KUALA LUMPUR, Malaysia —The U.S. Department of Commerce and the Office of the United States Trade Representative (USTR) participated in the sixth in-person negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF) in Kuala Lumpur, Malaysia from October 15-24, 2023. The U.S. delegation was co-led by Sharon H. Yuan, U.S. Department of Commerce Counselor and IPEF Pillars II-IV...

Hello everyone! I’m honored to join you all here at MED Week. I’m particularly pleased to welcome not only our federal partners, members of the Department of Commerce family, and our minority businesses to this gathering, but also our friends from the National Minority Supplier Development Council, who have teamed up with MBDA for the first time this year to commemorate this historic milestone for...

Today, President Biden awarded the National Medal of Science and the National Medal of Technology and Innovation to a number of Americans who have made exemplary achievements in science, technology, and innovation to strengthen our nation’s well-being. The National Medal of Science is the nation’s highest scientific honor. Established by Congress in 1959 and administered by the U.S. National...

Bidenomics and the President’s Investing in America Agenda are Positioning Regions Across the Country to Lead the Industries of the Future Today, President Biden and Secretary of Commerce Gina Raimondo will announce the designation of 31 communities across the country as Regional Innovation and Technology Hubs (Tech Hubs) through the Department of Commerce Economic Development Administration...

As part of the President’s Investing in America agenda, the U.S. Department of Commerce identified regional centers primed for technological innovation and job creatio n. The Biden-Harris administration, through the U.S. Department of Commerce’s Economic Development Administration (EDA), today announced the designation of 31 Tech Hubs in regions across the country. This is the first phase of the...

Hello everyone! It’s so great to be here today, joining this distinguished group of leaders and innovators. I want to thank Meridian International Center for hosting this important event, and for their longstanding commitment to advancing global cooperation and understanding. As we speak, we are facing unprecedented global challenges. The COVID-19 pandemic exposed the vulnerabilities in our global...

Commerce Secretary Gina Raimondo recently announced restrictions on exporting artificial intelligence and advanced computer chips that violate international trade rules, impose risks on our nation’s cybersecurity, and seriously threaten the stability of industrial supply chains. Imposed and enforced by Commerce’s Bureau of Industry and Security (BIS) , these export controls are fundamental to...

Today, the U.S. Department of Commerce announced the official launch of the U.S.-Tanzania Commercial Dialogue after both U.S. Secretary of Commerce Gina Raimondo and Tanzania’s Minister of Industry and Trade, Dr. Ashatu Kijaji, signed a Memorandum of Cooperation. The launch of the U.S.-Tanzania Commercial Dialogue is the most recent example of actions the U.S. Department of Commerce is taking to...