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The Tax Cuts and Job Act: New Low Taxes and New Investments to Distressed Communities

Blog
Today marks the first Tax Day under the new President Trump Tax Code, this massive tax cut benefits everyday working families and supports American businesses. In 2018, Americans started benefiting from the President’s Tax Cuts and Jobs Act as their take-home pay increased due to a lower tax burden and companies large and small passed the benefits of the business tax cuts on to their employees in...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the U.S.-Mexico CEO Dialogue Leadership Dinner

Speeches
Thank you, Fernando, for that kind introduction. Thank you to, Governor of the State of Yucatán Mauricio Vila Dosal for hosting this dinner. And thank you, too to the Mexico Business Coordinating Council and the U.S. Chamber of Commerce for organizing this CEO Dialogue and Business Summit. I am delighted to be here with so many of my colleagues from the U.S. Departments of Energy and State, the...

Commerce Secretary Wilbur Ross Presents Five Organizations with Malcolm Baldrige National Quality Award

Blog
The following is a cross-post from the National Institute of Standards and Technology (NIST) Noting that this year's winners “are held in highest esteem in your communities and, now, in our nation," U.S. Secretary of Commerce Wilbur Ross presented five U.S. organizations on April 7, 2019, with the Malcolm Baldrige National Quality Award, the nation's only presidential award for performance...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at 35th National Space Symposium

Speeches
Good morning, and thank you, Tom, for that kind introduction. It is an honor to share the stage with so many luminaries of the U.S. space industry, and especially with Acting Secretary of Defense Shanahan. Thank you for those remarks. Our being here is a clear demonstration of the focus the Trump Administration places on one of our nation’s most prominent and important industries. The individuals,...

Remarks by Commerce Secretary Wilbur L. Ross at the Baldrige National Quality Award Ceremony

Speeches
Thank you, Dr. Benson, for that kind introduction. It’s great to be here again with the Baldrige community. Yesterday, the United States lost an important and venerable national figure who helped shape the program we are celebrating today. Sen. Fritz Hollings from South Carolina was an instrumental force behind the success of NIST, and he was a good friend of many of the old-timers in this room....

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Laminated Woven Sacks from Vietnam

Press releases
Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of laminated woven sacks from Vietnam, finding that exporters from Vietnam have sold laminated woven sacks at less than fair value in the United States at rates ranging from 109.46 to 292.61 percent. Commerce also determined that...

Secretary Ross Addresses White House Opportunity and Revitalization Council

Blog
U.S. Secretary of Commerce Wilbur Ross participated in this week’s White House Opportunity and Revitalization Council meeting hosted by President Donald Trump. During the council meeting, Secretary Ross highlighted the innovative steps taken by the U.S. Department of Commerce to encourage private investment in Opportunity Zones. He shared how the Economic Development Administration and Minority...

Department of Commerce Bureau Leaders Offer to Testify at House Appropriations Hearing on FY 2020 Budget

Press releases
WASHINGTON – The Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies yesterday invited 10 experts from the U.S. Department of Commerce to testify on the President’s FY 2020 budget. The panel responded to two hours of questioning before the Senate by both majority and minority members. The Department of Commerce also made those same Department officials available...