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Administration Seeks Comments from the U.S. Public by June 12 on the Renegotiation of the North American Free Trade Agreement (NAFTA)

Blog
The following is a cross-post from Tradeology, the official blog of the International Trade Administration By John Andersen, Deputy Assistant Secretary for the Western Hemisphere On May 18th, the Administration formally notified Congress of its intent to renegotiate the North American Free Trade Agreement (NAFTA). As provided by the Bipartisan Congressional Trade Priorities and Accountability Act...

Statement from U.S. Secretary of Commerce Wilbur Ross on the Resignation of Michelle Lee as Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office

Press releases
“We thank Michelle Lee for her service to her country and to the Department of Commerce. As the first woman in our country’s history to serve as Director of the United States Patent and Trademark Office, Michelle has worked tirelessly to serve our stakeholders and the American public. We wish her well in her next endeavor.”

U.S. and Mexico Strike Deal on Sugar to Protect U.S. Growers and Refiners, Ensure Supply to Consumers

Press releases
Today U.S. Secretary of Commerce Wilbur Ross and Mexican Secretary of Economy Ildefonso Guajardo announced new agreement in principal to suspend antidumping and countervailing duties against Mexican sugar imports into the United States. “We have gotten the Mexican side to agree to nearly every request made by U.S. industry to address flaws in the current system and ensure fair treatment of...

U.S. Secretary of Commerce Wilbur Ross Extends Deadline for Sugar Negotiations

Press releases
Today, Secretary Wilbur Ross announced that the Department of Commerce is extending the deadline for sugar negotiations with Mexico by 24 hours to allow the two sides to complete final technical consultations. “The two sides have come together in quite meaningful ways, but there remain a few technical details to work out,” said Secretary Ross. “We are quite optimistic that our two nations are on...

Trade with China Continues Trend While Comprehensive Economic Dialogue Hopes to Balance Deficits

Press releases
The trade deficit in goods with China ballooned by 13.8 percent year-over-year while the overall trade deficit increased by 5 percent since March as imports increased slightly and exports declined following the release of the April 2017 International Trade in Goods and Services monthly data by the Department of Commerce. “While the overall trade deficit continues to grow, it is too soon for the...

Statement from U.S. Secretary of Commerce Wilbur Ross on Withdrawal from the Paris Climate Agreement

Press releases
Today, President Trump took one more important step towards restoring the primacy of American workers and American businesses by unshackling them from the terrible deal that is the Paris Climate Accord. That deal imposes little responsibility on the world’s largest emitters, while costing the U.S. economy three trillion dollars in reduced output, six million industrial jobs, and three million...

The U.S. Government Pavilion at the SelectUSA Investment Summit – Federal Investment Resources at Your Fingertips

Blog
The following is a cross-post from Tradeology, the official blog of the International Trade Administration (ITA) By Andrew Owusu, Intern, SelectUSA The 2017 SelectUSA Investment Summit provides a platform to communicate economic priorities and affirm the United States as the number one destination in the world for foreign direct investment. Looking for U.S. economic data and analysis? The U.S....

U.S. Secretary of Commerce Wilbur Ross and Vietnamese Prime Minister Phuc Recognize Over $8 Billion in New U.S.-Vietnamese Business Deals; Discuss Bilateral Trade

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross met with Vietnamese Prime Minister Nguyen Xuan Phuc to discuss the deepening economic relationship between the United States and Vietnam. The leaders also attended a ceremony to recognize 13 new business deals worth more than $8 billion. “President Trump is prioritizing engagement with Vietnam, an important trading partner of the United States,”...