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Export and investment promotion

Exports and foreign direct investment (FDI) are proven job generators. Exported goods and services supported 10.7 million well-paying U.S. jobs in 2016. In 2015, majority-owned U.S. affiliates of foreign companies directly employed 6.8 million Americans.

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Remarks by Commerce Secretary Wilbur L. Ross at the Launch of the U.S.-Kuwait Business Council

Speeches
Thank you, Khush, for that kind introduction — and for the opportunity to be with you and your members for the launch of the new U.S.-Kuwait Business Council. It’s also my pleasure to be here with Ambassador Al Sabah. The two of us met shortly after I started my tenure as the Commerce Secretary, and we have worked together many times since. I had the honor of attending the U.S. - Kuwait Economic...

Secretary of Commerce Travels to the United Kingdom, Asia, and Australia to Advocate for American Workers

Press releases
Following the United Nations General Assembly, U.S. Secretary of Commerce Wilbur Ross spent two weeks travelling to the United Kingdom, India, Singapore, and Australia to advocate for American workers and businesses, as well as to build upon the United States’ robust relationships with these nations. “Across the world, the Trump Administration is building better commercial partnerships with dozens...

Remarks By Secretary Wilbur Ross at the AMCHAM Business Lunch in Sydney, Australia

Speeches
Thank you, April, for that kind introduction, and thank you for your efforts to strengthen and expand the U.S.- Australian commercial partnership. It is my pleasure to be here. After having been in London, New Delhi, and Singapore over the past week, I’m feeling a bit like Mad Max! But we know that Mad Max always prevails; and the original is still the most profitable film of all time. I just...

Remarks By Secretary Wilbur Ross at the Federalist Society

Speeches
Thank you, Dean, for that kind introduction. And for the opportunity to discuss the Trump Administration’s trade policy and how it fits into our long-term goals for the country. The Federalist Society has always advocated for informed debate and a commitment to our constitutional government. The overall goal of our administration fits perfectly within the Federalists’ Charter. Only by maintaining...

Secretary of Commerce Wilbur Ross Reaffirms Excellent Bilateral Ties

Blog
Secretary Ross called on Singapore Prime Minister Lee Hsien Loong on October 7, 2019 during his visit to Singapore. Secretary Ross and Prime Minister Lee reaffirmed the excellent state of bilateral relations, underpinned by our strong defense and economic ties. Secretary Ross emphasized the United States’ continued engagement in the region. Secretary Ross also met with Minister for Trade and...

Op-Ed by Commerce Secretary Wilbur L. Ross: The Trump Administration is Delivering U.S. Wins on Trade

Op-eds
As leaders of the world met last week at the United Nations General Assembly in New York, trade was an important topic of discussion. Unlike in past years, when the status quo ate away at the wealth of the United States and at the strength of its workforce, this year’s meeting featured a sea change in the world trade system. Thanks to President Donald J. Trump, the United States is no longer...

Remarks by Commerce Secretary Wilbur L. Ross at the U.S.-Africa Leadership Forum: Strengthening the Future of U.S.-Africa Trade and Investment

Speeches
Thank you, Farid, for that kind introduction, and congratulations to General Electric for celebrating its 120th year of working in Africa. Thank you, also, to the Corporate Council on Africa and the Chamber of Commerce’s U.S.-Africa Business Center for inviting me here this morning. It is my pleasure to be with such a distinguished group: President al-Sisi, President Issoufou, President Akufo-Addo...

Business Incentives Continue to Play a Key Role in U.S. FDI Leadership

Blog
The following is a cross-post from Tradeology , the official blog of the International Trade Administration (ITA) Global companies are drawn to the United States for many reasons: a highly productive and educated workforce, low-cost supply of energy, direct access to the world’s most robust capital markets, and much more . But how much of our nation’s continued success in this arena should be...

Remarks By Secretary Wilbur Ross at the U.S. Investment Advisory Council Meeting

Speeches
Thank you, Gil, for that kind introduction. It is my pleasure to welcome this group to the first meeting of the newly re-constituted Investment Advisory Council. I hope this morning’s session has been successful. Thank you all for volunteering for this assignment. Your civic engagement is extremely important to the future of our economy. Thank you also to Steven Meyers, and David Wheel, and...

Remarks by Deputy Secretary of Commerce Karen Dunn Kelley at the Manufacturing Extension Partnership Summit

Speeches
Thank you, Walt, for that kind introduction, and thank you all for joining us today. This year’s summit theme is The United State of Manufacturing, and I particularly like this theme for two distinct reasons. First, it’s a description of this room: manufacturing leaders from every corner of our nation representing a wide variety of industries and 14 of our world-class universities. Second, the...