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Blog Category: Exports

Secretary Bryson Advocates Build It Here, Sell It Everywhere at State Department Global Business Conference

Bryson flanked by flags at the State Department

Earlier today, Secretary Bryson spoke to the first-ever State Department Global Business Conference during an afternoon plenary session entitled, “What the Government Can Do for Business.” He discussed his top priorities as Commerce Secretary: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. Bryson highlighted efforts at making the Commerce Department an effective partner and resource for American businesses.

Secretary Bryson focused on the Administration's jobs effort, saying "In October of last year, I was confirmed as Secretary. Around that same time, Secretary Clinton sent a cable to her staff in U.S. embassies.  It said that strengthening our economic leadership abroad and driving growth here at home – “economic statecraft” – is now a key part of what the State Department does. I was pleased to hear this because economic statecraft aligns perfectly with the top priorities I have for the Commerce Department: supporting advanced manufacturing, increasing U.S. exports, and attracting more investment to the U.S. – all to create jobs."

Secretary of State Hillary Clinton amplified that message earlier at the luncheon session, saying "I have made 'Jobs Diplomacy' a priority mission at the State Department, with a clear goal: Just as our companies are ready to out-work, out-innovate, and out-compete their rivals, so we intend to be the most effective diplomatic champions for prosperity and growth."

Secretary Bryson Highlights Balanced Trade Growth, Promotes Exports at U.S.-China Trade Forum in Los Angeles

Secretary Bryson greets Chinese Vice President Xi Jinping prior to the U.S.-China Business Cooperation Forum.

Commerce Secretary John Bryson spoke today at the U.S.-China Economic and Trade Cooperation Forum in Los Angeles, highlighting ways the U.S. and China can cooperate to establish a level playing field, generate economic growth and create good jobs. In his remarks, he addressed the need to achieve balanced trade growth and increase U.S. exports to China.

Bryson also highlighted the progress of President Obama’s SelectUSA initiative, led by the Commerce Department, which is designed to help businesses from around the world, including China, make direct investments in the U.S. and create jobs for American workers.

Los Angeles Mayor Antonio Villaraigosa, California Governor Jerry Brown, and Under Secretary of Commerce for International Trade Francisco Sánchez also spoke. Vice President Xi Jinping of the People’s Republic of China was the keynote for the event.

The forum was part of Vice President Xi’s week-long visit to the U.S., the second of the planned reciprocal visits between the Vice Presidents announced by President Obama and Chinese President Hu Jintao during the latter’s state visit to Washington last year.

Also today, President Obama announced new steps aimed at promoting American manufacturing and increasing U.S. exports to help U.S. companies build things here and sell them everywhere.  

In case you missed it, you can read an op-ed published today by Secretary Bryson highlighting the fact that American manufacturing and exporting are showing signs of growth, and how the president and the Commerce Department are helping to build on this progress and create an economy that's built to last.

Commerce's EDA Promotes American Manufacturing

EDA logo

Manufacturing represents nearly 60% of total U.S. exports and will play a vital role in America’s economic recovery.

During his State of the Union address, President Obama laid out a blueprint for an "America Built to Last." That starts with American manufacturing. And in his FY2013 budget request, the president outlined strong support for manufacturers by increasing investments in advanced manufacturing, new trade promotion efforts, and innovation.

Today, the president toured the Boeing assembly facility in Everett, Washington, to announce new steps aimed at promoting American manufacturing and increasing U.S. exports. This visit comes on the heels of his trip to Milwaukee, Wisc., where he toured Master Lock, a company that is insourcing and selling their products all over the world.

Federal agencies are making significant investments in innovation and American manufacturing. During the past two years, we have begun to see positive signs in American manufacturing, with the manufacturing sector adding more than 400,000 jobs-the first period of sustained job growth in manufacturing since the 1990s.

Leading the Way for U.S. Aerospace Companies at the Singapore Air Show

Assistant Secretary Nicole Y Lamb-Hale (third from left) with the staff of the U.S. International Pavilion at the 2012 Singapore Air Show.

