U.S. Secretary of Commerce Gina Raimondo will travel to Nairobi, Kenya from April 23 to April 25. Secretary Raimondo will lead a delegation of private sector companies from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). She will highlight the U.S.-Kenya bilateral commercial and investment relationship and flourishing digital space in Kenya, and throughout Africa, that is...

The following was issued by the White House Leuven, Belgium I. Introduction The sixth ministerial meeting of the Trade and Technology Council (“TTC”) took place in Leuven, Belgium, on 4 and 5 April 2024. It was co-chaired by European Commission Executive Vice President Margrethe Vestager, European Commission Executive Vice President Valdis Dombrovskis, United States Secretary of State Antony...

The United States has been ranked as the top destination for foreign direct investment for the 12th consecutive year according to Kearney’s Global Business Policy Council’s 2024 Foreign Direct Investment (FDI) Confidence Index . The annual survey of global senior executives and investors found that the United States maintains its lead ranking for over a decade due to the growing strength of the U...

U.S. and UK AI Safety Institutes to work seamlessly with each other, partnering on research, safety evaluations, and guidance for AI safety Institutes to develop shared capabilities through information-sharing, close cooperation, and expert personnel exchanges The U.S. and UK have today signed a Memorandum of Understanding (MOU) which will see them work together to develop tests for the most...

Women make a difference in the lives of Americans every day and are a critical part of the U.S. economy. During Women’s History Month, Commerce Secretary Gina Raimondo echoed this sentiment at various events that both celebrated the vast contributions of women and stressed the importance of advancing women’s full and equal participation in building a more resilient and innovative economy. Through...

By Laurie Locascio , Under Secretary of Commerce for Standards and Technology and director of the National Institute of Standards and Technology (NIST) Growing up as a scientist, I did not see role models who looked like me. I grew up in a small town where my father was a physicist — and my role model. He nurtured me to be a scientist just like him. I am so grateful he did not have different...

Good afternoon. It’s a big day here in Arizona. It’s also a big day in Ohio, New Mexico, and Oregon. In fact, it’s a monumental day for the country because today we mark one of the largest investments ever in the history of U.S. semiconductor manufacturing. I want to begin by thanking all the hardworking people making this possible – starting with the building trades who are working hard to build...

GDP Remains Strong, Wages and Personal Income Continue to Rise Earlier today, the U.S. Labor Department’s Bureau of Labor Statistics (BLS) reported that the U.S. economy added over 275,000 jobs in February – far exceeding expectations. To date, nearly 15 million jobs have been created under President Biden and unemployment has remained under 4 percent—the longest stretch in more than 50 years....