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


Tuesday, May  24, 2022

NEXT CITU on Tuesday, June 7, 2022

Featured Headlines

Indo-Pacific Economic Framework

Statement on Indo-Pacific
Economic Framework for Prosperity

White House, May 23, 2022

FACT SHEET: In Asia, President Biden and a
Dozen Indo-Pacific Partners Launch the
Indo-Pacific Economic Framework for Prosperity

White House, May 23, 2022

U.S. Secretary of Commerce Gina Raimondo
and U.S. Trade Representative Katherine Tai
Host First Ministerial Meeting with Indo-Pacific Economic Framework for Prosperity Partners

U.S. Department of Commerce, May 23, 2022

12 Asian Nations Join Negotiations on Biden’s Signature Economic Initiative for the Region
Politico, May 23, 2022

EXPLAINER: What’s in Biden’s
Proposed New Asia Trade Pact?

The Associated Press, May 23, 2022

Biden Unveils a U.S.-Asia Trade Initiative
That Falls Short of a Free-Trade Deal

Los Angeles Times, May 23, 2022

Biden Arrives in Tokyo Seeking to
Shore Up Support for Economic Plan

The New York Times, May 22, 2022

Manchin, Capito Lead 52 Bipartisan Senators
in Pressing Biden Administration to Include
Taiwan in Indo-Pacific Economic Framework

Office of Senator Joe Manchin, May 18, 2022


Summer Davos

Defining the US in a Changing World with
U.S. Commerce Secretary Gina Raimondo

World Economic Forum, May 24, 2022

Special Address by Jens Stoltenberg, Secretary-General, North Atlantic Treaty Organization
World Economic Forum, May 24, 2022

Special Address by Ursula von der Leyen,
President of the European Commission

World Economic Forum, May 24, 2022

Zelenskyy Tells Davos: We Want More
Sanctions and More Weapons

Politico, May 23, 2022

Opinion: WEF President: How the
World Can Rebuild Cooperation

CNN Business, May 21, 2022

Every Country Has Its Own Digital Laws. How Can We Get Data Flowing Freely Between Them?
World Economic Forum, May 20, 2022


District Export Council

2022 National Export Council Meeting Report
CalChamber, May 24, 2022

CalChamber Companies in the News

McWong International: Leader in Manufacturing, Lighting, Innovation for More Than 30 Years
CalChamber, May 17, 2022

US Navy Deploys MQ-8C Fire Scout to Indo-Pacific
Northrop Grumman, May 23, 2022

United Applies to Launch Historic, First-Ever Nonstop Service between Washington, D.C. and Cape Town
United Newsroom, May 18, 2022

Aetna Recognizes Sacramento Covered and Sacramento Self-Help Housing with Community Heart Awards and $50,000 in Donations
CVS Health Newsroom, May 17, 2022

Lufthansa Cargo Orders Ten Boeing Freighters
Air Freight News, May 12, 2022

Trade Policy

From the White House

Remarks by President Biden and Prime Minister Narendra Modi of the Republic of India Before Bilateral Meeting
May 24, 2022

Remarks by President Biden and Prime Minister Anthony Albanese of the Commonwealth of Australia Before Bilateral Meeting | Tokyo, Japan
May 24, 2022

Joint Statement Between the United States and the European Commission on European Energy Security
May 24, 2022

Quad Joint Leaders’ Statement
May 24, 2022
Fact Sheet

Remarks by President Biden and Prime Minister Kishida Fumio of Japan During Bilateral Meeting
May 23, 2022

Japan-U.S. Joint Leaders’ Statement: Strengthening the Free and Open International Order
May 23, 2022

FACT SHEET: The U.S.-Japan Competitiveness and Resilience (CoRe) Partnership
May 23, 2022

United States-Republic of Korea Leaders’ Joint Statement
May 21, 2022

President Biden Announces Key Nominees (Including Ambassadors to Tunisia and Uzbekistan)
May 20, 2022

Remarks By President Biden, President Niinistö of Finland, and Prime Minister Andersson of Sweden after Trilateral Meeting
May 19, 2022

FACT SHEET: U.S.-ASEAN Special Summit in Washington, DC
May 12, 2022

From the U.S. Department of Commerce

U.S. Department of Commerce Statement on Sudan Business Advisory
May 23, 2022

Readout of Secretary Raimondo’s Meeting with Japanese Minister of Economy, Trade, and Industry Koichi Hagiuda
May 23, 2022

U.S. Secretary of Commerce Gina Raimondo Hosts Roundtable with President Biden, Minister Lee Chang-yang, and U.S. and Korean Business Leaders
May 21, 2022

Readout of Secretary Raimondo’s Meeting with Korean Minister of Trade, Industry and Energy Lee Chang-yang
May 21, 2022

Commerce Secretary Gina Raimondo to Join Economic Cooperation Talks in Asia, Represent Biden Administration at World Economic Forum in Switzerland
May 19, 2022

2022 SelectUSA Investment Summit: Commerce Secretary Gina M. Raimondo Announces Speaker Lineup, Includes U.S. Cabinet and Prominent Private Sector Leaders
May 18, 2022

