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


Tuesday, June 28, 2022

NEXT CITU on Tuesday, July 12, 2022

Featured Headlines

U.S., Taiwan Strengthen Ties at Inaugural Trade Meeting in Washington
CalChamber, June 28, 2022

United States and Taiwan Hold Inaugural Meeting of the U.S.-Taiwan Initiative on 21st-Century Trade
U.S. Trade Representative, June 27, 2022



FACT SHEET: President Biden and G7 Leaders Announce Further Efforts to Counter Putin’s Attack on Food Security
White House, June 28, 2022

FACT SHEET: The United States Continues to Strengthen Cooperation with G7 on 21st Century Challenges, including those Posed by the People’s Republic of China (PRC)
White House, June 28, 2022

FACT SHEET: The United States and G7 to Take Further Action to Support Ukraine and Hold the Russian Federation Accountable
White House, June 27, 2022

Statement by Ambassador Katherine Tai on New G7 Sanctions Commitments
U.S. Trade Representative, June 27, 2022

Memorandum on the Partnership for Global Infrastructure and Investment
White House, June 26, 2022

G7 Unveils $600B Plan to Combat China’s Belt and Road
Politico, June 26, 2022

G7 Media Ministers Meeting Communiqué
U.S. Department of State, June 22, 2022

CalChamber Companies in the News

12 Central Valley High School Students Receive Wonderful College Scholarships
The Wonderful Company, June 27, 2022

Northrop Grumman’s Cygnus™ Spacecraft Successfully Reboosts the International Space Station
Northrop Grumman, June 27, 2022

Bank of America Builds on its Environmental Commitment to Power its Operations with Renewable Energy, Signs New Offsite Solar Energy Agreement
Bank of America, June 23, 2022

Rio Tinto Opens Gudai-Darri, its Most Technologically Advanced Mine
Rio Tinto, June 21, 2022

Johnson & Johnson Opens First Satellite Center for Global Health Discovery in Asia Pacific at Duke-NUS to Advance Dengue Research
Johnson & Johnson, June 21, 2022

CBRE Acquires Green Soluce SAS to Enhance ESG Advisory Services Capabilities in France and Continental Europe
CBRE, June 20, 2022

Trade Policy

From the White House

Joint Declaration Between the Kingdom of Spain and the United States of America
June 28, 2022

Readout of President Biden’s Meeting with President Macky Sall of Senegal
June 28, 2022

Memorandum on Combating Illegal, Unreported, and Unregulated Fishing and Associated Labor Abuses
June 27, 2022

Joint Statement by President Biden and President von der Leyen on European Energy Security
June 27, 2022

Statement by Australia, Japan, New Zealand, the United Kingdom, and the United States on the Establishment of the Partners in the Blue Pacific (PBP)
June 24, 2022

Readout of U.S.-EU Task Force on European Energy Security Meeting
June 22, 2022

President Biden Announces Key Nominees (Including Ambassadors)
June 22, 2022

From the U.S. Department of Commerce

Welcome Remarks by Deputy Secretary of Commerce Don Graves at Day Two of the SelectUSA Investment Summit
June 28, 2022

Joint Announcement: U.S. Department of Commerce and Singapore Ministry of Communications and Information Launch Partnership Program to Empower Women in Tech
June 27, 2022

Welcome Remarks by U.S. Secretary of Commerce Gina Raimondo at the SelectUSA Investment Summit
June 27, 2022

Secretary Raimondo Statement on Implementation of the Uyghur Forced Labor Prevention Act – and the Newly-Released Strategy to Combat the use of Forced Labor in Supply Chains
June 21, 2022

Deputy Secretary Graves Concludes Trip to West Africa: Addresses Increasing Economic Empowerment of Women and Bilateral Commercial Engagement Across Continent
June 21, 2022

From the U.S. Trade Representative

USTR, Department of Commerce and Small Business Administration Convene the 5th United States-United Kingdom Small- and Medium-Sized Enterprise Dialogue in Boston
June 22, 2022

From the U.S. Department of State

Chair’s Statement: Roadmap for Global Food Security – Call to Action
June 24, 2022

Japan-U.S. Extended Deterrence Dialogue
June 23, 2022

From the International Trade Administration

Russia-Ukraine War: Perspectives U.S. Exporters Need to Know
June 22, 2022

From the Bureau of Economic Analysis

U.S. International Investment Position, First Quarter 2022 and Annual Update
June 28, 2022

U.S. International Transactions, First Quarter 2022 and Annual Update
June 23, 2022

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

Statement by Export-Import Bank of the United States President and Chair Lewis on President Biden’s Launch of the Partnership for Global Infrastructure and Investment
June 26, 2022

