Welcome to the first-ever National Child Care Innovation Summit. Now, it may seem unusual for a Commerce Secretary to be so focused on childcare. But I’m here because childcare is not only a social issue or a “women’s issue.” It is also an economic issue. In fact, I'd argue it’s one of the most critical economic issues affecting families, businesses, and communities today. The lack of investment...

Today, U.S. Department of Commerce Secretary Gina Raimondo and Korean Minister of Trade, Industry, and Energy (MOTIE) Ahn Duk-geun held the second United States-Korea Supply Chain and Commercial Dialogue (SCCD) Ministerial Meeting. The Secretary and Minister reviewed progress made to date between Commerce and MOTIE to deepen bilateral economic and commercial cooperation between the countries...

Today, U.S. Secretary of Commerce Gina Raimondo and Japanese Minister of Economy, Trade, and Industry Ken Saito held a ministerial meeting of the Japan-United States Commercial and Industrial Partnership (JUCIP). During the meeting, the Secretary and Minister expressed deep concern about the weaponization of economic dependencies as well as the use of non-market policies and practices on certain...

We, U.S. Secretary of Commerce Gina Raimondo; Japanese Minister of Economy, Trade, and Industry Saito Ken; and Republic of Korea (ROK) Minister of Trade, Industry, and Energy Ahn Duk-geun met in Washington today for the inaugural meeting of Commerce and Industry Ministers. United by the vision established by our three leaders at their historic Trilateral Summit at Camp David on August 18, 2023, we...

Minister Ahn, Minister Saito, it’s my honor to welcome you to the United States Department of Commerce. Thank you for being here for the first-ever U.S.-Japan-Korea Commerce and Industry Ministerial. When our leaders met at Camp David last August for their historic Trilateral Summit, they charged us with using this new, trilateral platform to raise our shared ambitions to a new horizon. This is an...

Proposed Investment Would Support Construction of a State-of-the-Art Manufacturing Center and Create Over 1,100 Direct Jobs in Colorado Springs, Colorado Today, the Biden-Harris Administration announced that the Department of Commerce and Entegris, a key supplier of advanced materials and process solutions for leading-edge chipmakers, have reached a non-binding preliminary memorandum of terms (PMT...

Wisconsin-based companies, Miron and Boldt join a growing list of construction industry leaders, including Bechtel and Turner who announced their support earlier last week. On Friday, U.S. Secretary of Commerce Gina Raimondo traveled to Milwaukee to join Governor Tony Evers and the Wisconsin Regional Training Partnership WRTP | BIG STEP for a roundtable on women in construction and the trades...

Joint initiative strengthens federal workforce technical assistance to foreign multinational businesses in Japan, South Korea, and Taiwan starting or expanding U.S. operations Today, the U.S. Department of Commerce announced a market expansion of SelectTalentUSA, a joint initiative across the U.S. Departments of Commerce, Labor, and Education providing technical assistance to foreign businesses to...

Today, the Biden-Harris Administration announced that the Department of Commerce and Rocket Lab, the parent company of space power provider SolAero Technologies Corp., have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $23.9M in direct funding under the CHIPS and Science Act. The proposed CHIPS investment would help create a more robust and resilient supply of space...

Proposed CHIPS Investment Would Support Construction of New Manufacturing Facility and Over 1,200 Jobs in Covington, Georgia Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Absolics, an affiliate of the Korea-based SKC, have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $75 million in direct funding under the CHIPS and Science...