CalChamber Trade Update - June 12, 2018

Council for International Trade - Trade Update

Tuesday, June 12, 2018

Trade Report: State Exports Continue
Growth Trajectory Despite Policy Turmoil
CalChamber, June 1, 2018

Economic Advisory Council Special Report:
Housing Shortage Among Top Challenges
for Long Term Health of State Economy
CalChamber, June 1, 2018

The Economic Outlook - May 2018
Focus on California and the Global Economy
Christopher Thornberg, PhD, Founding Partner, Beacon Economics, Director, UC Riverside Center for Economic Forecasting and Development

Tariffs

State Economy Draws Strength from Trade
CalChamber, May 11, 2018

Open Forum: Not Another Wall – Tariffs on
Canada Will Harm California by Rana Sarkar,
Consul General of Canada in SF
San Francisco Chronicle, June 11, 2018

Friends Don’t Let Friends Impose
Tariffs by Cecilia Malmstrom
The Wall Street Journal, June 7, 2018

EU Plans to Hit U.S. Imports with Duties From July
Reuters, June 6, 2018

Mexico Strikes Back Levying
Tariffs on US Pork, Steel, Whiskey
American Journal of Transportation, June 5, 2018

As US Tariffs Go Into Effect, Europe,
Canada and Mexico Strike Back
DW Akedemie, June 1, 2018

Remarks by the Prime Minister of Canada on Steel and Aluminum Tariffs Imposed by the United States
Justin Trudeau PM of Canada, May 31, 2018

Remarks by Foreign Secretary Luis Videgaray
on the U.S. Decision to Impose Tariffs
on Mexican Steel and Aluminum
Foreign Secretary of Mexico, May 31, 2018

European Commission Reacts
to the US Restrictions on Steel
and Aluminum Affecting the EU
European Commission, May 31, 2018

European Commission’s List
of American Products to Tariff
May 18, 2018

CalChamber Companies in the News

Disney Research Celebrates Zurich Jubilee
Greater Zurich Area, June 1, 2018

Boeing Business Jets Grows Order Book with New Sales
American Journal of Transportation, May 29, 2018

Fortune 100 Best Companies to Work For: List Features 32 CalChamber Members
CalChamber, May 18, 2018

Trade Policy

From the White House

The Era of American Complacency on Trade Is Over
June 8, 2018

Larry Kudlow: “Trump Is Presiding Over Extraordinary Growth.
G-7 Leaders Should Notice.”
June 8, 2018

What You Need to Know About Implementing Steel
and Aluminum Tariffs on Canada, Mexico, and the European Union
May 31, 2018

President Donald J. Trump Approves Section 232 Tariff Modifications
May 31, 2018

Presidential Proclamation Adjusting Imports
of Steel into the United States
May 31, 2018

Presidential Proclamation Adjusting Imports
of Aluminum into the United States
May 31, 2018

Statement on Steps to Protect Domestic Technology and Intellectual Property from China’s Discriminatory and Burdensome Trade Practices
May 29, 2018

From the U.S. Trade Representative

Joint Statement on Trilateral Meeting of the Trade Ministers
of the United States, Japan, and the European Union
May 31, 2018

From the U.S. Department of Commerce

SelectUSA’s $30 Billion Impact on the U.S. Economy
June 7, 2018

Secretary Ross Announces $1.4 Billion ZTE Settlement; ZTE Board, Management Changes and Strictest BIS Compliance Requirements Ever
June 7, 2018

From the Senate Committee on Foreign Relations

Senators Introduce Legislation to Require Congressional Approval
of National Security-Designated Tariffs
June 6, 2018

From the House Ways and Means Committee

Brady Statement on Administration’s Action on Steel
and Aluminum Tariffs
May 31, 2018

Brady Announces Updated 115th Congress Ways and Means Republican Member Subcommittee Assignments
May 18, 2018

Brady Statement on Continued NAFTA Negotiations
May 18, 2018

From the U.S. Department of State

U.S.-Australia-India-Japan Consultations
June 7, 2018

Secretary of State Pompeo To Lead U.S. Delegation
to the Organization of American States General Assembly
June 1, 2018

Colombian Accession to the Organization
for Economic Cooperation and Development
May 25, 2018

From the World Trade Organization

Business Leaders Express Support for the WTO
and Call for Action on Priority Issues
June 7, 2018

