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Tuesday, January 3, 2023
Featured Headlines
CalChamber Companies in the News
General Dynamics Electric Boat Awarded $5.1 Billion by U.S. Navy for Columbia-Class Submarines
General Dynamics, December 21, 2022
Historic $50 Million Gift to Establish Stewart and Lynda Resnick Sustainability Center for Catalysis at the Technion
The Wonderful Company, December 19, 2022
Investing in Progress: At Walmart International, New Infrastructure Ups the Ante
Walmart, December 15, 2022
CalChamber Member Microsoft and Viasat Announce New Partnership to Deliver Internet Access to Underserved Communities Globally
Microsoft, December 14, 2022
World of Hyatt Adds All-Inclusive Leisure Options in Europe
Hyatt Newsroom, December 14, 2022
Trade Policy
From the White House
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U.S.-Africa Leaders’ Summit
Secretary Raimondo Joins President Biden in Announcing $15 Billion in U.S.-Africa Trade Commitments
U.S. Department of Commerce, December 20, 2022
The U.S.-Africa Business Forum Begins New Chapter in U.S.-Africa Commercial Relations
U.S. Department of Commerce, December 16, 2022
U.S.-Africa Leaders Summit: Strengthening Partnerships to Meet Shared Priorities
White House, December 15, 2022
Statement: Special Presidential Representative for U.S.-Africa Leaders Summit Implementation
White House, December 15, 2022
Vision Statement for the U.S.-Africa Partnership
White House, December 15, 2022
Remarks by U.S. Secretary of Commerce Gina Raimondo at the U.S.-Africa Business Forum
U.S. Department of Commerce, December 14, 2022
Export-Import Bank of the United States Chair Lewis Signs More Than $1 Billion in Memoranda of Understanding with African Financial Institutions at U.S.-Africa Leaders Summit
Export-Import Bank of the U.S., December 14, 2022
Statement by Ambassador Katherine Tai on the Signing of the Memorandum of Understanding on Cooperation for Trade and Investment Between the United States and the African Continental Free Trade Area
U.S. Trade Representative, December 14, 2022
Biden Aims to Inject New Energy Into U.S. Relations With African Nations
The New York Times, December 14, 2022
Readout of the African Growth and Opportunity Act Ministerial During the U.S.-Africa Leaders Summit
U.S. Trade Representative, December 13, 2022
FACT SHEET: U.S.-Africa Partnership in Promoting Peace, Security, and Democratic Governance
FACT SHEET: U.S.- Africa Partnership in Promoting Two-Way Trade and Investment in Africa
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Statement by National Security Advisor Jake Sullivan on the Republic of Korea’s Indo-Pacific Strategy
December 27, 2022
A Proclamation To Take Certain Actions Under the African Growth and Opportunity Act and for Other Purposes
December 23, 2022
Remarks by President Biden and President Zelenskyy of Ukraine in Joint Press Conference
December 21, 2022
Readout of President Biden’s meeting with President Guillermo Lasso of Ecuador
December 19, 2022
From the U.S. Department of Commerce
Secretary Raimondo Statement on Fiscal Year 2023 Appropriations
December 29, 2022
Commerce Department’s Minority Business Development Agency Announces Nearly $100 Million to Expand Opportunities for Underserved Entrepreneurs
December 21, 2022
Readout from IPEF Ministerial Meeting hosted by Secretary Raimondo
December 20, 2022
Statement from Secretary Raimondo on the European Commission’s Release of Draft Adequacy Decision Regarding the EU-U.S. Data Privacy Framework
December 14, 2022
Readouts:
Panama
Cote d’Ivoire
Zambia
Senegal
Algeria
Canada
Kenya
Democratic Republic of the Congo
From the U.S. Trade Representative
Statement from Ambassador Katherine Tai Following Doug McKalip’s Senate Confirmation Vote
December 22, 2022
Statement from USTR Spokesperson Adam Hodge
December 21, 2022
United States Requests New USMCA Dispute Consultations on Canadian Dairy Tariff-Rate Quota Policies
December 20, 2022
Readout of Ambassador Jayme White’s Meeting with Mexico’s Under Secretary of Economy Alejandro Encinas
December 16, 2022
Joint Statement from Ambassador Tai and Secretary Vilsack after Meeting with Mexican Government Officials
December 16, 2022
USTR Extends Exclusions from China Section 301 Tariffs
December 16, 2022
Joint USTR and Department of Commerce Readout of the First Indo-Pacific Economic Framework Negotiating Round
December 15, 2022
From the U.S. Department of State
Secretary Blinken’s Meeting with Mexican Foreign Secretary Ebrard
December 19, 2022
Announcement of Joe Kennedy III as U.S. Special Envoy to Northern Ireland for Economic Affairs
December 19, 2022
The 17th Meeting of the U.S.-Swiss Joint Economic Commission And Under Secretary Fernandez’s Engagement with the Swiss Delegation
December 17, 2022
From the Bureau of Economic Analysis
U.S. International Investment Position, 3rd Quarter 2022
December 29, 2022
From the International Trade Administration
ITA Publishes New Global Aluminum Trade Monitor to Help U.S. Industry Better Track Markets
January 3, 2023
From the World Trade Organization
Services Trade Activity Likely to Weaken with Slowing Growth in Major Economies
December 22, 2022
WTO Dispute Panel Issues Report Regarding US Origin Marking Requirements
December 21, 2022
DG Okonjo-Iweala: During These Difficult Times, The WTO “Cannot Afford to Stand Aside”
December 20, 2022
Members Consider EU Requests for Dispute Panels Regarding Chinese Trade Measures
December 20, 2022
WTO Members Accept UAE, Cameroon Offers to Host Ministerial Conferences
December 19, 2022
China Initiates WTO Dispute Complaint Targeting US Semiconductor Chip Measures
December 15, 2022
Trade Agreements
U.S. Cuts Off Burkina Faso from Africa Duty-Free Trade Program
Reuters, January 2, 2023
Economic Watch: RCEP, a Catalyst for Recovery, Regional Integration in Asia-Pacific
Xinhua, January 2, 2023
Joining the Indo-Pacific Economic Framework for Prosperity is a Critical Step for Canada
The Globe and Mail, December 30, 2022
UK Government Set to Miss 2022 Target on Global Trade Deals
Financial Times, December 30, 2022
Panama Expects to Review Trade Agreement with the U.S.