Guest blog post by Nicole Y. Lamb-Hale, Assistant Secretary for Manufacturing and Services, International Trade Administration

This week I’m in Singapore leading a delegation of fifteen small and medium sized U.S. aerospace companies to the 2012 Singapore Air Show. The delegation is part of the overall presence of U.S. companies at the U.S. International Pavilion, which this year featured more than 70 companies, 27 of whom are first time exhibitors. In total, more than 170 U.S. companies are exhibiting at the air show, which is Asia’s largest aerospace and defense event and one of the top three air shows in the world.

One of the highlights of my trip was witnessing a signing ceremony between Boeing and Indonesia’s Lion Air. Lion Air has agreed to buy 230 new 737-model aircraft from Boeing, valued at $21.7 billion, making it the largest commercial deal in company history. The sale is estimated to support 110,000 industrial jobs in the U.S.

Secretary Bryson Addresses Los Angeles-Area Business Leaders About the Value of Trade with China

Secretary Bryson Joins Los Angeles-Area Business Leaders for a Roundtable Discussion

Today, Secretary Bryson returned to his home city and led a roundtable with Los Angeles-area businesses about trade with China. Bryson delivered the message that the U.S. and China need greater balance in our trade and economic relationship–and a level playing field for American businesses. To ensure a level playing field, the president has requested funding for an Interagency Trade Enforcement Center coordinated through the Commerce Department’s International Trade Administration and the U.S. Trade Representative’s office. This will allow additional advocates for businesses to challenge unfair trade rules and practices throughout the world.

Bryson shared that in the past two years, U.S. exports to China have grown by almost 50 percent and they exceeded $100 billion for the first time in 2011. Vice President Biden has told China's Vice President Xi that America hopes that China does more to allow and encourage increased domestic consumption among its people, and this week they committed to allow non-Chinese companies to compete in selling motor vehicle insurance.

With its enormous size, the Chinese market is ripe for made-in-America products and Bryson encouraged the assembled businesses to explore exporting. In fact, the Commerce Department has 120 Foreign Commercial Service officers in China ready to help them enter the Chinese market.

Acting Deputy Secretary Blank Meets with Frédéric Lefebvre, French Minister

Blank with minister Lefebvre shaking hands

Yesterday, Acting Deputy Commerce Secretary Rebecca Blank met with Frédéric Lefebvre, French Minister for Commerce, SMEs, Tourism, and Consumer Policy, at the Commerce Department to discuss ways to increase cooperation in the U.S.-France commercial relationship. Lefebvre is in Washington briefly before traveling to Miami for the World Symposium of French Trade Advisors on February 9–10.
 
In light of the Euro crisis, Blank and Lefebvre discussed French growth prospects and U.S. exports, as well as government initiatives, such as BusinessUSA, aimed at improving competitiveness, creating jobs and cutting bureaucratic red tape. They also talked about strategies that each government is pursuing to increase tourism and ideas for cooperation in order to increase trade and investment flows. In addition, Blank and Lefebvre talked about foreign direct investment through the SelectUSA program. Blank said she looks forward to continuing to strengthen the trade relationship between the two countries.

Commerce Secretary John Bryson Meets with the National Advisory Council on Minority Business Enterprise

NACMBE with Secretary John Bryson

Data from the Department of Commerce reveal that minority-owned firms are an engine of job growth and are more likely to export than non-minority-owned firms. These firms account for $1 trillion in gross receipts and employ almost six million Americans. To bolster the economic impact of minority entrepreneurs across the county, the National Advisory Council on Minority Business Enterprise (NACMBE) was established in April 2010.  

Commerce Secretary John Bryson hosted the fifth meeting of the National Advisory Council on Minority Business Enterprise today at the Commerce Department. The Council, co-chaired by Mark Hoplamazian, CEO of Hyatt Hotel Corporation, and Janice Savin-Williams, co-founder and principal, Williams Capital Group, includes CEOs, entrepreneurs, investors, and scholarly research experts.

