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.

SelectUSA Investment Summit registration is now open!

Related Content

Spotlight on Commerce: Diane Farrell, Acting Deputy Under Secretary for International Trade, International Trade Administration (ITA)

As Acting Deputy Under Secretary for International Trade, I manage the daily operations of the International Trade Administration, comprised of 2,200 colleagues: 200 plus based in Washington, D.C., more than 100 located in offices across the United States, and the remaining located in 70 offices around the world. If there is one thing I have experienced throughout my professional life, an open...

Opening Statement by Secretary Wilbur L. Ross in Support of the Department of Commerce’s Fiscal Year 2021 Budget Request

Chairman Moran, Ranking Member Shaheen, and members of the Senate Appropriations Subcommittee, thank you for this opportunity to discuss President Trump’s Fiscal Year 2021 Budget Request for the U.S. Department of Commerce. It is a privilege to appear before you today. We are committed to working with you to grow the U.S. economy, defend our industries from unfair foreign competition, and protect...

Statement by U.S. Commerce Secretary Wilbur Ross on Visit to Pakistan

Press releases
As President Trump said this week, “Our relationship with Pakistan is a very good one.” The United States is Pakistan’s largest export destination. U.S. companies have a long history of doing business in Pakistan, contributing to its economic development and providing high-value jobs. The work Pakistan has begun to do to fight terrorism and promote security is affording the United States and...

Acting Under Secretary of Commerce for International Trade Leads U.S. Delegation to Africa to Promote Prosper Africa Initiative

Acting Under Secretary of Commerce for International Trade Joe Semsar led a U.S. Government delegation to Tunis, Tunisia for the first-ever Prosper Africa Business-to-Business Summit, which attracted more than 1,000 people, 50 U.S. companies, and representatives from more than 30 African countries. The U.S. Government delegation underscored the Trump administration’s commitment to our African...

Remarks by Secretary of Commerce Wilbur Ross at Oxford Union in Oxford, England

Introduced by Oxford Union President Sara Dube It is my honor to discuss the Trump economic policy as it relates to the global economy. We are incorrectly blamed for global economic problems. From the late 1980s through the early 2000s, global merchandise export growth was usually double that of world GDP growth. But during four of the past five years, goods trade growth lagged global GDP growth...

Statement of Secretary of Commerce Wilbur Ross on President Donald J. Trump's State of the Union Address

Press releases
Because of President Trump’s leadership, we are experiencing a comeback like never before. Our great nation is strong again and Americans who need it the most are experiencing an incredible Blue Collar Boom. From renegotiating trade deals that work for Americans to a jobs agenda that has led to the lowest unemployment rate in half a century, the American Dream is being restored for millions of...

Remarks by Commerce Secretary Wilbur L. Ross at the Signing Ceremony for the MOU on Technical and Strategic Collaboration Between the USPTO and the Mexican Institute of Industrial Property

It is my privilege and honor to be here in beautiful Mexico City to witness the signing of this historic MOU between the U.S. Patent and Trademark Office and Mexican Institute of Industrial Property. Congratulations to everyone who negotiated this agreement. It took vision, dedication, and hard work to get to this point, and you should be extremely proud of this final product. It will strengthen...

Secretary of Commerce Leads U.S. Delegation to Guatemala

Press releases
From January 13th to the 14th, U.S. Secretary of Commerce Wilbur Ross led a Presidential delegation to attend Guatemalan President Alejandro Giammattei’s inauguration and congratulate the Guatemalan people on a successful democratic transition of power. The delegation underscored the United States’ commitment to development and prosperity across the country and intends to sign a Memorandum of...

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...