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U.S. Department of Commerce Issues Affirmative Preliminary Determinations in the Countervailing Duty Investigations of Imports of Polyester Textured Yarn from China and India

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of polyester textured yarn from China and India, finding that exporters received countervailable subsidies ranging from 32.04 to 459.98 percent and 7.09 to 20.45 percent, respectively. Commerce will instruct U.S. Customs and Border Protection to...

GDP Increases in First Quarter

Blog
Real gross domestic product increased 3.2 percent in the first quarter of 2019, according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2018, real GDP increased 2.2 percent. GDP Highlights The increase in real GDP reflected increases in consumer spending, inventory investment, exports, government spending, and business investment that were partly...

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Glycine from India, China, and Japan

Press releases
WASHINGTON – Today, the U.S. Department of Commerce announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of glycine from India (AD and CVD), China, (CVD only), and Japan (AD only), finding that exporters from India and Japan have sold glycine at less than fair value in the United States at the following rates: India – 7...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q1 2019 GDP Growth

Press releases
WASHINGTON – Today, the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) released the first quarter 2019 Gross Domestic Product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 3.2 percent in the first quarter of 2019. “This blockbuster GDP report shows that President Donald J. Trump’s policies are unleashing the vitality of the...

U.S. Department of Commerce Initiates Antidumping Duty Investigation of Imports of Sodium Sulfate Anhydrous from Canada

Press releases
Today, the U.S. Department of Commerce announced the initiation of a new antidumping duty (AD) investigation to determine whether sodium sulfate anhydrous from Canada is being dumped in the United States. This antidumping investigation was initiated based on a petition filed by Cooper Natural Resources, Inc. (Fort Worth, TX), Elementis Global LLC (East Windsor, NJ), and Searles Valley Minerals,...

Op-Ed: Tax Day Shows Benefits of President Trump’s Tax Reform for Nation, Florida

Op-eds
This past Monday was Tax Day, perhaps the least appealing day on America’s national calendar. This year, however, President Donald Trump’s Tax Cuts and Jobs Act gave Americans something to smile about. Today, I am in the Miami area discussing tax reform and the positive impact the U.S.-Mexico-Canada Trade Agreement (USMCA) will have for Florida. As many Floridians may have noticed, the average...

Remarks by Commerce Secretary Wilbur L. Ross at the Boys and Girls Clubs of America “Great Think: Workforce Readiness” Event

Speeches
Thank you, Jim, for that kind introduction. It is my honor to be here with people like David Seaton; Carolyn Lee; Michael Bellaman; Karen Pittman; and, of course, with those who really matter most, the students who were just being quizzed so relentlessly by Jim. Jim, the Boys and Girls Clubs of America is fortunate to have such a nationwide prominent and respected person as you as its President...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the American Turkish Council (ATC)

Speeches
Thank you, General Jones, for that kind introduction. Thank you especially for your distinguished military service, and for your leadership as Chairman of the American Turkish Council. Thank you, also, to members of the Turkish-U.S. Business Council for co-sponsoring this conference. For 37 years, you have played an important role in promoting a strong bilateral relationship between our countries....