journal, March 31, 2022

American Businesses See Challenges and Opportunities in the U.S.-Mexico Relationship
U.S. Chamber, March 30, 2022

It’s Time for a Digital Trade Agreement by the U.S. Chamber of Commerce’s Myron Brilliant
Fortune, March 30, 2022

U.S. Trade Chief Says Time to Ditch ‘Old Playbook’ on China
Bloomberg, March 30, 2022

For Inflation Relief, the United States Should Look to Trade Liberalization
Peterson Institute for International Economics, March 2022


U.S. Dockworker Disruptions Given
the Odds of a Coin Flip

Bloomberg, March 31, 2022

West Coast Port Labor Talks Set for May 12
Ahead of July Expiry

American Journal of Transportation, March 30, 2022

U.S. Labor Secretary Will Watch West
Coast Ports’ Contract Talks ‘Very Closely’

gCaptain, March 29, 2022

‘Job killer’ List Tests Capitol’s Ideological Bent
CalMatters, March 30, 2022

More International Articles

U.S. Pitches ‘Defensive’ Indo-Pacific Trade Rules in Singapore
Nikkei Asia, April 5, 2022

China’s Stance on Russia’s War in Ukraine Unlikely to Have Major Effect on Asia Trade Ties, Analysts Say
South China Morning Post, April 5, 2022

Deglobalisation: Will Backlash Against Russia Lead to Downturn in Open Trade?
The Financial Times, April 3, 2022

Russia-Linked Shipping Containers Stacking Up in Rotterdam
gCaptain, April 1, 2022

Panama Canal Proposes New Toll System, Raising Transit Costs
gCaptain, April 1, 2022

Chinese Trade with Russia Feels the Sting of Ukraine War
Reuters, April 1, 2022

European Inflation Soars to Record 7.5% on Fuel, Food Costs
The Associated Press, April 1, 2022

Shanghai’s Workers Sleep on Floors to Keep Factories Going Amid Covid-19 Lockdown
The Wall Street Journal, April 1, 2022

Ukrainian Factories Struggle as Russia’s Assault Rattles Supply Chains
The Wall Street Journal, March 31, 2022

China’s Covid Lockdowns Strain Economy and Global Supply Chains
Bloomberg, March 31, 2022

World’s Longest Suspension Bridge is Unveiled in Turkey Costing £2.1billion and With a 1.25-mile Span Between its Towers
Daily Mail, March 30, 2022

All Russia’s Big Exports Could Soon Be in Roubles, Kremlin Signals
Reuters, March 30, 2022

As Trade With Russia Halts, Countries Turn to Canada
The Wall Street Journal, March 29, 2022

Global Supply Lines Brace for ‘Menacing’ Economic Storm to Widen
Bloomberg, March 28, 2022


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