Last night, Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. Following up on their last meeting in November 2023 during the APEC Leaders Summit in California, Secretary Raimondo and Minister Wang emphasized the importance of leveraging the working group that the U.S. Department of Commerce and the PRC’s Ministry of...

Today, Secretary of Commerce Gina Raimondo had an introductory call with Minister of Economy, Trade, and Industry of Japan Saito Ken. During their call, Secretary Raimondo expressed her condolences to Japan and the families of the victims of the New Year’s Day Earthquake and reiterated President Biden’s commitment to supporting Japan and the Japanese people to recover from this tragedy. In...

Hello everyone. I’m very pleased to join you all today as we mark the launch of the National Foreign Trade Council’s Alliance for National Security and Competitiveness. The launch of this alliance could not be more timely. As President Biden often says, we are at a critical inflection point in our national security. The COVID pandemic exposed serious vulnerabilities in our supply chains and we...

Reflecting on a momentous 2023, the DOC Equity (DEIA) Council continued to inspire us, ignite change, and spark action across the Department to cultivate a culture of fairness and inclusion. The Council made significant progress in the critical areas of external service delivery, internal workforce development, measurement, and infrastructure to create a world-class program of sustainability and...

Thanks to President Biden’s Investing in America agenda , 2023 brought significant success to American workers and businesses, including the implementation of the $50 billion CHIPS for America Program to revitalize the U.S. position in semiconductor research, development, and manufacturing, a $42.45 billion investment to bring affordable, reliable high-speed Internet service to every home...

Today, the U.S. Department of Commerce announced its findings that imports of tin mill products from Canada, China, Germany, and the Republic of Korea are being unfairly priced, i.e., dumped, into the U.S. market, and imports of tin mill products from China are also being subsidized. Commerce also finds that imports of tin mill products from the Netherlands, Taiwan, Turkey, and the United Kingdom...

Commerce’s SelectUSA program promotes foreign direct investment that supports hundreds of thousands of good-paying jobs in critical sectors across the United States Today, the U.S. Department of Commerce announced that it has achieved a new milestone of facilitating more than $200 billion in client-verified foreign direct investment (FDI), supporting more than 200,000 jobs throughout the United...

The Potential Investment Under the CHIPS and Science Act Would Shore Up Domestic Supply of Microcontroller Chips and Create Over 700 New Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Microchip Technology Inc. have reached a non-binding preliminary memorandum of terms (PMT) to provide approximately $162 million in federal incentives under the CHIPS...