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


Tuesday, October 11, 2022

Featured Headlines

WTO Sees Trade Momentum Slowing Due
to Multiple Shocks on Global Economy

CalChamber, October 11, 2022

World Economic Outlook October 2022 Update
International Monetary Fund, October 11, 2022

Trade Growth to Slow Sharply in 2023 as
Global Economy Faces Strong Headwinds

World Trade Organization, October 5, 2022


Final Status Report on Major Business Bills
CalChamber, October 7, 2022

CalChamber Companies in the News

Bank of America and UK Fintech, Banked Ltd Expand Pay by Bank to Euro Currency Payments
Bank of America, October 10, 2022

CalChamber Member Pepsi First in Line for Tesla Semi Truck Deliveries Starting in December
CBT News, October 10, 2022

Wells Fargo, Elevate Team Up to Boost Access to Clean, Affordable Energy and Jobs
Wells Fargo Newsroom, October 7, 2022

Chevron, CalBio Expand Partnership on Dairy Biomethane Fuel Projects
Chevron, October 6, 2022

IBM to Unveil $20 Billion Investment as Biden Visits N.Y. Campus
Bloomberg, October 6, 2022

Fresno State Celebrates Grand Opening of Lynda and Stewart Resnick Student Union with Ceremonial Ribbon Cutting
The Wonderful Company, October 4, 2022

Trade Policy

From the White House

Statement by President Joe Biden on Breakthrough Diplomacy in the Middle East
October 11, 2022

Readout of President Joe Biden’s Call with President Michel Aoun of Lebanon
October 11, 2022

FACT SHEET: Biden-‚Ā†Harris Administration Delivers on Strengthening America’s Cybersecurity
October 11, 2022

Readout of President Joe Biden’s Call with President Volodymyr Zelenskyy of Ukraine
October 10, 2022

Readout of President Joe Biden’s Call with Chancellor Olaf Scholz of Germany
October 9, 2022

FACT SHEET: President Biden Signs Executive Order to Implement the European Union-U.S. Data Privacy Framework
October 7, 2022

From the U.S. Department of Commerce

Commerce Implements New Export Controls on Advanced Computing and Semiconductor Manufacturing Items to the People’s Republic of China (PRC)
Bureau of Industry and Security, October 7, 2022

Readout of Secretary Raimondo’s Meeting with UK State Secretary for International Trade Badenoch
October 7, 2022

U.S.-UK Joint Statement: New Comprehensive Dialogue on Technology and Data and Progress on Data Adequacy
October 7, 2022

Announcing the National Strategy for U.S. Leadership in Advanced Manufacturing
October 7, 2022

Statement from U.S. Secretary of Commerce Gina Raimondo on Enhancing Safeguards for United States Signals Intelligence Activities Executive Order
October 7, 2022

Manufacturing Opens More Doors to Women
October 6, 2022

Registration Open for SelectUSA Investment Summit, Taking Place Next May at National Harbor
October 5, 2022

From the U.S. Trade Representative

USTR Tai Says Biden Administration Not Swapping Trade Deals for Industrial Policy
Reuters, October 7, 2022

From the U.S. Department of State

Building Economic Inclusion via the Blue Economy Program
October 7, 2022

Launch of the U.S.-UK Comprehensive Dialogue on Technology and Data
October 7, 2022

Los Angeles Declaration on Migration and Protection Lima Ministerial Meeting
October 6, 2022

Secretary Blinken Leads U.S. Delegation to the 52nd Organization of American States General Assembly in Lima, Peru
October 6, 2022

The U.S.-Peru Relationship
October 5, 2022

Secretary Blinken’s Meeting with Chilean President Boric
October 5, 2022

From the Bureau of Economic Analysis

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

October 5, 2022

From the World Trade Organization

Colombia Triggers Appeal Arbitration in WTO French Fry Dispute
Bloomberg, October 10, 2022

Members Brainstorm on Initiating “Second Wave” of WTO Fisheries Subsidies Talks
October 10, 2022

Brazil Seeks to Join Agreement on Trade in Civil Aircraft
October 10, 2022

DDG Paugam on World Cotton Day: WTO Must Help Cotton-Producing Countries Tackle Current Crises
October 7, 2022

DG Okonjo-Iweala: Let WTO Be an Institution People Can Trust to Deliver in Difficult Times
October 6, 2022

Members Accept Third Korean-US Request for More Time to Settle Washers Safeguard Dispute
October 5, 2022

Trade Agreements

India, Taiwan Should Finalise Free Trade Agreement Soon: Taiwanese Envoy
NDTV, October 9, 2022

CPTPP Members Vow to Deepen Co-Ops in Digital, Green Economy
Xinhua News, October 9, 2022

