U.S. Secretary of Commerce Gina M. Raimondo announced today registration is open for SelectUSA’s Annual Investment Summit, which will take place June 26-29, 2022, at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the largest event dedicated to promoting foreign direct investment (FDI) in the United States. The summit plays a vital...

Today, Congresswoman Debbie Dingell (MI-12) and Senator Gary Peters (MI) hosted U.S. Secretary of Commerce Gina Raimondo and industry, labor, and state and local government partners at the UAW Region 1A in Taylor, Michigan for a roundtable discussion about the semiconductor chip shortage. The roundtable discussion focused on the shortage’s impact on Michigan, especially on auto workers, and how...

Steel and aluminum are critical components of the American economy. From cars and trucks to our appliances and beer cans, Americans depend on steel and aluminum for everyday items. Many Americans also rely on the steel and aluminum industries for good-paying jobs. The steel industry supports nearly 2 million Americans who, on average, earn 27% more than the median earnings for men and 58% more...

As our Nation honors Native American Heritage Month, the Department of Commerce remains committed to building back a better, more equitable economy where no one is left behind. By implementing the Infrastructure Investment and Jobs Act , Commerce’s National Telecommunications and Information Administration (NTIA) will help ensure every person in this country, especially those living on Tribal land...

Today, following the announcement from Samsung on its plan to invest $17 billion in a new semiconductor facility in Taylor, Texas, U.S. Secretary of Commerce Gina M. Raimondo released the following statement: “We are thrilled about Samsung’s investment in Texas. Domestic semiconductor production is critical to preserving and growing U.S. leadership and innovation in one of our most critical...

Yesterday, U.S. Secretary of Commerce Gina M. Raimondo concluded her visit to Asia with an official visit to Malaysia. She met with Malaysian government leaders to discuss opportunities to strengthen our economic relationship through collaboration and partnership. In her discussions, she highlighted the importance of reliable supply chains and semiconductor manufacturing, and the digital economy...

Yesterday, following a roundtable focused on the semiconductor supply chain with government and business leaders, U.S. Secretary of Commerce Gina Raimondo and Malaysian Senior Minister of International Trade and Industry Mohamed Azmin Ali released the following joint statement: "We support the strong commercial relationship between the United States and Malaysia through enduring trade, investment...

Today, U.S. Secretary of Commerce Gina M. Raimondo met with Malaysia’s Minister of Communications and Multimedia Tan Sri Datuk Seri Panglima Haji Annuar bin Musa. The Secretary highlighted the Biden Administration’s broader objective of working with like-minded partners across the Indo-Pacific on an economic framework strengthen economies on both sides of the Pacific. The Secretary and Minister...