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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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U.S. Secretary of Commerce Concludes Successful 2019

Press releases
Throughout 2019, under the leadership of Secretary of Commerce Wilbur Ross, the U.S. Department of Commerce and thousands of its employees worked together to maintain the safety of American citizens, fuel the continuing economic revival, and produce new data products while preparing for the 2020 Decennial Census. “During the past year, the work of the Department has proven to be essential to...

Statement from U.S. Secretary of Commerce Wilbur Ross on the Passage of USMCA by U.S. House of the Representatives

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross issued the following statement upon the passage of the United States-Mexico-Canada Agreement by the House of Representatives: “President Donald J. Trump has fulfilled his promise to secure a strong and fair trade agreement. The USMCA will fuel America’s continuing economic prosperity, create 176,000 new domestic jobs across several American industry...

Remarks by Secretary of Commerce Wilbur Ross at the U.S.-Japan Roundtable Washington Conference

Speeches
Thank you, Ambassador Morningstar for recognizing the need to create the Global Energy Center. We are all beneficiaries of all your hard work in promoting the great partnership that exists between the United States and Japan. Thank you also to our colleagues from the Ministry of Economy, Trade, and Industry for being here from Japan. We greatly appreciate METI’s support for this, the 12th Annual U...

Top 5 Commerce Blogs of 2019

Blog
This past year, the Commerce Department and its diverse bureaus and agencies were active in promoting job creation and economic growth, ensuring fair and reciprocal trade, leveling the playing field for American workers, and providing critical economic data to policymakers and the public. To close out the year, we have put together a list of our top blogs for 2019. This past year, our readers top...

Statement from U.S. Secretary of Commerce Wilbur Ross on USMCA Developments

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross issued the following statement upon the announcement of a deal between the White House and House of Representatives on the United States-Mexico-Canada Agreement: “Thanks to the steadfast leadership of the President, passage of the USMCA continues to gain momentum, as leaders from Canada, Mexico, and our own congressional members have all now voiced...

Joint Communique from the U.S.-Brazil CEO Forum

Press releases
The 10th meeting of the U.S.-Brazil CEO Forum was held today in Washington, D.C., with CEO members providing joint recommendations to both governments on how to strengthen the U.S.-Brazil commercial relationship and grow bilateral trade and investment. The U.S.-Brazil CEO Forum is currently comprised of 20 CEOs of companies based in the United States and Brazil and is co-chaired on the government...

Secretary of Commerce Wilbur Ross Leads Business Executives Across the Indo-Pacific

Press releases
In support of the goal of President Donald J. Trump to increase American commercial activity across nations in the Indo-Pacific region, U.S. Secretary of Commerce Wilbur Ross led a business delegation including of 16 companies to Thailand, Indonesia, and Vietnam from November 3 to November 8. This mission spawned new partnerships as well as several business agreements, potentially representing...

America Welcomes the World’s Business: Registration Now Open for the 2020 SelectUSA Investment Summit

Blog
America is where the world does business. It is not difficult to see why: companies expanding here will find a culture of innovation, dedication to hard work, and a high quality of life. From its inception. it has been the job of SelectUSA to encourage companies to benefit from these unmatched and unparalleled advantages the U.S. has to offer. More formally put, the mission of SelectUSA is to...

Remarks by Secretary of Commerce Wilbur Ross at the Vietnam CEO Luncheon in Hanoi, Vietnam

Speeches
It is my pleasure to be here in Hanoi with all of you, and to be leading a delegation of American companies as we forge stronger commercial ties between our two nations. Thank you to the Vietnam Chamber of Commerce and Industry, and the BRG Group for hosting today’s luncheon. A special thank you to Dr. Vu Tien Loc, Chairman of VCCI; and Madam Nguyen Thi Nga, Chairwoman of BRG Group. I had a great...

Remarks by Commerce Secretary Wilbur L. Ross at the Indo-Pacific Business Development Mission

Speeches
Thank you for that warm welcome. And a special thank you to the Thailand Ministry of Foreign Affairs and the entire Thai Government for hosting us here in Bangkok. You should be extremely proud of the job you have done executing multiple high-level summits at once. And congratulations to Thailand for its successful chairmanship of ASEAN this year, and to rising in the World Bank “Ease of Doing...