Department of Commerce Announces Grants Across Nine States Highlight Thriving U.S. Semiconductor Industry Today, the Biden-Harris Administration awarded nearly $5 million to 17 small businesses across nine states under the Small Business Innovation Research (SBIR) Program. The SBIR Phase I awards will fund research projects to explore the technical merit or feasibility of an innovative idea or...

Commerce and State to co-host convening to advance global cooperation toward the safe, secure, and trustworthy development of artificial intelligence Following Secretary of Commerce Gina Raimondo’s announcement of the launch of the International Network of AI Safety Institutes during the AI Seoul Summit in May, the U.S. Commerce Department and U.S. State Department shared today that they will co...

Today, U.S. Secretary of Commerce Gina Raimondo issued the following statement on Switzerland’s adequacy decision on the Swiss-U.S. Data Privacy Framework (DPF): “The United States welcomes the Swiss Federal Council’s finding that the Swiss-U.S. DPF provides an adequate level of protection to transfer personal data from Switzerland to the United States. Effective September 15, 2024, this change...

This week, the U.S. Department of Commerce held the first in-person meetings of the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement’s Supply Chain Council on Thursday, September 12, followed by the Crisis Response Network on Friday, September 13. The IPEF Supply Chain Council meeting, chaired by the United States, included representatives from all IPEF member countries: Australia...

U.S. Secretary of Commerce Gina M. Raimondo released the following statement after the Biden-Harris Administration announced actions to address the significant increased use of the de minimis exemption, in particular from Chinese e-commerce platforms, and to protect American consumers, workers, retailers, importers, and manufacturers. “American workers and businesses can outcompete anyone on a...

Today, U.S. Secretary of Commerce Gina Raimondo met with members of the Advisory Committee on Supply Chain Competitiveness (ACSCC). During the meeting, the Secretary provided a readout of the recent Supply Chain Summit , which was co-hosted this week by the Department of Commerce and the Council on Foreign Relations. She emphasized the importance of strengthening supply chain resilience and...

Department unveils first-of-its kind diagnostic supply chain risk assessment tool as Secretary Raimondo and Deputy Secretary Graves highlight how the Commerce Department is working to make America’s supply chains more resilient. Today, the U.S. Department of Commerce, in collaboration with the Council on Foreign Relations (CFR), hosted the inaugural Supply Chain Summit. Bringing together leaders...

Today, Deputy Secretary of Commerce Don Graves met with the Republic of Korea Minister of Trade Cheong In-kyo. During the meeting, Deputy Secretary Graves expressed the Commerce Department’s commitment to working with Minister Cheong and the Ministry of Trade, Industry and Energy to increase our trade and investment ties. The two also discussed ongoing collaboration through the U.S.-Korea Supply...