A NEW ERA OF U.S.-JAPAN TRADE RELATIONS: Earlier this month, President Donald J. Trump signed an Executive Order implementing the framework agreement between the United States and Japan that he announced on July 22, 2025. Fact Sheet on President Donald J. Trump Implements A Historic U.S.-Japan Framework Agreement

Today, the Department of Commerce announced that it will begin posting real gross domestic product (GDP) data on the blockchain beginning with the July 2025 data. GDP increased at an annual rate of 3.3 percent in July 2025 according to the revised estimates released by the U.S. Bureau of Economic Analysis. This is the first time a federal agency has published economic statistical data like this on...

Today, Secretary Howard Lutnick announced that effective immediately, the National Institute of Standards and Technology (NIST) will assume operational responsibility for the National Semiconductor Technology Center (NSTC) from the National Center for the Advancement of Semiconductor Technology Center (Natcast). NSTC’s operations will be reformed to align with statutory requirements and increase...

The United States and the European Union are pleased to announce that they have agreed on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (“Framework Agreement”). This Framework Agreement represents a concrete demonstration of our commitment to fair, balanced, and mutually beneficial trade and investment. This Framework Agreement will put our trade and investment relationship –...

The U.S. Departments of Commerce, Labor, and Education today published a milestone report, America’s Talent Strategy: Equipping American Workers for the Golden Age , which presents a bold vision and concrete actions to transform the federal government’s approach to workforce development. The strategy outlines the Trump Administration’s blueprint for how it will prepare the workforce to seize the...

The text of the following statement was released by Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, Secretary of Energy Chris Wright, and Secretary of Transportation Sean Duffy. Begin Text: President Trump has made it clear that the United States will not accept any international environmental agreement that unduly or unfairly burdens the United States or harms the interests...

The Senate confirmed Paul Dabbar as the Deputy Secretary of the U.S. Department of Commerce in 56-40 vote. In this role, he will serve as the Department’s Chief Operating Officer (COO), overseeing its day-to-day management, a $11.4 billion annual budget, 12 operating units, and 47,000 employees. He is also a member of the President’s Management Council. Most recently, Mr. Dabbar was President and...

Today, the Department of Commerce announced that Micron Technology, Inc., the leading American semiconductor memory company, plans to invest $200 billion in semiconductor manufacturing and R&D to dramatically expand American memory chip production. This announcement is part of the Trump Administration’s push to restore America’s manufacturing strength, advance America’s role as a technology leader...