World Trade Center-Kansas City News: May, 2023

May 04, 2023

Category:

World Trade Center · Newsletters

A LETTER FROM THE DIRECTOR

It’s our favorite time of year at WTC-KC: World Trade Month! During the month of May, we also recognize World Trade Day as part of the larger World Trade Month celebration. Established in 1935 by President Roosevelt, the U.S. has recognized May as World Trade Month, celebrating the importance of international trade to the national economy. Since 1948, World Trade Month has been recognized by Presidential Proclamation. On May 10, WTC-KC is hosting World Trade Day 2023 as a member of the Kansas City International Steering Committee. This year, the theme is international tourism and talent attraction, and what big, international events coming to Kansas City mean for the local economy. Register to join us on May 10 here.

On May 23, we are hosting representatives from the Japanese External Trade Association (JETRO) to join us for a “Doing Business with Japan” roundtable. This business roundtable will highlight business opportunities, industry overviews, and best practices for innovative Kansas City companies and start-ups looking to succeed in Japan. Register for the roundtable here.

Please reach out to us with any trade needs.

Events

Learn How to Grow Your Business Globally
VetBiz
May 9
Register Here

KC World Trade Day
KC International Steering Committee
May 10
Register here

Doing Business with Japan
WTC-KC
May 23
Register here

Heartland Pop Up
Global Ties KC
May 17
Register here

2023 National AANHPI Business Summit
U.S. Department of Commerce Minority Business Development Agency
May 17
Register here

Advanced Technologies for Methane Abatement Business Briefing (Algeria, Egypt, Libya)
USTDA
May 24
Register here

Doing Business with Italian Ports: Venice & Chioggia
U.S. Commercial Service and International Trade Administration
May 25
Register here

KC Rising Horizon 2023
KC Rising
May 25
Register here

ACE Export Compliance Webinar
U.S. Census Bureau
June 6-7
Register here

Infosecurity Europe
U.S. Commercial Service & International Trade Administration
June 20-22
Apply to Exhibit

FITMA 2023: International Expo of Technology and Manufacturing
June 20-22
Learn more

Heartland Export Accelerator Public Showcase
WTC-KC
July 12
Save the Date

Food Expo Pro
Hong Kong Trade Development Council
August 17-26
Register here

Conference and Exhibitions on International Trade & Foreign Direct Investments for Manufacturing, Services, and Agriculture sectors
Global Expo – India
December 21-31

 

Dispatches from DC

Close-up photo of electric car charger plugged into charging port on a silver car.

The United States and Japan recently signed a trade agreement surrounding the manufacturing of electric vehicles. This agreement will strengthen the United States battery supply chain and grant Japanese automakers broader access to a new U.S. tax electric vehicle tax credit. This agreement will not only be mutually beneficial for both countries, but it will also help mitigate the competitors in this market. One of the main actors in this mineral market is China. This deal is another step towards eliminating U.S. and Japanese dependence on China. This intricate task for partnering countries requires reducing and investigating the “non-market policies and practices” China often utilizes. Reducing the United States and Japan’s reliance on China takes collaboration and cooperation between countries. This deal is a step the U.S. is taking to open allies to the $7,500 per vehicle EV tax credit as a part of the climate-focused Inflation Reduction Act. The current administration seeks to agree on a similar deal with the European Union. Read more here.

WHAT WE'RE LISTENING TO

Photo of phone playing podcast and hand writing in notebook.

How Serious is the Risk of War Over Taiwan?

Music to My Ears!

RESOURCES

Photo of hands typing on laptop with computer monitor in the background.

 

  • International Tax Agreement of 2021 by Peterson Institute for International Economics
    Read here
     
  • Country, Market & Industry Data Resources by EXIM Bank
    Read here
     
  • March 2023 Trade Law Update by Husch Blackwell
    Read here
     
  • Global Supply Chains- What to Watch in Q2 2023 by S&P Global Market Intelligence
    Read here
     
  • Waves of Russian Sanctions: American and Allied Measures, Indian and Chinese Responses, and Russian Countermeasures by Dentons
    Read here