Mexico Initiates WTO Dispute Complaint Against US Steel, Aluminum Duties
June 7, 2018

EU, Canada Initiate WTO Dispute Complaints Against US Steel, Aluminum Duties
June 6, 2018

Showdown at the WTO
NPR, May 18, 2018

Trade Agreements

NAFTA

GOP Scolds Trump Team for Feud with Canada
Politico, June 11, 2018

President Trump Calls Rep. Marshall (R-KS), Says He’ll Bring it Home Finally For Our Farmers
US Congressman Roger Marshall, June 11, 2018

Mexico Minister Calls for ‘Flexibility’
in Reworking NAFTA
Reuters, June 10, 2018

Kudlow: Trump Won’t Quit NAFTA,
But New Deal Uncertain
Politico, June 10, 2018

First Canada Tried to Charm Trump.
Now It’s Fighting Back.
The New York Times, June 9, 2018

Memorandum of Understanding Between
the Treasury Board of Canada Secretariat
and the United States Office of Information and
Regulatory Affairs Regarding the Canada-U.S. Regulatory Cooperation Council
June 2018

Mexican Peso Heads for Lowest
in a Year as NAFTA Seen Delayed
American Journal of Transportation, June 5, 2018

Trump May Seek Separate Trade Deals
with Canada, Mexico: U.S. Trade Adviser
Reuters, June 5, 2018

Trudeau Takes Heat from Dairy
Farmers for Opening Door to Trump
American Journal of Transportation, June 4, 2018

Key Republican Says NAFTA
Negotiators Missed Deadline for 2018
Bloomberg, June 4, 2018

Messing with NAFTA Endangers California Exports
The Sacramento Bee, May 29, 2018

U.S. Underscores Importance
of Concluding New NAFTA Deal
Reuters, May 20, 2018

Indonesia Making Preparations to Join TPP
Nikkei Asian Review, June 12, 2018

Malaysia Just Came Out in Favor of Protectionism –
Despite Being in the Trans Pacific Trade Deal
CNBC, June 10, 2018

EU, Mercosur Trade Talks Resume with Renewed Optimism
Reuters, June 2, 2018

Federal

Larry Kudlow, White House Economic Adviser, Suffers Heart Attack
Politico, June 11, 2018

As Trade Fears Grow, US States Reach out to Companies
Associated Press, June 8, 2018

US Trade Deficit Falls for Second Straight Month in April
The Sacramento Bee, June 6, 2018

GOP Senators Push for Bill to Rein in Trump on Tariffs
The Sacramento Bee, June 5, 2018

Why Trump’s Trade War Isn’t Worrying Most Economists, Yet
Bloomberg, June 4, 2018

Abercrombie, Levi Strauss Lament Tariff Threat to Apparel Trade
American Journal of Transportation, June 1, 2018

OECD Economic Surveys United States
June 2018

California

Governor Brown, Legislative Leaders Reach Budget Agreement
Office of CA Governor Edmund G. Brown, Jr., June 8, 2018

California Winemakers Nervous About U.S.-China Trade Talks
NPR, May 21, 2018

Southern California’s Foreign-Owned Businesses
Jump Above 10,000, Employ 428,000
The Orange County Register, May 18, 2018

Upcoming Events:

ExporTech Los Angeles
06/19/2018

Startup Lebanon - Executive Innovation Retreat
06/04/2018

2018 SelectUSA Investment Summit
6/20/2018 - 6/22/2018

Hong Kong Food Expo
8/21/2018 - 8/22/2018

Vehicle Aftermarket Trade Mission to Chile
8/21/2018 - 8/22/2018

83rd Thessaloniki International Fair (TIF)
9/8/2018 - 9/16/2018

2018 U.S.-Taiwan Business Day
10/4/2018

China International Import Expo
11/5/2018 - 11/10/2018

California Coalition
for Free Trade
A broad-based group of companies and business organizations working to secure a national free trade agenda.
Join or Learn More

Resources:

California Congressional
Delegation Pictorial Roster

California Congressional
Committee Assignments

California Legislative Pictorial Roster

Federal Government:

The White House

The U.S. Senate

The U.S. House of Representatives

U.S. Department of Commerce

U.S. Trade Representative

State Government:

Governor

California State Senate

California State Assembly

California Department of Finance

Governor's Office of Business
and Economic Development – GO Biz

GO-Biz California Business Portal:
A One-Stop-Shop Website
for Business Owners

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