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U.S. Department of Commerce Issues Affirmative Preliminary Antidumping Duty Determination on Steel Wheels 12 to 16.5 Inches in Diameter from China

Press releases
Today, the U.S. Department of Commerce announced the affirmative preliminary determination in the antidumping duty (AD) investigation of imports of steel wheels 12 to 16.5 inches in diameter from China, finding that exporters from China have been dumping certain steel wheels in the United States at margins ranging from 38.27 to 44.35 percent. As a result of today’s decision, Commerce will instruct...

Tax Cuts and Jobs Act Creates Opportunity Zones to Spur Investment in Underserved Areas

Blog
The following is a cross-post from the U.S. Minority Business Development Agency (MBDA) Opportunity Zones are a tool created by the Tax Cuts and Jobs Act of 2017 to spur investment on underserved areas. They offer investors a tax incentive by investing their unrealized capital gains into a designated “Opportunity Fund.” Did you know that there are $2.3 trillion of unrealized capital gains in the...

The Tax Cuts and Job Act: New Low Taxes and New Investments to Distressed Communities

Blog
Today marks the first Tax Day under the new President Trump Tax Code, this massive tax cut benefits everyday working families and supports American businesses. In 2018, Americans started benefiting from the President’s Tax Cuts and Jobs Act as their take-home pay increased due to a lower tax burden and companies large and small passed the benefits of the business tax cuts on to their employees in...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at the U.S.-Mexico CEO Dialogue Leadership Dinner

Speeches
Thank you, Fernando, for that kind introduction. Thank you to, Governor of the State of Yucatán Mauricio Vila Dosal for hosting this dinner. And thank you, too to the Mexico Business Coordinating Council and the U.S. Chamber of Commerce for organizing this CEO Dialogue and Business Summit. I am delighted to be here with so many of my colleagues from the U.S. Departments of Energy and State, the...

Commerce Secretary Wilbur Ross Presents Five Organizations with Malcolm Baldrige National Quality Award

Blog
The following is a cross-post from the National Institute of Standards and Technology (NIST) Noting that this year's winners “are held in highest esteem in your communities and, now, in our nation," U.S. Secretary of Commerce Wilbur Ross presented five U.S. organizations on April 7, 2019, with the Malcolm Baldrige National Quality Award, the nation's only presidential award for performance...

Remarks by U.S. Commerce Secretary Wilbur L. Ross at 35th National Space Symposium

Speeches
Good morning, and thank you, Tom, for that kind introduction. It is an honor to share the stage with so many luminaries of the U.S. space industry, and especially with Acting Secretary of Defense Shanahan. Thank you for those remarks. Our being here is a clear demonstration of the focus the Trump Administration places on one of our nation’s most prominent and important industries. The individuals,...

Remarks by Commerce Secretary Wilbur L. Ross at the Baldrige National Quality Award Ceremony

Speeches
Thank you, Dr. Benson, for that kind introduction. It’s great to be here again with the Baldrige community. Yesterday, the United States lost an important and venerable national figure who helped shape the program we are celebrating today. Sen. Fritz Hollings from South Carolina was an instrumental force behind the success of NIST, and he was a good friend of many of the old-timers in this room....

U.S. Department of Commerce Finds Dumping and Countervailable Subsidization of Imports of Laminated Woven Sacks from Vietnam

Press releases
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 laminated woven sacks from Vietnam, finding that exporters from Vietnam have sold laminated woven sacks at less than fair value in the United States at rates ranging from 109.46 to 292.61 percent. Commerce also determined that...