This Latest Action Expands and Enhances Global Coalition Standing with the Ukrainian People Against Russian Aggression Today, the U.S. Commerce Department, through the Bureau of Industry and Security (BIS), is issuing a rule that formally adds the nations of Iceland, Liechtenstein, Norway, and Switzerland to the growing global coalition of nations that are cooperating in our stand against Russian...

Today, Commerce Secretary Gina M. Raimondo released the following statement following Senate Majority Leader Chuck Schumer and Minority Leader Mitch McConnell’s announcement of expected Senate conferees to the Bipartisan Innovation Act conference committee. “It’s not every day that Democrats, Republicans, industry, and labor all agree on the need to pass a piece of legislation. It’s time to take...

Today, Commerce Secretary Gina M. Raimondo released the following statement following House Speaker Nancy Pelosi’s appointment of House conferees to the Bipartisan Innovation Act conference committee. “With demand for chips at an all-time high, it’s crucial that we bring chip production - and it’s good-quality manufacturing jobs - back home to the United States,” Secretary Raimondo said. “This is...

Today, Bureau of Industry and Security (BIS) Assistant Secretary for Export Enforcement Matthew S. Axelrod issued orders denying the export privileges of three Russian Airlines – Aeroflot, Azur Air, and UTair – due to ongoing export violations related to comprehensive export controls on Russia imposed by the Commerce Department. These three Temporary Denial Orders (TDOs) terminate the right of...

Today, Secretary Raimondo and other administration officials briefed bipartisan members of Congress on the economic and national security vulnerability presented by a lack of domestic semiconductor production. Raimondo’s briefing was based on the analysis below. Semiconductors power nearly every new computer, smartphone, car, and the cloud servers that underpin the world economy and even the...

Today, after experiencing mild symptoms, Secretary Raimondo tested positive for COVID using an at-home antigen test. She is fully-vaccinated and boosted, and she is confident that the vaccine has prevented her from experiencing more significant symptoms. She is sharing the news of her positive test out of an abundance of transparency. The Secretary’s office is conducting contact tracing and we are...

The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has taken additional action to degrade Russian and Belarusian defense, aerospace, maritime, and other strategic sectors in response to Russia’s brutal assault on the sovereignty of Ukraine. BIS is issuing a final rule adding 120 entities to the Entity List. Ninety-five (95) entities are being added as military end...

Today, U.S. Commerce Secretary Gina Raimondo, U.S. Energy Secretary Jennifer Granholm, and North Carolina Governor Roy Cooper applauded Vietnamese automaker VinFast’s announcement of a multi-billion dollar-investment in building electric vehicles and batteries in North Carolina. VinFast’s investment will create more than 7,000 jobs in the region and fuel American efforts to combat the climate...