“It’s clear that minority communities and minority-owned businesses were hit hard in the recession. However, in the last 22 months, 3.2 million jobs were created.  Also, credit is flowing again to a certain degree,” Bryson said today. “But with your help, we can foster an environment where minority entrepreneurs, innovators and business leaders can do what they do best–create jobs.”  

Working with Florida Businesses to Create an Economy Built to Last

Sánchez speaking with Vaughn after a White House Hispanic Community Action Summit

Guest blog post by Francisco Sánchez, Under Secretary of Commerce for International Trade, International Trade Administration

It’s always good to be back in my hometown of Tampa, Florida.

This morning, I was proud to participate in a powerful and productive discussion at a White House Hispanic Community Action Summit, which took place at the University of Tampa. It was another great opportunity for Obama administration officials and community leaders to exchange thoughts and perspectives about the challenges currently facing our nation.

Although a number of topics were discussed, there was one that was near the top of everybody’s agenda—the economy.

Sure, there’s been a lot of good news lately; all of us were very encouraged by today’s jobs report which showed that 257,000 private sector jobs were created in January and the unemployment rate fell to 8.3 percent.

Thanks to President Obama’s leadership, the United States has had 23 straight months of private sector growth, for a total of 3.7 million jobs over that period.

But, there’s still a lot of work to do to ensure that everybody who wants a job can get one.

Exporting Products “Made in America” Supports Jobs Here at Home

Under Secretary Sánchez jwith representatives from U.S. companies who have partnered with the Department of Commerce on its New Market Exporter Initiative

Guest blog post by Francisco J. SánchezUnder Secretary of Commerce for International Trade

It’s been called the beginning of a manufacturing renaissance. 

As President Obama noted at yesterday’s “Insourcing American Jobs” forum, 334,000 manufacturing jobs have been created in the past two years. And, in the third quarter of 2011, manufacturing profits were up more than 7 percent compared to the first quarter.

These positive trends are very good news because manufacturing is a key to our economy. As the Department of Commerce’s report—“The Competitiveness and Innovative Capacity of the United States”—recently highlighted, in 2009, manufacturing made up more than 11 percent of GDP.

It employed nearly 12 million workers. And, these are good jobs. In the manufacturing sector, total hourly compensation is, on average, 22 percent higher than the services sector.

That’s why the Obama administration is firmly committed to working with the manufacturing industry to keep this momentum going.

Today, I had the honor of serving as the keynote speaker at the National Association of Manufacturers’ Council of Manufacturing Associations (NAM CMA) winter meeting.

I talked about the work we are doing at the International Trade Administration to support their efforts. Exports and manufacturing are intimately linked. U.S. businesses produce the best and most innovative products in the world. But, what good is a product if it sits on a shelf? Businesses need to sell them.

Secretary Bryson: "Build it Here, Sell it Everywhere"

Bryson, gesturing during Chamber remarks, on podium (photo: U.S. Chamber of Commerce)

U.S. Commerce Secretary John Bryson today laid out his vision for how the Department of Commerce can best partner with the business community to support the president’s jobs agenda at a speech at the U.S. Chamber of Commerce. In his remarks, Bryson outlined his top three priorities to help American businesses "build it here and sell it everywhere," focusing on supporting advanced manufacturing, increasing our exports, and attracting more investment to America from all over the world. The former Chairman and CEO of Edison International, Bryson also served as a director on the boards of Boeing and the Walt Disney Company, and as a senior advisor to the private equity firm KKR, and he spoke about his experiences in the private sector and how the Department of Commerce is uniquely situated to support job creation.

“At the Commerce Department, we aren’t waiting to act. . . .We have a major role to play at this critical time to support job creation in America. We have an array of tools to help make our businesses more innovative, more efficient, and more competitive around the world,” he said. “I want to know how this administration and the Commerce Department can best help you. From these conversations, my discussions with the president and my own personal experience, I will prioritize one simple imperative. . . to help American businesses build it here and sell it everywhere.”

The Secretary's remarks at the Chamber marked his first major address, laying out his vision for the Department, focusing on manufacturing, exports and investing in America. Read about the new or recently announced Commerce Department initiatives to support these prioritiesPress release  |  Remarks | Video