READOUT: Export-Import Bank of the United States Chair Reta Jo Lewis Meets with Finnish Minister for Development Cooperation and Foreign Trade, Ville Skinnari
June 21, 2022

READOUT: Export-Import Bank of the United States Chair Reta Jo Lewis Welcomes Greenland Prime Minister Múte Egede
June 21, 2022

From the World Trade Organization

Barometer Indicates Continued Services Trade Recovery Despite Ukraine Conflict
June 23, 2022

Important Deals Show WTO Remains Best Way to Get Job Done
South China Morning Post, June 27, 2022

Virtual Event Marks Launch of 2022 Small Business Champions Competition
June 27, 2022

DDG González: “More Cooperation on Services Trade Key to Building the WTO of Tomorrow”
June 27, 2022

WTO Issues Research Papers on Small Business and International Trade on MSMEs Day
June 27, 2022

Photo Project Shows Human Faces Behind Trade Diplomacy
June 27, 2022

WTO Rolls Out Trade Connectivity Heatmap to Highlight Bilateral Trade Between Economies
June 23, 2022

STDF Annual Report Shows Strong Partnerships Keep Safe Trade Flowing
June 22, 2022

The WTO Hangs On
Council on Foreign Relations, June 22, 2022

Trade Agreements

STUDY: After 2 Years, USMCA Trade Deal Considered ‘An Upgrade Over NAFTA’
Border Report, June 27, 2022

India-EU FTA Negotiations to Restart June 27
India Briefing, June 24, 2022

European Parliament Pushes for a New Trade Deal with Africa
African Business, June 23, 2022

US Poised to Escalate Claim Mexico Violated Free-Trade Pact
Bloomberg, June 23, 2022

China Floats BRICS Free-Trade Deal, While Russia’s Vladimir Putin Calls for an Alternative to US Dollar
South China Morning Post, June 23, 2022

Joint Statement on the Launch of Free Trade Agreement Negotiations Between the UK and GCC
Government of the United Kingdom, June 22, 2022

U.S. Open to New Lumber Talks with Canada, USTR Tai Says
Reuters, June 22, 2022

USTR Tai Calls U.S. Tariffs on Chinese Goods ‘Significant’ Leverage
Reuters, June 22, 2022


Business Groups Urge Biden to Return Trade to Heart of Asia Policies
South China Morning Post, June 24, 2022

US Must Find New Tools to Defend Against China, Trade Chief Says
Bloomberg, June 22, 2022

Powell Says Soft Landing ‘Very Challenging,’ Recession Possible
Bloomberg, June 22, 2022

China, US Urged to ‘Start Small’ as Biden Ponders Trump-Era Trade Tariff Rollback Amid Record Inflation
South China Morning Post, June 21, 2022

Companies Face Rising Supply-Chain Costs Amid Inventory Challenges
The Wall Street Journal, June 21, 2022

How to Stop Russia’s Plan for Global Food Chaos
The Wall Street Journal, June 21, 2022

Firms Warn of China Shipment Delays as U.S. Bans Xinjiang Imports
The Wall Street Journal, June 21, 2022


Ports on Both Coasts Report Record Volume in May
Transport Topics, June 23, 2022

Opinion: A Tijuana-San Diego Binational Roundtable Could Shape the Future of Our Region
The San Diego Union-Tribune, June 21, 2022

West Coast Trade Report: June 2022
Pacific Merchant Shipping Association, June 2022

More International Articles

What to Expect From South Korea’s First NATO Summit
New Delhi Times, June 28, 2022

UK Presses on with Brexit Rules Rewrite; EU Calls it Illegal
The Associated Press, June 27, 2022

Analysis: Food Export Bans, from India to Argentina, Risk Fueling Inflation
Reuters, June 26, 2022

China’s Envoy Calls on New Australian Government to Repair Bilateral Ties
Reuters, June 24, 2022

World Leaders Seek Solutions to Food Shortages Caused by Ukraine War
The Wall Street Journal, June 24, 2022

Europe’s Workers Brace for Tough Times as Real Wages Fall
The Wall Street Journal, June 24, 2022

What ‘Friend-Shoring’ Means for Trade in a Less-Friendly World
Bloomberg, June 22, 2022

Xi Slams Sanctions for ‘Weaponizing’ World Economy at BRICS Open
Bloomberg, June 22, 2022

Russia Hits Grain Terminals in Latest Attack on Ukraine’s Food Infrastructure
The Wall Street Journal, June 22, 2022

How Singapore Got Its Manufacturing Mojo Back
The Wall Street Journal, June 22, 2022

U.K. Rail Workers Strike as Inflation Soars
The Wall Street Journal, June 21, 2022


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