Press releases

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

Today, U.S. Secretary of Commerce Wilbur Ross announced the initiation and preliminary decisions of antidumping (AD) and countervailing duty (CVD) investigations, by the Department of Commerce, concerning hardwood plywood from China and carbon and alloy steel wire rod from 10 separate countries. “The Department of Commerce will act swiftly to halt any possible unfair trade practices against U.S....

Today, Secretary of Commerce Wilbur Ross announced the final affirmative determination in the antidumping (AD) investigation of finished carbon steel flanges from Spain. The Department of Commerce, at request of relief from U.S. producers, has determined that exporters from Spain have been unfairly dumping these finished carbon steel flanges in the U.S. market at a rate ranging from 18.81 percent...

Today, U.S. Secretary of Commerce Wilbur Ross announced that the newly launched Swiss-U.S. Privacy Shield Framework is now accepting self-certifications. The Framework provides companies a mechanism to comply with Swiss data protection requirements when transferring personal data from Switzerland to the United States in support of transatlantic commerce. “The Swiss-U.S. Privacy Shield Framework...

Today, U.S. Secretary of Commerce Wilbur Ross announced that he will host the 2017 SelectUSA Investment Summit (Summit), June 18-20, at the Gaylord National Resort and Convention Center in National Harbor, Md. The Summit is the highest profile event to connect global companies and U.S. economic development organizations (EDOs) to facilitate business investment in the United States. “We are...

Today, in an unprecedented action, Secretary of Commerce Wilbur Ross announced the final results of an annual administrative review of the antidumping duty order on imports of oil country tubular goods (OCTG) from the Republic of Korea. The Department of Commerce has found that Korean steel producers have been unfairly dumping OCTG in the U.S. market, hurting American workers and businesses. The...

U.S. Secretary of Commerce Wilbur L. Ross, Jr. issued the following statement today on the release of the February 2017 U.S. International Trade in Goods and Services monthly data. In February 2017, the trade deficit stood at $43.6 billion compared to $45.6 billion in February 2016. In February 2017, exports of goods and services stood at $192.9 billion, compared to $180.7 billion in February 2016...

Noting that “this public-private partnership generates $1 billion per year in economic impact,” U.S. Secretary of Commerce Wilbur Ross presented four U.S. organizations on April 2, 2017, with the Malcolm Baldrige National Quality Award, the nation's only presidential award for performance excellence and innovation. The four honorees are: Don Chalmers Ford , Rio Rancho, New Mexico (small business)...