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Mar092017

Commerce Department Seeks Comments on Impact of Burdensome Federal Regulations and Construction Permitting Process on Domestic Manufacturing

Operational ExcellenceWilbur RossManufacturingRegulatory Reform
Secretary of Commerce Wilbur L. Ross Jr. is asking for the input from American manufacturers to learn about the unnecessary burdens manufacturers face from federal permitting and regulatory requirements. This formal request for information (RFI) will help execute President Trump’s memorandum directing the Secretary of Commerce to ask stakeholders for ways to streamline the construction permitting...

Mar072017

Secretary of Commerce Wilbur L. Ross, Jr. Announces $1.19 Billion Penalty for Chinese Company’s Export Violations to Iran and North Korea

Trade and InvestmentExport Administration RegulationsWilbur Ross
Secretary of Commerce Wilbur L. Ross, Jr. today announced that China’s Zhongxing Telecommunications Equipment Corporation and ZTE Kangxun Telecommunications Ltd., known collectively as ZTE, has agreed to a record-high combined civil and criminal penalty of $1.19 billion, pending approval from the courts, after illegally shipping telecommunications equipment to Iran and North Korea in violation of...

Mar072017

Statement From U.S. Secretary Of Commerce Wilbur Ross on International Trade in Goods and Services in January 2017

Trade and InvestmentWilbur RossInternational Trade in Goods and Services
U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the January 2017 U.S. International Trade in Goods and Services monthly data. The trade deficit in January stood at $48.5 billion, a 9.6 percent increase from December. U.S. imports of goods and services increased to $240.6 billion in January from $235.3 billion in December.  U.S. exports of goods and...

Jan122017

U.S. Secretary of Commerce Penny Pritzker Releases New Report to Boost U.S. Port Efficiency and Competitiveness

Trade and Investment
U.S. Secretary of Commerce Penny Pritzker today issued a new report, Improving American Competitiveness: Best Practices by U.S. Port Communities, that documents operational best practices that leading U.S. ports and supply chains have implemented to overcome challenges associated with increasing vessel sizes, trade volumes, and industry complexity. The American Association of Port Authorities...

Jan122017

U.S. Department of Commerce Releases Green Paper Proposing Approach for Advancing Growth of Internet of Things

InnovationInternet of ThingsDigital Economy
The U.S. Department of Commerce today released a report proposing steps the Department can take to advance the Internet of Things (IoT). The “green paper” examines the benefits and challenges of the evolving IoT landscape and suggests that the U.S. government should continue to foster an enabling environment for innovative technology to grow and thrive.

Jan092017

U.S. Secretary of Commerce Penny Pritzker Unveils Plans for New Trade Enforcement and Compliance Advisory Council

Trade and InvestmentPenny Pritzker
U.S. Secretary of Commerce Penny Pritzker today announced her intent to establish the Advisory Council on Trade Enforcement and Compliance (ACTEC) within the Department of Commerce. The ACTEC will provide a dedicated forum for stakeholders to advise the Secretary on trade enforcement and agreement compliance matters, thereby advancing the competitiveness of U.S. firms and workers.

Jan052017

U.S. Secretary of Commerce Penny Pritzker Highlights Key Departmental Accomplishments During Obama Administration

Operational ExcellencePenny Pritzker
U.S. Secretary of Commerce Penny Pritzker today submitted her exit memorandum to President Obama highlighting the Department of Commerce’s major accomplishments that helped grow the U.S. economy during the past eight years. Secretary Pritzker’s “Open for Business” agenda focused the efforts of the Department’s 12 bureaus and 46,000 employees on five pillars – trade and investment; innovation;...

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