From the U.S. Trade Representative

US Must Be ‘Strategic’ on China Tariffs, Trade Representative Tai Says
Bloomberg, May 23, 2022

Joint Media Release of the United States, Australia, Canada, Chile, Japan, the Republic of Korea, and New Zealand on the Occasion of the APEC Ministers Responsible for Trade Meeting, 21-22 May 2022
May 22, 2022

The AP Interview: US Trade Rep. Sees Opportunity in Recovery
The Associated Press, May 20, 2022

Statement from Ambassador Katherine Tai on the Publication of New Canadian Dairy Tariff-Rate Quota Policies
May 16, 2022

Readouts this past week:
New Zealand

From the U.S. Department of State

Secretary Blinken’s Meeting with Australian Foreign Minister Wong
May 24, 2022

Blinken to Unveil Long-Awaited China Strategy in Thursday Speech
Politico, May 23, 2022

Secretary Blinken’s Meeting with Japanese Foreign Minister Hayashi
May 23, 2022

The United States Leads Days of Action on Global Food Security at the United Nations
May 18, 2022

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

Statement from Export-Import Bank of the United States President and Chair Reta Jo Lewis on World Trade Week 2022
May 17, 2022

From the World Trade Organization

Goods Barometer Remains Flat as Ukraine Conflict, COVID-19 Weigh on Trade
May 23, 2022

DG Okonjo-Iweala Underlines Need to Help African Small Businesses Access Trade Finance
May 23, 2022

WTO Accession for the Comoros Moves Towards Final Stages
May 19, 2022

Russia Takes First Steps to Withdraw from WTO, WHO
Politico, May 18, 2022

WTO Launches New WTO Data Portal
May 17, 2022

Trade Agreements

U.S.-EU Trade and Technology Council

FACT SHEET: U.S.-EU Trade and Technology
Council Establishes Economic and
Technology Policies & Initiatives

White House, May 16, 2022

U.S.-EU Joint Statement of the
Trade and Technology Council

U.S. Department of Commerce, May 16, 2022
Fact Sheet

Joint Statement by President von der Leyen
and President Biden on the Meeting
of the Trade and Technology Council

European Commission, May 16, 2022

U.S. Chamber Statement on the U.S.-EU Trade and Technology Council Ministerial
U.S. Chamber, May 16, 2022

The Importance of the Transatlantic Partnership
National Foreign Trade Council, May 10, 2022

Biden Says He’ll Review Trump’s China Tariffs, Fueling Yuan Rally
Bloomberg, May 23, 2022

Minister Ng Announces Canada’s Request to Join the Digital Economy Partnership Agreement
Government of Canada, May 22, 2022

Apec Trade Meet Ends Without Joint Statement
Bangkok Post, May 22, 2022

U.S., Others Walk Out of APEC Talks Over Russia’s Ukraine Invasion
Reuters, May 21, 2022

South Korea Looks to Break China Import Dependence and Establish ‘Supply Chain Alliances’
South China Morning Post, May 20, 2022

UK Refuses to Cave to US Trade Deal Threats Over Brexit Treaty
Telegraph, May 20, 2022

UK Kicks Off Talks on Modern Trade Deal with Mexico
Government of the United Kingdom, May 20, 2022

UK Expects to Sign Six Trade Deals With US States This Year
Bloomberg, May 18, 2022

Spain Calls for a Quick Ratification of EU Trade Agreements with Chile, Mexico and Mercosur, but What Else is Needed?
MercoPress, May 17, 2022

Boris Johnson Sees Room for a Deal on Northern Ireland Post-Brexit Trade
Reuters, May 15, 2022

Ecuador President Urges Biden Administration to Consider New Trade Deals
Politico, May 11, 2022


Summit of Americas

Biden Administration Races to Salvage
Summit of Americas in Los Angeles

Los Angeles Times, May 23, 2022

Biden’s Americas Summit is Drawing
Jeers and Threats of Boycott

Politico, May 11, 2022


Coalition Letter on the CHIPS Act
U.S. Chamber, May 11, 2022

Nations Aim to Secure Supply Chains by Turning Offshoring Into ‘Friend-Shoring’
The Wall Street Journal, May 15, 2022


Extending CalCompetes Incentive Program
Key to Job Growth, Statewide Investments
by Dee Dee Myers

CalChamber, May 20, 2022

West Coast Port Chief Cordero Doesn’t See Labor Deal by July 1
Bloomberg, May 20, 2022

More International Articles

Inflation, Rising Rates Curb Global Economic Growth
The Wall Street Journal, May 24, 2022

Brazil Set to Make Another 10% Cut in Import Tax Rates
Reuters, May 23, 2022

Korea Early Exports Show Signs of Cooling as Lockdowns Weigh
Bloomberg, May 22, 2022

Sweden and Finland to Formally Submit Nato Bids ‘Hand in Hand’
The Guardian, May 18, 2022

US, EU to Boost Coordination on Semiconductor Supply, Russia
Voice of America, May 16, 2022




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