Prensa Latina, December 27, 2022
India, Australia Interim Trade Agreement Comes Into Effect Next Week
Hellenic Shipping News, December 27, 2022
Chile Ratifies CPTTP Free Trade Pact
NHK World, December 23, 2022
Costa Rica Seeks Entry to North America Trade Pact
Reuters, December 14, 2022
Federal
Biden Admin Bows Slightly to European Pressure in Trade Clash
Politico, December 29, 2022
Biden’s Picks for Some Ambassador Posts Remain Stalled
The Wall Street Journal, December 28, 2022
California
Southern California Ports Are Losing to East Coast Rivals, Threatening L.A.-Area Jobs
Los Angeles Times, December 16, 2022
More International Articles
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China
‘A Sea Change’: Biden Reverses Decades of Chinese Trade Policy
Politico, January 3, 2023
US Frets About ‘Erosion of Influence’ as China and Ecuador Move Closer to a Free-Trade Deal
South China Morning Post, December 30, 2022
China Increases Trade in Asia as U.S. Pushes Toward Decoupling
The Wall Street Journal, December 28, 2022
US-China Business Cooperation is Prevailing, Despite Tensions Elsewhere
South China Morning Post, December 27, 2022
Chinese Ambassador Says Ukraine Crisis Has Hurt Relations with EU
Reuters, December 23, 2022
Biden’s China Tech Crackdown Leaves Xi With Few Ways to Hit Back
Bloomberg, December 16, 2022
China Shows More Pragmatism—And Less Ideology—on Economy
The Wall Street Journal, December 16, 2022
China Dominates the Rare Earths Market. This U.S. Mine Is Trying to Change That.
Politico, December 14, 2022
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Britain’s New Trade Chief Thinks There’s More to Life Than Trade Deals
Politico, January 2, 2023
Global Economy Faces Tougher Year in 2023, IMF’s Georgieva Warns
Reuters, January 1, 2023
South Korea Exports Extend Drop as Risks to Economy Escalate
Bloomberg, December 31, 2022
Uruguay, a Failed Mercosur Summit and China’s Long Shadow
MercoPress, December 30, 2022
EU Welcomes Access to US Subsidy Scheme for Commercial Vehicles
European Commission, December 29, 2022
UAE Set to Host World’s Largest Trade Minister Meeting in 2024
Bloomberg, December 19, 2022
Global Recession Risks Rise as Central Banks Raise Rates
Bloomberg, December 16, 2022
EU Greenlights 15% Corporate Minimum Tax, Advancing Global Deal
The Wall Street Journal, December 15, 2022
Modi Discussed Trade and Security Cooperation in Call With Putin
Bloomberg, December 16, 2022
Blockchain Fails to Gain Traction in the Enterprise
The Wall Street Journal, December 15, 2022
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CalChamber Policy Briefings
2022 CalChamber Issues Guide
The California Export Guide is published by ThinkGlobal Inc. in partnership with the Center for International Business Education and Research (CIBER) at San Diego State University. The guide provides expert advice and information for exporters.
You can view the entire
Trade Update on our website.
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Upcoming Events:
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2023
Indo-Pacific Business Forum
1/11/2023
 Women in International Trade, LA’s 9th Annual Global Trade Awards Gala
01/19/2023
8th Annual State of the Port of Los Angeles
01/19/2023
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
02/22/2023
Avalon 2023 California Pavilion
02/28/2023 - 03/05/2023
Trade Winds Southeast Asia!
03/15/2023 - 03/17/2023
Panama and CAFTA-DR – March 2023 USDA Trade Mission
03/19/2023 - 03/23/2023
11th Annual Pan African Global Trade and Investment Conference
04/26/2023 - 04/30/2023
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Susanne Stirling, Vice President International Affairs
Nikki Ellis, International Affairs Specialist
Note: This email is being sent to members of the CalChamber Council for International Trade; CalChamber members with international interests; local, binational and American chambers of commerce abroad; the consular corps; California congressional delegation, selected U.S. and California government officials; and representatives of business and trade associations.
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