Japan Says Britain May Join Trans-Pacific Free Trade Pact This Year
Kyodo News, October 8, 2022

Britain, India Wrangle Over Trade Deal as Deadline Looms
Reuters, October 7, 2022

Top Democrat Neal Seeks to Reboot US-EU Trade Talks
Bloomberg, October 6, 2022

Malaysia Becomes 9th Country to Ratify 11-Member CPTPP Pact
Nikkei Asia, October 5, 2022


Biden Re-evaluating U.S. Relationship with Saudis After OPEC Decision -Official
Reuters, October 11, 2022

Under New Order, Europeans Can Complain to U.S. About Data Collection
The New York Times, October 7, 2022

Port Union Shouldn’t Cling to an Inefficient Past
Bloomberg, October 7, 2022

U.S. Restricts Semiconductor Exports in Bid to Slow China’s Military Advance
The Wall Street Journal, October 7, 2022

Risk of Nuclear ‘Armageddon’ is at its Highest in 60 Years, Biden Says
Los Angeles Times, October 7, 2022

We Can’t Stand Still: The Benefits of Trade for America
U.S. Chamber, October 7, 2022

2024 Presidential Elections in US, Taiwan Could Help Spur Trade Deal, Says Former State Department Official
South China Morning Post, October 6, 2022

Small Businesses Getting Squeezed Out in Push for Warehouse Space
The Wall Street Journal, October 5, 2022

U.S. Electric-Vehicle Tax Breaks Rile Asian, European Allies
The Wall Street Journal, October 4, 2022


Governor’s Office of Business and Economic Development Job Opening for Europe, the Middle East, and Africa Trade and Investment Specialist – Telework Options. Final filing date 11/1/2022

Are Visa Approval Delays Keeping Free-Spending International Tourists From Visiting L.A.?
Los Angeles Times, October 6, 2022

LAX Solicits Proposals for Massive Cargo Redevelopment
Freight Waves, October 6, 2022

New California Law Designed to Rein in Detention and Demurrage Charges
Freight Waves, October 5, 2022

More International Articles

Taiwanese Companies in China Flocking to Southeast Asia: Survey
Nikkei Asia, October 8, 2022

Bad News for Global Trade as South Korea Posts Worst Goods Deficit Ever
Bloomberg, October 6, 2022

Global Economy Could Lose $4 Trillion in Output, IMF Chief Warns
Bloomberg, October 6, 2022

Europe is Quietly Launching a New Political Club — with Hopes Brexit Turmoil Can Be Forgiven
CNBC, October 6, 2022

OPEC+ to Cut Oil Production by 2 Million Barrels Per Day to Shore Up Prices, Defying U.S. Pressure
CNBC, October 5, 2022

Russian Launches to Space from US, 1st Time in 20 Years
The Associated Press, October 5, 2022


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Upcoming Events:

Arabian Adventures with the Los Altos Chamber of Commerce
10/04/2022 - 10/11/2022

Automated Commercial Environment (ACE) Exports Compliance Webinar
10/05/2022 - 10/06/2022

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10/12/2022 - 10/14/2022

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AmCham Colombia Annual Business Encounter 2022


43rd World Congress of Vine and Wine
10/31/2022 - 11/04/2022

Women in Tech Trade Mission to Europe
10/30/2022 - 11/05/2022

ICT and Clean Technology Trade Mission to Serbia and Montenegro
10/31/2022 - 11/04/2022

Aerospace and Defense Trade Mission to the Middle East
11/06/2022 - 11/11/2022

2022 ASEAN Dried Fruit & Nut Inbound Mission to NM/CA
11/07/022 - 11/11/2022

EXPORTING 101: Pathways to Developing International Markets

Asia Summit on Global Health
11/10/2022 - 11/11/2022

U.S. Pavilion at Formnext 2022
11/15/2022 - 11/18/2022

Beijing International Life and Health Industry Expo and World Life Science Project Fair

USDA Accepting Applications for Spain and Portugal Trade Mission
11/29/2022 - 12/02/2022

InvestChile ForumVI International InvestChile Forum 2022
12/05/2022 – 12/07/2022

U.S. EXIM Bank 2022 Annual Conference

Arab Health
01/20/2023 - 02/02/2023
China Clean Beauty Trade Mission
02/21/2023 - 02/22/2023

EXPORTING 101: Pathways to Developing International Markets

Avalon 2023 California Pavilion
02/28/2023 - 03/05/2023

Trade Winds Southeast Asia!
03/15/2023 - 03/17/2023

Pan African Global Conference
11th Annual Pan African Global Trade and Investment Conference

04/26/2023 - 04/30/2023


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