Today, U.S. Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. During the call, the two sides discussed last month’s second meeting of the U.S.-China Commercial Issues Working Group (CIWG). The Secretary noted ongoing concerns from the U.S. business community about decreasing regulatory transparency in the PRC, non-market...

The National Hurricane Center reports that Hurricane Milton is rapidly intensifying over the Gulf of Mexico as it approaches the west coast of Florida. It will be a major hurricane capable of producing life-threatening storm surges and damaging winds. Storm surge and hurricane warnings are now in effect for portions of the Florida coast, and residents should follow local officials’ advice and...

GDP and U.S. Manufacturing Remain Strong, Wages Grow Faster than Prices Earlier today, the U.S. Labor Department’s Bureau of Labor Statistics (BLS) reported that the U.S. economy added over 250,000 new jobs in September – exceeding expectations. To date, 16 million jobs have been created under the Biden-Harris Administration. In addition, the U.S. economy remains strong with an increase in real...

Since taking office, the Biden-Harris Administration has created nearly 16 million jobs, unemployment among Latinos is at a record low, and Latino entrepreneurs have started new businesses at the fastest rate in over 25 years. In honor of Hispanic Heritage Month, Secretary Raimondo and Deputy Secretary Graves participated in two events that both honored these achievements. They reiterated the...

Today, U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal convened the 6th ministerial level meeting of the U.S.-India Commercial Dialogue (Commercial Dialogue). The Secretary and the Minister took stock of the following achievements since the 5th ministerial meeting took place in March 2023 in New Delhi, India: Semiconductor Memorandum of...

Today, the United States hosted the second in-person meeting of the U.S.-India Forum co-chaired by U.S. Secretary of Commerce Gina Raimondo and Minister of Commerce and Industry of India Piyush Goyal. The U.S.-India CEO Forum is a platform that convenes leaders of the U.S. and Indian business communities to develop and provide joint recommendations to strengthen bilateral commercial ties and...

Expected Investment Builds on CHIPS for America’s Sustainability Commitments to Workers, Stakeholders, and Industry Today, the U.S. Department of Commerce issued a Notice of Intent (NOI) to announce an open competition demonstrating how AI can assist in developing new sustainable semiconductor materials and processes that meet industry needs and can be designed and adopted within five years. For...

The U.S. Department of Commerce announced today that registration is now open for the 11th SelectUSA Investment Summit to be held May 11 - 14, 2025 at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the premier event dedicated to promoting foreign direct investment (FDI) in the United States, with a focus on connecting international...