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Fact sheets

Two Years of Indo-Pacific Strategic Results: Strengthening Indo-Pacific Commerce for a Prosperous Future

Fact sheets
Under the Biden-Harris Administration’s Indo-Pacific Strategy, launched on February 11, 2022, the United States Department of Commerce has worked collaboratively with allies and partners to build an Indo-Pacific region that is free and open, connected, prosperous, secure, and resilient. Home to more than one-half of the world’s people and nearly two-thirds of the world’s economy, the Indo-Pacific...

FACT SHEET: Biden-⁠Harris Administration Announces Over $5 Billion from the CHIPS and Science Act for Research, Development, and Workforce

Fact sheets
The Administration expects to invest billions in the National Semiconductor Technology Center (NSTC), now established as a public-private consortium, and other CHIPS Research and Development (R&D) priorities Today, the Biden-Harris Administration announced it expects to invest over $5 billion in semiconductor-related research, development, and workforce needs, including in the National...

Business Diversity Principles Initiative

Fact sheets
Download the Business Diversity Principles Fact Sheet (PDF) The Department of Commerce is developing the Business Diversity Principles (BDP) Initiative as part of its 2022-2026 Strategic Plan goal of promoting inclusive capitalism and equitable economic growth for all Americans. The BDP Initiative aims to foster a more equitable economic landscape by encouraging businesses to learn from each other...

FACT SHEET: Biden-⁠Harris Administration Announces 31 Regional Tech Hubs to Spur American Innovation, Strengthen Manufacturing, and Create Good-Paying Jobs in Every Region of the Country

Fact sheets
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...

Joint Statement on the Launch of the North American Semiconductor Conference and North American Ministerial Committee on Economic Competitiveness

Fact sheets
The United States, Mexico, and Canada fulfilled key commitments made by President Joseph Biden, President Andrés Manuel López Obrador, and Prime Minister Justin Trudeau at the North American Leaders’ Summit in Mexico City on January 9-10 to deepen our economic cooperation, create the quality jobs of the future, promote investment, spur innovation, and strengthen the resilience of our economies...

Fact Sheet: Investing in America: Biden-Harris Administration Boosts Manufacturing Ahead of Historic Internet Infrastructure Investment

Fact sheets
The Biden-Harris Administration is investing a historic $65 billion to bring affordable, reliable high-speed Internet service to everyone in America. But this Internet for All initiative is not just going to get Americans online — it's going to create good-paying manufacturing jobs and revitalize the domestic broadband manufacturing industry. As President Biden said in his State of the Union...

Fact Sheet: U.S.-EU Trade and Technology Council (TTC) Talent for Growth Task Force Introduction

Fact sheets
To ensure inclusive economic growth that benefits our people and to maintain our collective leadership in existing and emerging technologies, the TTC will announce the establishment of the Talent for Growth Task Force at its meeting on December 5. The U.S.-EU TTC is committed to collaborating to build middle-income careers for millions of workers in both the U.S. and EU. The U.S. and EU share the...

FACT SHEET: U.S.-EU Trade and Technology Council Advances Concrete Action on Transatlantic Cooperation

Fact sheets
The U.S.-EU Trade and Technology Council (TTC) held its third ministerial meeting on December 5 at the University of Maryland in College Park. Secretary of State Antony J. Blinken, Secretary of Commerce Gina Raimondo, and United States Trade Representative Katherine Tai co-chaired the meeting with European Commission Executive Vice Presidents Margrethe Vestager and Valdis Dombrovskis to discuss...