Council for International Trade - Trade Update
 
Next CITU will be on Tuesday, April 25, 2023

Tuesday, April 11, 2023

Featured Headlines

Trade Growth to Slow to 1.7% in 2023
Following 2.7% Expansion in 2022

World Trade Organization, April 5, 2023

CalChamber Companies in the News

California Has a New Take on Mezcal and Tequila. How Sacramento-Area Farmers are Leading It (Featuring CalChamber Board Member Stuart Woolf)
The Sacramento Bee, April 10, 2023

Boeing Tops Airbus in Plane Deliveries for First Time Since 2018
Bloomberg, April 11, 2023

Walmart’s Fight Hunger. Spark Change. Celebrates Its 10th Year of Helping Feed Communities Nationwide
Walmart, April 10, 2023

Smithfield Foods To Offer Free Tuition to U.S. Employees
Smithfield Foods Pressroom, April 6, 2023

United Will Fly Non-Stop to 100+ International Cities This Summer to Meet Soaring Overseas Travel Demand
United Newsroom, April 6, 2023

Salesforce Outlines Strategy to Boost Private Sector Support for Nature Conservation and Restoration
Salesforce, April 5, 2023

Experian Named to Fortune’s 2023 “100 Best Companies to Work For” List for Fourth Consecutive Year
Experian, April 5, 2023

Oracle Strengthens Commitment to South East Asia with Second Cloud Region in Singapore
Oracle, April 4, 2023

Trade Policy

From the White House

Statement from Press Secretary Karine Jean-Pierre on President Biden’s Travel to the United Kingdom and Ireland
April 5, 2023

President Biden Announces Intent to Nominate Key Role for the Department of State (Ambassador to Burundi)
April 5, 2023

From the U.S. Trade Representative

Joint Statement on the Joint Commercial Commission Between the United States and the Republic of Moldova
April 7, 2023

United States and New Zealand Meet Under Bilateral Trade and Investment Framework Agreement
April 5, 2023

From the U.S. Department of State

Renewal of the Charter for the Shipping Coordinating Committee
April 7, 2023

U.S. Government Mobilizing Partnership Opportunities in Ukraine (with the U.S. Chamber of Commerce)
April 7, 2023

Joint Statement on the United States-Kyrgyz Republic Annual Bilateral Consultations
April 7, 2023

Joint Statement by the United States, the Republic of Korea, and Japan Special Representatives for the Democratic People’s Republic of Korea (DPRK)
April 6, 2023

Finland’s Accession to NATO
April 4, 2023

From the House Ways and Means Committee

Chairman Smith: Bipartisan Meeting with Taiwan President Reinforces an Enduring Partnership
April 5, 2023

From the International Trade Administration

Memorandum of Understanding (MOU) on Commercial Development between the United States and Zambia
April 5, 2023

From the Bureau of Economic Analysis

U.S. International Trade in Goods and Services, February 2023
April 5, 2023

From the World Trade Organization

WTO Members Discuss Bolstering Developing Countries’ Participation in Global Trade
April 5, 2023

What’s the Outlook for Global Trade in 2023?
April 5, 2023

China Urges Stronger WTO Monitoring of US-Led Chip Export Curbs
Reuters, April 4, 2023

Members Take Concrete Steps Towards WTO Reform Implementation at Goods Council
April 3, 2023

Trade Agreements

CPTPP Members Now Have to Figure Out What to Do About China
Nikkei Asia, April 11, 2023

Indonesia to Propose Limited Free Trade Deal with US on Critical Minerals
Reuters, April 9, 2023

India, Mexico Exploring Free Trade Agreement
LiveMint, April 8, 2023

UK Wants to Revive US Trade Talks When Biden Visits Ireland
The Washington Post, April 6, 2023

Dominican Vice President and Korean Prime Minister Discuss Possible Free Trade Agreement Between Nations
Dominican Today, April 6, 2023

Federal

FedEx Overhaul Contemplates a Future With No Drivers on Payroll
Bloomberg, April 10, 2023

Washington’s Asia Policy May Be Setting Itself Up for a Fall
Barron’s, April 9, 2023

USTR’s Trade Strategy: Stronger Ties with Like-Minded Countries
Ag Web, April 6, 2023

Top U.S Trade Negotiator Says Allies Annoyed About Washington’s Policy Should Stop Complaining and Propose Their Own Ideas
Fortune, April 6, 2023

To Counter China, US Trade Rep Seeks Closer Ties to Allies
The Associated Press, April 5, 2023

Biden Trade Rep Says US, Allies Working to Counter Unfair Chinese Competition
The Hill, April 5, 2023

U.S. Trade Chief Tai Defends Pursuit of Non-Traditional Trade Deals
Reuters, April 5, 2023

California

Temporary Shutdown at Ports LA and
Long Beach Spark Escalation Concerns

American Journal of Transportation, April 10, 2023

More International Articles

IMF Says Banking Troubles Create Headwinds for Global Economy
The Wall Street Journal, April 11, 2023

IMF / World Economic Outlook April 2023 Update
International Monetary Fund, April 11, 2023

India Wants Key Supply-Chain Role as Firms Shift From China
Bloomberg, April 10, 2023

South Korea to Strengthen Supply Chain Cooperation with India
Bloomberg, April 8, 2023

US Making Big New Economic Moves on Taiwan
Asia Times, April 8, 2023

China Vows ‘Forceful’ Measures After US-Taiwan Meeting
The Associated Press, April 6, 2023

China’s Longest US Ambassador Vacancy Provides Latest Sign of Bleak Relations
South China Morning Post, April 3, 2023

The Road to Perdition by PMSA’s John McLaurin
Pacific Maritime, April 4, 2023