This will be the first in-person meeting to deepen economic ties in the region. U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai will be co-hosting…
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Housing Starts Drop Nearly 10 Percent
New construction is at the lowest level since June 2020. The Commerce Department reported the number of housing starts decreased sharply in July. Measured on an annualized rate,…
Read MoreCommerce Secretary Commends the CHIPS and Science Act
She is encouraged by the renewed focus on domestic manufacturing After President Biden signed the CHIPS and Science Act of 2022 into law on Tuesday, Secretary of Commerce…
Read MoreSecretaries Blinken and Raimondo Co-Host Supply Chain Forum
17 countries joined the United States in discussions. Last week, Secretary of State Antony Blinken and Secretary of Commerce Gina Raimondo co-hosted a two-day supply chain forum with…
Read MoreSecretary Raimondo Appoints Business in Africa Council
24 members to serve a two-year term as advisors. Last week, the Department of Commerce announced that Secretary Gina Raimondo has appointed 24 members to the President’s Advisory…
Read MoreCommerce 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…
Read MorePresident Declares Two Year Solar Tariff Exemption
Unfreezes imports after federal investigation. President Joe Biden issued an executive order on Monday, declaring a 24-month tariff exemption for solar panels from Cambodia, Malaysia, Thailand, and Vietnam.…
Read MoreAdministration Launches “Internet for All” Initiative
Commerce secretary announces launch. U.S. Commerce Secretary Gina Raimondo recently visited Durham, North Carolina, to announce the launch of the “Internet for All” initiative. A part of the…
Read MoreCommerce Secretary Temporarily Suspends Ukrainian Steel Tariffs
232 tariffs lifted to boost Ukrainian economy. This week, Commerce Secretary Gina Raimondo announced the temporary suspension of 232 Ukrainian steel tariffs. The Ukrainian steel industry employs 1…
Read MoreCommerce Secretary Celebrates Future of Internet Declaration
President’s administration joins global partnership for high-speed internet. President Biden’s administration announced last week that they and 60 global partners joined the Declaration for the Future of the…
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