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May032017

Earlier today, U.S. Commerce Secretary Wilbur Ross and U.S. Treasury Secretary Steven T. Mnuchin held a phone conversation with Vice Premier Wang Yang of China. Commerce Secretary Ross, Treasury Secretary Mnuchin and Vice Premier Wang discussed bilateral issues related to the U.S.- China Comprehensive Dialogue and the overall economic and trade relationship between the two countries.

May012017

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Today, after negotiations reached an impasse, the Department of Commerce formally notified the Government of Mexico its intention to resume the collection of antidumping and countervailing duties on sugar imports on June 5, 2017, unless an agreement is reached. “While I regret that such measures were needed, it is my hope that Mexico and the United States can reach a fair agreement before June,”...

Apr302017

"The Department of Commerce's recent preliminary decision to impose tariffs on Canadian softwood lumber was based on the facts presented, not on political considerations. If any Canadian or British Columbian official wishes to present additional information, we will consider it carefully and impartially. Threats of retaliatory action are inappropriate and will not influence any final...

Apr282017

U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the real gross domestic product (GDP) quarterly growth by the Department of Commerce. In the first quarter of 2017, the GDP increased 0.7 percent, according to the advance estimate released. Since the first quarter of 2016 the year-over-year increase in real GDP was 1.9 percent. The increase in real GDP...

Apr272017

Today, U.S. Secretary of Commerce Wilbur Ross, together with Administrator of the U.S. Small Business Administration Linda McMahon and Argentine Minister of Production Francisco Cabrera, signed a Memorandum of Understanding (MOU) on Regulatory Coherence and Meaningful Engagement with the Private Sector, a key outcome of the U.S.-Argentina Commercial Dialogue. They are pleased to release the...

Apr272017

Today, President Donald J. Trump signed a presidential memorandum calling on Secretary Wilbur Ross to prioritize a Department of Commerce investigation to the effects of aluminum imports on US national security. The inquiry will consider overcapacity, dumping, illegal subsidies, and other factors, to determine whether aluminum imports threaten American economic security and military preparedness.

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