Today, U.S. Secretary of Commerce Gina Raimondo announced the lineup of global executives, business leaders and senior U.S. government representatives participating in the 2024 SelectUSA Investment Summit, scheduled for June 23-26 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. Notable speakers and attendees at this year’s SelectUSA Investment Summit include U.S...

President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In...

Today, U.S. Secretary of Commerce Gina Raimondo issued the following statement on President Biden’s decision to direct the United States Trade Representative to increase tariffs under Section 301 of the Trade Act of 1974 on $18 billion of imports from China to protect American workers and businesses. “President Biden is taking decisive action to ensure unfair trade practices do not threaten our...

Thank you, Jonathan, for that introduction. You, Vice-Chair Anne Burkett and your amazing team have done an excellent job putting this event together. It’s so great to be with you again this year to speak with you about our work at Commerce to support our exporters. It was 50 years ago that then-Secretary of Commerce Frederick B. Dent established the District Export Councils program to help...

Today, the U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA) alongside several other bureaus within Commerce including the Bureau of Economic Analysis (BEA), the Bureau of Industry and Security (BIS), the National Oceanic and Atmospheric Administration (NOAA) and the International Trade Administration (ITA), began implementing an important Internet...

Proposed Investment of Approximately $120 Million From CHIPS and Science Act Would Build on Minnesota’s Decades-Long History in the Semiconductor Industry and Create over 160 Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Polar Semiconductor (Polar) have reached a non-binding preliminary memorandum of terms (PMT) to provide the company with up to...

Yesterday, Secretary of Commerce Gina Raimondo met with His Excellency Mohamed bin Hassan Alsuwaidi, the Minister of Investment of the United Arab Emirates. Secretary Raimondo discussed shared investment priorities and opportunities to expand commercial and investment ties between the United States and the United Arab Emirates. She also congratulated the Minister on recent developments in U.S.-UAE...

NEWPORT, RI – Today, the Department of Commerce’s National Oceanic and Atmospheric Administration (NOAA) held a groundbreaking ceremony for a new facility on Naval Station Newport in Rhode Island that will serve as the future home of the NOAA Marine Operations Center-Atlantic . In December, the U.S. Navy, on behalf of NOAA, awarded $146,778,932 to Skanska USA to build the new NOAA facility. The...

Today, the Biden-Harris Administration issued a Notice of Funding Opportunity (NOFO ) seeking proposals from eligible applicants for activities to establish and operate a CHIPS Manufacturing USA institute focused on digital twins for the semiconductor industry. Digital twins are virtual models that mimic the structure, context, and behavior of a physical counterpart. The CHIPS for America Program...

Announcement is Part of Secretary Raimondo’s Million Women in Construction Initiative Today, the U.S. Department of Commerce announced the CHIPS Women in Construction Framework, a set of five best practices, as well as the first voluntary commitments to the Framework from Intel Corporation and Micron Technology. The Framework is part of U.S. Secretary of Commerce Gina Raimondo’s ongoing Million...