Today, Commerce Secretary Gina M. Raimondo met with Singapore’s Minister for Trade and Industry Gan Kim Yong and Minister for Communications and Information Josephine Teo, who are visiting the United States as part of Prime Minister Lee Hsien Loong’s delegation. During their meeting, Secretary Raimondo and the delegation’s members discussed joint coordination efforts on the Indo-Pacific Economic...

The Memorandum of Understanding implementing the PGI was signed by Singapore’s Minister for Trade and Industry Gan Kim Yong and U.S. Secretary of Commerce Gina Raimondo in October 2021. The PGI is a bilateral economic cooperation platform designed to secure inclusive growth for our economies and regions by strengthening U.S.-Singapore collaborations in new and forward-looking areas. Under the PGI...

Today, Secretary of Commerce Gina Raimondo released the following statement following the Senate’s vote to move the Bipartisan Innovation Act one step closer to a conference committee. “Today, the Senate moved our nation one step closer toward revitalizing American semiconductor manufacturing, securing our critical supply chains and bringing home good-quality manufacturing jobs. Each day we delay...

Budget Supports Department of Commerce’s Investments in Supporting Economic Growth and Making Communities More Climate Resilient The Biden-Harris Administration today submitted to Congress the President’s Budget for fiscal year 2023. The President’s 2023 Budget for the Department of Commerce makes historic investments to strengthen domestic supply chains through domestic manufacturing, help...

Thank you for that introduction, Dr. Spinrad, and for your incredible leadership at NOAA. And thank you to the NOAA team for organizing this listening session, and to all of you for participating. I’m excited to join you. According to data from NOAA, the United States experienced 20 separate billion-dollar disasters in 2021, with damages totaling $145 billion. These events are becoming more...

Secretary Gina M. Raimondo has issued the following statement regarding the announcement today by President Biden and European Commission President Von der Leyen on the Trans-Atlantic Data Privacy Framework between both governments: “Today’s Trans-Atlantic Data Privacy Framework announcement between the United States and the European Union reflects our shared recognition of the importance of...

Following United States Secretary of Commerce Gina M. Raimondo and United States Trade Representative Katherine C. Tai’s announcement of a new 232 tariff agreement with the United Kingdom, American businesses and industry and labor groups are applauding the deal, which will allow historically-based sustainable volumes of U.K. steel and aluminum products to enter the U.S. market without the...

Today, Commerce Secretary Gina M. Raimondo met with Ukraine’s Ambassador to the United States Oksana Markarova to discuss the Department’s role in the export controls placed on Russia by the United States government and a broad coalition of partner-countries. The Secretary and Ambassador Markarova also discussed ways in which the Department of Commerce can continue to support the extraordinary...