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Personal Income Rises in July

Blog
The following is a cross-post from the Bureau of Economic Analysis Blog Personal income increased 0.3 percent in July after increasing 0.4 percent in June. Wages and salaries, the largest component of personal income,increased 0.4 percent in July, the same increase as in June. Current-dollar disposable personal income (DPI) , after-tax income, increased 0.3 percent in July after increasing 0.4...

President Trump Signs Proclamation Allowing Steel and Aluminum Product Exclusions for Quota Countries

Press releases
Today, President Donald J. Trump signed a proclamation allowing Secretary of Commerce Wilbur Ross to provide targeted relief from quotas imposed under Section 232 on steel from South Korea, Argentina, and Brazil, and aluminum from Argentina. “President Trump has once again shown his commitment to American workers and businesses, protecting our national security from the threat posed by steel and...

U.S. Department of Commerce Initiates Antidumping Duty and Countervailing Duty Investigations on Certain Steel Wheels 12 to 16.5 Inches in Diameter from China

Press releases
Today, the U.S. Department of Commerce announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine whether certain steel wheels 12 to 16.5 inches in diameter from China are being dumped in the United States and to determine if producers in China are receiving unfair subsidies. These investigations were initiated based on petitions filed by...

U.S. Secretary of Commerce Wilbur Ross Meets with President of Kenya, Uhuru Kenyatta, Announces Over $850 Million in U.S.-Kenya Commercial Deals and Engagements

Press releases
On August 27, 2018, U.S. Secretary of Commerce Wilbur Ross, along with four other senior U.S. Government officials and 30 U.S. business executives, met with Kenyan President Uhuru Kenyatta and announced over $850 million in public and private commercial deals and engagements. For details, please see the U.S.-Kenya Commercial Announcements Fact Sheet . The meeting was hosted by the Business Council...

GDP Increases in Second Quarter

Blog
The following is a cross-post from the Bureau of Economic Analysis Blog Real gross domestic product (GDP) increased 4.2 percent in the second quarter of 2018, according to the “second” estimate released by the Bureau of Economic Analysis. The growth rate was 0.1 percentage point more than the “advance” estimate released in July. In the first quarter, real GDP increased 2.2 percent. GDP highlights...

U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination on Glycine from China and India, Negative Preliminary Countervailing Duty Determination on Glycine from Thailand

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of glycine from China and India, and the negative preliminary determination in the CVD investigation of imports of glycine from Thailand. The Department of Commerce found that exporters received countervailable subsidies ranging from: China – 144.01...

U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination of Imports of Certain Steel Wheels from China

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determination in the countervailing duty (CVD) investigation of imports of certain steel wheels from China, finding that exporters received countervailable subsidies ranging from 58.75 to 172.51 percent. As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection to collect cash deposits...

U.S. Department of Commerce Issues Affirmative Preliminary Antidumping Duty Determination on Cast Iron Soil Pipe from China

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determination in the antidumping duty (AD) investigation of imports of cast iron soil pipe from China, finding that exporters have been dumping cast iron soil pipe in the United States at margins of 302.61 percent. As a result of today’s decision, Commerce will instruct U.S. Customs and Border Protection to collect cash...