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Export and investment promotion

Exports and foreign direct investment (FDI) are proven job generators. In 2022, it is estimated that exports directly and indirectly supported approximately 10.2 million jobs, or 6.7 percent of total U.S. employment. Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022.

The 2026 SelectUSA Investment Summit returns to National Harbor, Maryland, from May 3-6, 2026, to establish new connections and growth opportunities through investing in the United States.

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Trump Administration Secures an Additional $100 Billion U.S. Semiconductor Manufacturing Investment for a Total of $265 Billion from TSMC

Press releases
As a result of the historic deal related to U.S. and Taiwan Trade and Investment announced in January 2026, TSMC has just announced an incremental $100 billion investment for a total of $265 billion in the U.S. This investment will result in four additional advanced semiconductor manufacturing facilities, bringing the total to 12 leading-edge semiconductor and packaging facilities. Today, the...
Export and investment promotion
Semiconductor Industry
Foreign direct investment [FDI]
Taiwan
Semiconductors

2026 SelectUSA Investment Summit Concludes, Catalyzing Over $56 Billion in Investment Commitments and Plans

Press releases
This week, the U.S. Department of Commerce hosted the 2026 Select USA Investment Summit, the largest in its history. Held May 3-6 in National Habor, Maryland, the Investment Summit welcomed over 5,500 attendees from a record 100+ international markets and included over 1,100 economic developers representing all 55 U.S. states and territories. This year’s Investment Summit catalyzed more than $56...
Export and investment promotion
SelectUSA
SelectUSA Investment Summit

Secretary Howard Lutnick and Global Business Leaders Announced as Speakers at the 2026 SelectUSA Investment Summit

Press releases
Today, the Department of Commerce announced that U.S. Secretary of Commerce Howard Lutnick will provide opening keynote remarks at the 2026 SelectUSA Investment Summit, scheduled for May 3-6 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. The Department of Commerce also announced global business leaders who will participate as main stage speakers, including on...
Export and investment promotion
SelectUSA Investment Summit
SelectUSA

Joint Announcement on the Japan-U.S. Strategic Investment

Press releases
On the occasion of the Summit Meeting between Prime Minister TAKAICHI Sanae and President Donald J. TRUMP in Washington, D.C. on March 19, 2026, the Government of Japan and the Government of the United States of America welcome the steady progress in the implementation of the FIRST batch of projects under the Japan-U.S. Strategic Investment, which were announced on February 17, 2026. First batch...
Export and investment promotion
Japan

Statement from Secretary Howard Lutnick: MASSIVE AMERICA FIRST TRADE WIN

Press releases
President Trump has approved the first three projects under Japan’s $550 billion investment commitment to the United States as part of our historic U.S.–Japan trade deal. These projects represent a $36 billion commitment in key sectors of our economy -- power generation, oil and gas, and advanced manufacturing. This is what strategic trade looks like. First, in Ohio, together with Japan, we will...
Export and investment promotion
Japan

Fact Sheet: U.S. — Japan Trade Deal

Fact sheets
These project announcements are a direct result of President Trump’s historic $550 billion trade deal with Japan to strengthen American national and economic security. Deal 1: Portsmouth Powered Land Project Location: Vicinity of Portsmouth, Ohio Project Type: Natural Gas Power Facility Cost: $33 Billion Capacity: 9.2 GW — Largest natural gas generation projects in the world Operator: SB Energy...
Export and investment promotion

Howard Lutnick: Why the Trump administration is going to Davos

Op-eds
Every year in January, leaders gather in Davos, Switzerland, for the World Economic Forum to discuss the global economy. This year, some people have asked a great question: Why is the Trump administration going to Davos at all? Why show up and participate when we’ve been so clear that the old globalist line of thinking has been a disaster for America? The answer is simple: we’re not going to Davos...
Export and investment promotion

Historic U.S.-Taiwan Trade Deal

Blog
Yesterday, we launched the largest semiconductor investment in American history, joined by Ingrid D. Larson of the American Institute in Taiwan and TECRO Representative Alexander Tah-Ray Yui as we advanced the historic America First trade and investment partnership led by President Trump.
The American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States signed a historic trade deal that will drive a massive reshoring of America’s semiconductor sector. This unprecedented commitment will strengthen U.S. economic resilience, create high-paying jobs, and bolster national security. Read the fact sheet on Restoring American Semiconductor
Export and investment promotion
Semiconductor Industry
Taiwan

U.S. Government Announces Agreement in Principle with the United Kingdom on Pharmaceutical Pricing

Press releases
Today, the Department of Commerce, the Office of the United States Trade Representative, and the Department of Health and Human Services issued the following statements announcing an agreement in principle on pharmaceutical pricing between the United States and the United Kingdom. In the historic U.S.-U.K. Economic Prosperity Deal (EPD), President Trump and Prime Minister Starmer agreed to address...
Export and investment promotion

U.S. Commerce Secretary Lutnick meets with EU Leaders in Brussels

Blog
Secretary Lutnick in Brussels with EU leaders
On November 24, U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer met with European Union (EU) trade ministers in their first trips to Brussels since taking office to strengthen President Trump’s historic trade deal. Secretary Lutnick urged the EU to adopt a "balanced approach" to digital regulation to secure an agreement to lower steel and aluminum tariffs. Fact
Export and investment promotion
European Union
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