ROME, Italy – Today, U.S. Secretary of Commerce Gina Raimondo met with United Kingdom Secretary of State for Science, Innovation and Technology Peter Kyle on the margins of the G7 Ministerial Meeting on Industry and Technological Innovation. The two discussed the Department of Commerce’s and UK Department for Science, Innovation and Technology’s ongoing collaboration on AI safety, continued...

The following joint statement was released by the Government of the United States of America and the Government of the United Kingdom on the sidelines of the G7 Ministerial on Industry, Technology, and Digital, as part of the U.S.-UK Comprehensive Dialogue on Technology & Data. Begin text: The United Kingdom and United States share fundamental values and a commitment to democracy and human rights...

Proposed CHIPS Investment Could Provide Pumps to Nearly All Fabs Built in the United States Through the End of the Decade Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Edwards Vacuum have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $18 million in proposed direct funding under the CHIPS and Science Act. President Biden...

U.S. Secretary of Commerce Gina Raimondo will travel to Rome, Italy from October 10-11 to participate in the G7 Industry and Technological Innovation Ministerial, which will bring together government leaders from Italy, Canada, France, Germany, Japan, the United Kingdom, the United States, and the European Union to discuss challenges facing G7 nations’ economies. Among other issue areas, during...

Today, U.S. Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. During the call, the two sides discussed last month’s second meeting of the U.S.-China Commercial Issues Working Group (CIWG). The Secretary noted ongoing concerns from the U.S. business community about decreasing regulatory transparency in the PRC, non-market...

The National Hurricane Center reports that Hurricane Milton is rapidly intensifying over the Gulf of Mexico as it approaches the west coast of Florida. It will be a major hurricane capable of producing life-threatening storm surges and damaging winds. Storm surge and hurricane warnings are now in effect for portions of the Florida coast, and residents should follow local officials’ advice and...

GDP and U.S. Manufacturing Remain Strong, Wages Grow Faster than Prices Earlier today, the U.S. Labor Department’s Bureau of Labor Statistics (BLS) reported that the U.S. economy added over 250,000 new jobs in September – exceeding expectations. To date, 16 million jobs have been created under the Biden-Harris Administration. In addition, the U.S. economy remains strong with an increase in real...

Since taking office, the Biden-Harris Administration has created nearly 16 million jobs, unemployment among Latinos is at a record low, and Latino entrepreneurs have started new businesses at the fastest rate in over 25 years. In honor of Hispanic Heritage Month, Secretary Raimondo and Deputy Secretary Graves participated in two events that both honored these achievements. They reiterated the...