
Trade
Position
California is among the 10 largest economies in the world with a gross state product of more than $1.5 trillion. International-related commerce accounts for approximately one-quarter of the states economy. Although trade is a nationally determined policy issue, its impact on California is immense. Therefore the CalChamber will work to support negotiations, legislation, and regulations allowing California companies to compete more effectively in foreign markets and to attract more business to California.
News
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Iran's hard-liners are skirting sanctions
Aug 23, 2010 — Los Angeles Times
Additional costs are passed on to the buyer, said Vakil and other Iranian businesspeople.Well-connected companies are even finding ways to profit directly from the sanctions. Businesspeople say a sanctions-breaking industry is emerging, with firms specializing in helping others overcome the restrictions for a price.
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Lodi-area Democrats top Republicans in cash game
Jul 21, 2010 — Lodi News-Sentinel
Lodi: $4,800 Janel Johnson, homemaker, Lodi: $500 Mike Hazalhofer, self-employed speech therapist, Woodbridge: $800 Darrell Drummond, business owner, Lodi: $500 Sandra Cook, retired, Lodi: $4,800 Jim Cook, owner, Calva Products, Lodi: $4,800 Steve Coldani, farmer, Lodi: $500 Corey Brink, physician, Lodi: $250 Robert Beadles, business owner, Lodi: $2,400 (in-kind, signs, voter outreach) Nicole Beadles, business owner, Lodi:...
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Southern California economy is beginning to gain strength, forecast says
Jul 21, 2010 — Los Angeles Times
If a business wants to expand their factory, they need to be able to borrow to do it. Some businesses, Sidhu said, were buying computer equipment. "This is new since February.
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Iran merchants and tax collectors end standoff
Jul 18, 2010 — Los Angeles Times
And the merchants represent a business class that has traditionally wielded a lot of political power in Iran. Falling oil prices, rising unemployment, political unrest and the threat of war have forced the government to shore up its finances.
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State's exports rise, but trade forecast dims
Jul 14, 2010 — The Sacramento Bee
Crews there handled 49 percent more cargo than in May 2009, Beacon reported. Said O'Connell: "Those contented cows are not just feeding Americans." Nationally, May exports rose to $152.3 billion, the largest number since September 2008, the Commerce Department reported. That was the largest trade gap since November 2008, the Commerce Department reported. ------ Call The Bee's Jim Wasserman, (916) 321-1102.
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Surprise jump in trade deficit worries economists: U.S. trade deficit took a surprising jump of nearly 5% from April to May, to the highest level since November 2008. Analysts scale back growth forecasts. Some see a threat to the economic recovery.
Jul 14, 2010 — Los Angeles Times
Louis, slashed its estimate of gross domestic product growth in the second quarter by 0.8 of a percentage point to a weak 2.4% annual rate. Beijing said last month it would allow a more flexible exchange rate.
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California exports rise on sales of electronics, eggs, honey
Jul 13, 2010 — The Sacramento Bee
Beacon is a consulting firm with offices in the Bay Area and Los Angeles. The uptick represented a seventh straight month of year-over-year export gains for California. O'Connell said products are shipped to Singapore, Malaysia, China and Japan for further assembly. But imports grew faster, to $194.5 billion, raising the nation's trade deficit to $42.3 billion.
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Surprise jump in trade deficit worries economists
Jul 13, 2010 — Los Angeles Times
Louis, slashed its estimate of gross domestic product growth in the second quarter by 0.8 of a percentage point to a weak 2.4% annual rate. Soaring deficits financed by cheap money from abroad contributed to the latest recession. The recession sharply reduced the U.S. trade gap, with imports falling faster than exports. This even as U.S. imports of crude oil fell by $2.2 billion over the month, as expected.