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

Tuesday, August 7, 2018

Featured Headlines

America’s Indo-Pacific Vision
CalChamber, August 7, 2018

Three cabinet secretaries, five agency heads, 15 ambassadors,
20 embassies and 150 business leaders met at the Indo-Pacific Business Forum hosted by the U.S. Chamber of Commerce
on July 30, 2018 in Washington. Secretary of State
Mike Pompeo
,Secretary of Commerce Wilbur Ross,
and Secretary of Energy Rick Perry unveiled several
new initiatives while outlining the Trump Administration’s
Indo-Pacific vision. Forum webcast here.

US, Australia, California Flags

NSW Australia, CalChamber Share Sister State Discussion
CalChamber, August 7, 2018

Australian Delegation
(From Left to Right) The Honorable Adam Searle, Leader of the Labor Party in the Legislative Council, New South Wales Parliament; The Honorable John Ajaka, President of the Legislative Council, New South Wales Parliament; Mr. Allan Zaremberg, President and CEO, CalChamber; Mrs. Susanne Stirling, Vice President of International Affairs, CalChamber; and The Honorable Trevor Khan, Deputy President of the Legislative Council and Chair of Committees, New South Wales Parliament.

CalChamber Companies in the News

Ford Rolls Out Exoskeleton Wearable Technology Globally to Help Lessen Worker Fatigue, Injury
Ford, August 7, 2018

Boeing Aims for Flying-Taxi Future with MIT Engineering Center
AJoT, August 1, 2018

Trade Policy

From the U.S. Department of Commerce

Opinion: China is ‘Pouring Money into Africa.’ Here’s How the US Can Level the Playing Field
August 2, 2018

More Than Four Trillion Dollars: FDI in the USA in 2017
August 2, 2018

From the U.S. Trade Representative

U.S. Poultry Gains New Market Access in Morocco
August 7, 2018

The United States and Colombia Meet to Review Implementation of the United States – Colombia Trade Promotion Agreement
August 3, 2018

USTR Announces New GSP Eligibility Review of Turkey
August 3, 2018

Statement By U.S. Trade Representative Robert Lighthizer on Section 301 Action
August 1, 2018

Request for Comments Concerning Proposed Modification of Action Pursuant to Section 301: China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation
Docket Number USTR-2018-0026
Written Comments Due by September 5

From the U.S. Department of State

Australia-Japan-United States Trilateral Strategic Dialogue Joint Ministerial Statement
August 5, 2018

U.S. Security Cooperation in the Indo-Pacific Region
August 4, 2018

Remarks at the U.S.-ASEAN Ministerial
August 3, 2018

Trade Agreements


US, Canada, Mexico Flags

In California:

  • There are 784 Canadian-owned businesses, employing roughly 72,069 people throughout the state.

  • Overall Canadian trade and investment has created 1,166,100 jobs across the state.

  • Canada even sells more to California than it sells to the entirety of China.

Because of NAFTA, California has seen new businesses form,
new job openings posted, and a more vibrant economy.
We must ensure that NAFTA is modernized for the future—so
that its benefits are more widely shared, and, importantly,
so that California’s economy continues to prosper.

The Canadian Embassy in DC has put together a video that
talks about why NAFTA is integral to continued growth of the American economy, and also why it’s so important that
NAFTA be modernized so that its benefits are more widely shared.


Mexico and U.S. Studying NAFTA Rules of Origin Proposals
NASDAQ, August 6, 2018

The Rocky Path to a New NAFTA
The Wall Street Journal, August 5, 2018

Canada ‘Very Keen’ on Wrapping Up Year-Old NAFTA Talks
Reuters, August 4, 2018

Trump’s ‘Great Deal’ with South Korea Jeopardized by Car Tariff Dispute
The Wall Street Journal, August 7, 2018

CPTPP to Boost Singapore’s Total Exports, GDP by 0.2%
Channel NewsAsia, August 6, 2018

Brexit Trade Deal? Minister Reveals New Zealand ‘Very Keen’ for Huge Free Trade Agreement
Express, August 2, 2018

Britain Pursues Trade Partners in Asia as it Prepares to Leave European Union
Press Herald, August 1, 2018

China Says Free Trade Talks with Norway Should Be Accelerated
Reuters, August 1, 2018


American Workers Hurt By Trump’s Trade Tariffs
The OC Register, August 4, 2018

Trump’s Making US Coal Exports the Greatest They’ve Ever Been
AJoT, August 1, 2018

Inflation, Gas Prices, Tariffs Squeeze Consumers
The Sacramento Bee, August 1, 2018


Here’s How California Can Survive Trump’s Trade War
The Sacramento Bee, August 6, 2018

California GOP Lawmakers Lobby Trump to Help Farmers Hurt by Tariffs
Politico, July 31, 2018

More International Articles


How Taming the Mekong Could Give
China Unprecedented Power

Bloomberg, August 7, 2018

China Tightens Controls to Slow Currency’s Fall
AP, August 6, 2018

China Meets Trump’s Tariff Hardball with Pledge to Endure
Bloomberg, August 5, 2018

China Hits Back with Tariffs on $60B in U.S. Goods
Politico, August 3, 2018

Chinese Tech Isn’t The Enemy
The Atlantic, August 1, 2018

US Proposes Higher Tax on $200 Billion in Chinese Imports
The Sacramento Bee, August 1, 2018

Trump’s Tariffs Push Electronics
From China to Southeast Asia

Bloomberg, July 31, 2018

U.K. Sees Brexit Deal Deadline Slipping to End-November
Bloomberg, August 7, 2018

Russia Appoints Hollywood Star Steven Seagal as ‘Goodwill Ambassador’ to US
The Telegraph, August 5, 2018

Asian Nations Push Back at U.S. on Trade, Sanctions
The Wall Street Journal, August 5, 2018

Japan Weighs Sovereign Wealth Fund for U.S. Infrastructure Investment
Reuters, August 2, 2018

Europe Feels the Squeeze of the Trump Trade Tariffs
The New York Times, August 2, 2018

Canadian Agriculture Minister MacAulay Concludes South American Outreach Tour
Market Watch, August 2, 2018

EU Will Lose: Theresa May Told WTO Will Turn UK into an Economic Powerhouse After Brexit
Express, August 2, 2018

UK Appeals to Japan to Press EU for Brexit Deal
Nikkei Asian Review, August 1, 2018

Colombia-Korea Commerce Shows Steady Growth with Free Trade Agreement
The Korea Herald, July 31, 2018




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2017 California Export Guide
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National Association of District Export Councils Annual Export Symposium
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2018 U.S.-Taiwan Business Day

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11/5/2018 - 11/10/2018


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