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...

In the first year of President Donald J. Trump’s second term, Secretary Lutnick has overseen a total transformation of the Department of Commerce. Sectorial Tariff Revenue and Investment Deals 20 landmark trade deals totaling over $9.94 trillion in U.S. investment commitments President Trump and Secretary Lutnick have focused on rebalancing trade and securing the American industrial base through...

Micron executives joined by Commerce Secretary Howard Lutnick and other distinguished guests at the Micron Official Groundbreaking at New York Megafab Site “Today’s groundbreaking is more proof that American greatness is back. Under President Trump, we’re done outsourcing our future and, instead, we’re building it right here at home. Micron’s investment in New York means tens of thousands of great

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

ADVANCING AMERICA FIRST TRADE AND INVESTMENT: Today, 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. The...

"Our immigration system should put Americans first. That's exactly why the Trump Gold Card is a major win for our country." Secretary Howard Lutnick The Trump Gold Card Apply Now

U.S. Secretary of Commerce Howard Lutnick today announced the appointment of Taylor Jordan as Director of the Office of Space Commerce (OSC), underscoring the Trump Administration’s commitment to strengthening U.S. leadership in space commerce. Mr. Jordan will continue to serve concurrently as assistant secretary of commerce for environmental observation and prediction at the National Oceanic and...

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...