Commerce Secretary Gina Raimondo Announces New Census Bureau Action to Track Child Care Data to Inform and Target Solutions to Child Care Crisis. Today, the U.S. Department of Commerce co-hosted, with the U.S. Chamber of Commerce and the U.S. Chamber of Commerce Foundation, a first-of-its-kind National Child Care Innovation Summit. The event brought together hundreds of key public- and private...

According to new survey data from the Federal Reserve’s 2023 Survey of Household Economics and Decisionmaking (“SHED”), low-income families are more likely to reduce work to care for young children while high income families are more likely to pay for care. [i] These differing decisions have financial consequences, as families who reduce work are less well off financially than those who are not...

Today, U.S. Secretary of Commerce Gina Raimondo met with European Commission Executive Vice President Margrethe Vestager, Japanese Minister of Economy, Trade and Industry Saito Ken, and Republic of Korea Minister of Trade, Industry and Energy Ahn Duk-geun to discuss the importance of trustworthy and resilient supply chains in key sectors. The Ministers discussed shared concerns regarding the...

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...

Today, Secretary of Commerce Gina Raimondo met with Costa Rica’s Minister for Foreign Trade Manuel Tovar. The two discussed efforts to elevate Costa Rica’s role in semiconductor assembly, testing, and packaging following the Secretary’s March visit to Costa Rica. They discussed the Ministry’s recent efforts to deepen commercial collaboration with Singapore, Japan and Taiwan, as well as progress...

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...