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


Tuesday, June 14, 2022

Featured Headlines

CalChamber Quarterly Economic Report:
Economic Expansion Continues Steep Pace; Demand for Workers Exceeds Job Seekers

CalChamber, June 10, 2022


Summit of the Americas

Western Hemisphere Leaders Gather in
Los Angeles for Summit of the Americas

CalChamber, June 14, 2022

Summit of the Americas Agriculture Producers Declaration
White House, June 13, 2022

RECAP: California on the World Stage at Summit of the Americas
Office of Governor Gavin Newsom, June 10, 2022

Secretary Antony J. Blinken Press Availability at the Summit of Americas
U.S. Department of State, June 10, 2022

Biden Pushes Back Against Waning U.S. Influence in Latin America at Summit
The Wall Street Journal, June 9, 2022

FACT SHEET: President Biden Announces the Americas Partnership for Economic Prosperity
White House, June 8, 2022

Biden Lays Out New Economic Vision for Latin America
The Hill, June 8, 2022

Readout of Ambassador Katherine Tai’s Trip to Los Angeles
U.S. Trade Representative, June 8, 2022

Photos: Summit of the Americas Puts Los Angeles in the Spotlight
Los Angeles Times, June 9, 2022

Announcing the Inaugural Cities Summit of the Americas and Cities Forward Initiative
U.S. Department of State, June 7, 2022

Biden’s ‘Ambitious’ Economic Plan for Latin America Offers a ‘Social Contract,’ Not Trade Agreements
Politico, June 7, 2022


Federal Maritime Commission: Virtual Summit Reviews Initial Findings of Maritime Data Initiative Meetings
CalChamber, June 14, 2022

CalChamber Companies in the News

Blue Diamond Growers Applauds President Biden’s Nominees to USDA and USTR
Blue Diamond Growers, June 13, 2022

United Becomes First U.S. Airline to Add New Transpacific Destination Since Pandemic
United Airlines, June 8, 2022

Walmart Launches One Global Walmart Academy To Help 2.3 million Associates Build and Grow Their Careers
Walmart, June 2, 2022

PRIDE Industries Achieves Prestigious Three-Year CARF Accreditation
Pride Industries, June 1, 2022

Trade Policy

From the White House

Statement by President Joe Biden on Congressional Passage of Ocean Shipping Reform Act
June 13, 2022

Joint Readout of President Joe Biden & Vice President Kamala Harris’ Meeting with Leaders of The Caribbean Community (CARICOM) and the Dominican Republic
June 10, 2022

Remarks by President Biden on Inflation and Actions Taken to Lower Prices and Address Supply Chain Challenges
June 10, 2022

Readout of President Biden’s Meeting with President Jair Bolsonaro of Brazil
June 9, 2022

Readout of President Biden’s Meeting with Prime Minister Trudeau of Canada
June 9, 2022

President Biden Announces Key Nominees (Including Chief Agricultural Negotiator for USTR, and Ambassadors to Bulgaria, Cote d’Ivoire and Suriname)
June 8, 2022

From the U.S. Trade Representative

Secretary Raimondo Announces New National Strategy to Reenergize U.S. Travel and Tourism
June 6, 2022
Fact Sheet

From the U.S. Trade Representative

United States and Kenya Discuss Further Trade Engagement
June 13, 2022

Joint Statement from WTO Members in Support of Ukraine
June 12, 2022

Readout of Ambassador Katherine Tai’s Informal Meeting with Indo-Pacific Economic Framework Partners
June 11, 2022

Joint Statement by the United States and the Dominican Republic on the Formation of a Technical Working Group to Improve Labor Law Enforcement in the Dominican Sugar Sector
June 10, 2022

USTR Announces New Declaration on Good Regulatory Practices
June 9, 2022

Statement by Ambassador Katherine Tai on Doug McKalip’s Nomination to Serve as Chief Agricultural Negotiator
June 8, 2022

USTR Tai Says Fighting Inflation More Complex Than Cutting China Tariffs
Reuters, June 6, 2022

From the U.S. Department of State

Minerals Security Partnership
June 14, 2022

Joint Statement on Canada-Mexico-United States Cooperation
June 10, 2022

Joint Statement on the Republic of Korea-U.S.-Japan Trilateral Vice Foreign Ministerial Meeting
June 8, 2022

Joint Statement of the United States of America and Denmark on Cooperation in Quantum Information Science and Technology
June 7, 2022

From the International Trade Administration

First U.S. Trade Mission Following Indo-Pacific Partnership Launch Focuses on Clean Energy
June 6, 2022

From the Bureau of Economic Analysis

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

June 7, 2022

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

READOUT: EXIM Advisory Committee Meets to Discuss Subcommittee Recommendations, Competitiveness Report
June 14, 2022

Export-Import Bank of the United States Releases FY 2022- 2026 Strategic Plan
June 10, 2022

From the World Trade Organization

WTO Response to the Pandemic, Trade and Food Security Take Centre Stage at MC12
June 13, 2022

Members Urged to Demonstrate the WTO Can Deliver for International Community
June 12, 2022

