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Trade Deficit with Mexico and Japan Continues to Grow at Unsustainable Rate

Press releases
The trade deficit with Mexico and Japan was found to be growing at an alarming rate following the release of March 2017 U.S. International Trade in Goods and Services monthly data by the Department of Commerce. The trade deficit increased by $363 million with Mexico and by $1.6 billion with Japan from February to March of this year. “The United States can no longer sustain this inflated trade...

Recognizing the Hard Work and Life-Saving Sacrifices of Our Nation's Firefighters and First Responders

Blog
The following is a cross-post from the First Responder Network Authority (FirstNet) blog May is an ideal time to thank our nation’s first responders. There are several events this month dedicated to recognizing the hard work and life-saving sacrifices our fire service personnel, law enforcement and emergency medical technicians do every day. May 4th marks the annual International Firefighters Day...

Readout from a Commerce Spokesperson on Secretary Ross' and Secretary Mnuchin’s joint call with China Vice Premier Wang Yang

Press releases
Earlier today, U.S. Commerce Secretary Wilbur Ross and U.S. Treasury Secretary Steven T. Mnuchin held a phone conversation with Vice Premier Wang Yang of China. Commerce Secretary Ross, Treasury Secretary Mnuchin and Vice Premier Wang discussed bilateral issues related to the U.S.-China Comprehensive Dialogue and the overall economic and trade relationship between the two countries.

Small and Medium-Sized Enterprises Reaching New Markets

Blog
The following is a cross-post from Tradeology, the official blog of the International Trade Administration By Natalie Soroka, Economist, International Trade Administration, Office of Trade and Economic Analysis As we kick off Small Business Week , the Census Bureau released its “ Profile of U.S. Importing and Exporting Companies, 2014-2015. ” A joint project of the Census Bureau and International...

U.S. Department of Commerce Will Resume the Collection of Duties on Mexican Sugar if Negotiations Fail

Press releases
Today, after negotiations reached an impasse, the Department of Commerce formally notified the Government of Mexico its intention to resume the collection of antidumping and countervailing duties on sugar imports on June 5, 2017, unless an agreement is reached. “While I regret that such measures were needed, it is my hope that Mexico and the United States can reach a fair agreement before June,”...

U.S. Census Bureau Releases Key Statistics in Honor of Asian-American and Pacific Islander Heritage Month

Blog
Today marks the beginning of Asian-American and Pacific Islander Month. In 1978, a joint congressional resolution established Asian/Pacific American Heritage Week. The first 10 days of May were chosen to coincide with two important milestones in Asian/Pacific American history: the arrival in the United States of the first Japanese immigrants (May 7, 1843) and contributions of Chinese workers to...

Statement of U.S. Secretary of Commerce Wilbur Ross on Recent Threats by Canadian Officials

Press releases
"The Department of Commerce's recent preliminary decision to impose tariffs on Canadian softwood lumber was based on the facts presented, not on political considerations. If any Canadian or British Columbian official wishes to present additional information, we will consider it carefully and impartially. Threats of retaliatory action are inappropriate and will not influence any final...

Statement from U.S. Secretary of Commerce Wilbur Ross on the GDP Growth in the First Quarter of 2017

Press releases
U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the real gross domestic product (GDP) quarterly growth by the Department of Commerce. In the first quarter of 2017, the GDP increased 0.7 percent, according to the advance estimate released. Since the first quarter of 2016, the year-over-year increase in real GDP was 1.9 percent. The increase in real GDP...