Also banning imports of Russian goods. President Biden announced Friday that the U.S., European Union and G7 countries are moving to revoke Russia’s “most favored nation” trade status…
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Commerce Department Places Export Restrictions on Russia
Part of the administration’s response to the invasion in Ukraine. The Bureau of Industry and Security within the U.S. Commerce Department implemented stringent export controls on Thursday to…
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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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USDA Releases Agricultural Export Forecast
Trade increased by 24 percent in 2021. The Department of Agriculture released its quarterly forecast on the status of American agricultural trade last week. The report found that…
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U.S. Trade Deficit Rises by 1.7%
Nation imports $64.1 billion more than it exports. The Commerce Department announced on Friday that the trade deficit grew by 1.7% in October, as the nation brought in…
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