MC12 Opening Session: Opening Remarks by the Director-General
June 12, 2022

Ministers’ Statements Published as MC12 Kicks-Off in Geneva
June 12, 2022

Lawmakers Urge USTR to Push for Extension of WTO’s Moratorium on Digital Trade
Reuters, June 12, 2022

Revised Draft Agreement on Fisheries Subsidies Sets Stage for Pivotal Negotiations at MC12
June 10, 2022

Globalization’s Gut Check: World Trade Organization Gathering Offers a Test of Free Trade System
Politico, June 10, 2022

WTO Looks to Reach Trade Deals With Its Fate on the Line
The Associated Press, June 10, 2022

DG Okonjo-Iweala, Chair Urge Members to Support Draft Agriculture Texts on Eve of MC12
June 9, 2022

WTO Dysfunction Marks Turning Point to New Era of Trade Tensions
Bloomberg, June 8, 2022

WTO Report Highlights Role of Trade in Meeting SDGs and Assisting Economic Recovery
June 8, 2022

Trade Agreements


United States and Taiwan Announce the Launch of the U.S.-Taiwan Initiative on 21st-Century Trade
U.S. Trade Representative, June 1, 2022

U.S. and Taiwan Begin Trade Pact Discussions
National Hog Farmer, June 10, 2022

Forging US-Taiwan Economic Ties
Taipei Times, June 8, 2022

Taiwan Tells US: Don’t Forget Free Trade Deal
Bangkok Post, June 7, 2022

Israel, India Prepare to Resume Free Trade Agreement Talks
Reuters, June 13, 2022

UAE Seeks Trilateral Trade Agreement With Morocco, Israel
Morocco World News, June 10, 2022

Biden Promised Bolsonaro U.S. Would Reconsider Tariffs on Brazil Steel – Brazil Govt Sources
Reuters, June 10, 2022

Can the EU Save the CPTPP?
The Diplomat, June 8, 2022

With US-UK Trade Agreement Stalled, Boris Johnson Looks to Strike Deals with States
The Hill, June 7, 2022

EU Seeks to Speed Up Trade Deals as Ukraine War Forces Rethink
Reuters, June 3, 2022

Brexit: UK Signs First US State-Level Trade Agreement with Indiana
BBC, May 27, 2022


Ocean Shipping Reform Act Headed to President Biden’s Desk After Passing House
gCaptain, June 13, 2022

U.S. Scrutinizing Swiss Currency Practices
The Wall Street Journal, June 10, 2022

Record Gas Prices Upend Businesses, U.S. Economy
The Wall Street Journal, June 9, 2022

US Sees Path to More Sway in Asia as Xi’s Efforts Stall
Bloomberg, June 8, 2022

The US Should Be Paying More Attention to the Pacific
Bloomberg, June 8, 2022

Harris to Unveil More Private Investment in Central America to Try to Deter Migration
Los Angeles Times, June 7, 2022

U.S. Lifts Cuba Flight Restrictions Imposed Under Trump
Reuters, June 1, 2022

China Is Winning in Asia. Biden’s Plans Won’t Change That.
The New York Times, June 1, 2022


West Coast Ports Strike is Unlikely Even If No Deal is Reached by July
American Journal of Transportation, June 14, 2022

A Deep Divide on Automation Hangs Over West Coast Port Labor Talks
The Wall Street Journal, June 9, 2022

US Dockworkers Fight for Jobs With Ports Pushing for Automation
Bloomberg, June 9, 2022

USDA Will Pay Farmers to Ship Out of 3 West Coast Ports as Costs Rise
Supply Chain Drive, June 8, 2022

More International Articles

World Bank Dims Outlook for
Global Economy Amid Russia War

The Associated Press, June 7, 2022

Stagflation Risk Rises Amid
Sharp Slowdown in Growth

World Bank, June 7, 2022

Opening Remarks by World Bank Group President David Malpass during the Launch the June 2022 Global Economic Prospects Report
World Bank, June 7, 2022

Chronic Food Shortages From Lettuce to Sriracha and the Rise of Chicken
Bloomberg, June 10, 2022

Russia and China Open Cross-Border Bridge as Ties Deepen
Reuters, June 10, 2022

Global Supply Chain Crisis Fuels Push to Local Manufacturing as China’s Appeal Dims
The Guardian, June 9, 2022

China’s Xi Urges Efforts to Balance Covid Zero with the Economy
Bloomberg, June 9, 2022

Supply Crunch Looms for World’s Most Cutting-Edge Chips
The Wall Street Journal, June 9, 2022

ECB Plans July Rate Increase as Inflation Problem Deepens
The Wall Street Journal, June 9, 2022

U.S., European Allies Try to Restrain Global Oil Prices
The Wall Street Journal, June 9, 2022

EU Nations Warn Brussels Over Crisis Plan for Supply-Chain Gaps
Bloomberg, June 8, 2022

China Export Boom Fades as Buying Shifts, Cheap Rivals Gain
Bloomberg, June 7, 2022

The U.S. and Europe Have Different Inflation Problems
The Wall Street Journal, June 6, 2022



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