Commerce Department Reports Trade Deficit Decline

Officials add 1.42 percentage points to GDP in second quarter.  The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced this week that America’s trade deficit…

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Department of Commerce Launches CHIPS.gov Website

The online resource assists in program implementation. Last week, the Department of Commerce announced the launch of the CHIPS.gov website. Paired with President Biden’s executive order, the website…

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U.S. Tightens Technology Export Controls

Commerce Department calls the move critical to national security.  The U.S. Department of Commerce has adopted new export controls on technologies that support the production of advanced semiconductors…

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Commerce Department Endorses New Semiconductor Factory

Supports passage of Bipartisan Innovation Act On Monday, the Commerce Department announced the company GlobalWafers’ intent to base their next 300-millimeter silicon wafer factory in Sherman, Texas. The…

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Department of Commerce Restricts Russian Oil Sector

Identifies 91 entities connected to Russian oil refinement. The Department of Commerce announced on Friday that it would be implementing new regulations against Russia, this time against its…

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DHS and Commerce Release Supply Chain Report

Government alone cannot resolve Information and Communications Technology findings. Secretaries Gina Raimondo of the Commerce Department and Alejandro Mayorkas of the Department of Homeland Security released a joint…

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Department of Commerce Partners with Goldman Sachs

 Program will provide export education for small businesses. Last week, the U.S. Department of Commerce announced a new partnership with Goldman Sachs called 10,000 Small Businesses. The goal…

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American Steel Industry Supports Deal with Japan

Secretary of Commerce remarks on strategy to counter Chinese trade practices. Last week, steel workers groups responded positively to steel tariffs that Secretary of Commerce Gina Raimondo and…

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Congress Wants Economic U-Turn With China

It would be a bipartisan step away from Clinton-Bush years and more like policies under Trump.  Congress is making an attempt to direct the power of the federal…

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Robert Santos Sworn In as Census Bureau Director

Brings decades of experience to his role. On Thursday, Robert Santos was sworn in as the U.S. Census Bureau’s 26th director, becoming the first Latino to serve in…

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