President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…
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President Orders Creation of Federal Cryptocurrency Stockpile
The reserve will start with Bitcoin seized by law enforcement from financial crimes. President Donald Trump signed an executive order on Thursday to establish a “digital asset stockpile,”…
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Commerce Secretary Says Tariffs Part of “Drug War,” Not “Trade War”
He says U.S. will reexamine tariffs if flow of fentanyl reduced by April 2. Commerce Secretary Howard Lutnick described President Donald Trump’s tariffs against Mexico and Canada on…
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Commerce Department to Investigate Copper Tariffs
President Trump seeks to increase domestic production. President Donald Trump has directed the Commerce Department to investigate the U.S. copper industry to determine whether tariffs could support an…
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Senate Confirms Commerce and Small Business Officials
Loeffler becomes SBA Administrator and Lutnick confirmed as Commerce Secretary. The Senate confirmed former U.S. Senator Kelly Loeffler as the head of the Small Business Administration (SBA) this…
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President Nominates Neil Jacobs as Head of NOAA
Commerce secretary nominee commits to leaving the agency under current department jurisdiction. President Donald Trump nominated scientist Neil Jacobs for administrator of the National Oceanic and Atmospheric Administration…
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Commerce Department Awards HP $53 Million for R&D Expansions
The funding will support facility modernization and 250 additional jobs in Corvallis, Oregon. The Commerce Department awarded technology company HP $53 million earlier this month to expand its…
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Commerce Department Seeks to Limit Chinese-Made Parts in Drones
Proposes regulation for communication technology supply chain. The Bureau of Industry and Security (BIS) within the Commerce Department has issued a proposed rule for potential regulations on foreign-made…
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Congress Reauthorizes Economic Development Administration
Commerce secretary commends the reauthorization. Commerce Secretary Gina Raimondo celebrated Congress’s reauthorization of the Economic Development Administration (EDA) this month, a Commerce Department agency that has not been…
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Commerce Department Signs Cooperation Agreement with Angola
The trade agreement launches commercial partnership between countries’ private sectors. Secretary of Commerce Gina Raimondo signed a trade agreement with Angolan Commerce Minister Rui Miguêns de Oliveira this…
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