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Press releases

Secretary Wilbur L. Ross, Jr. and Secretary Ildefonso Guajardo Villarreal Announce New Efforts to Resolve Mexican Sugar Export Issues

Press releases
Today, U.S. Secretary of Commerce Wilbur L. Ross, Jr. and his Mexican Counterpart Secretary of Economy Ildefonso Guajardo Villarreal announced a renewed effort to resolve ongoing issues with Mexican sugar export and anti-bunching limits. “I hope that this represents the beginning of a working relationship that will bear fruit for both our Nations,” said Secretary Ross. “It is important that we...

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

Press releases
Secretary of Commerce Wilbur L. Ross, Jr. is asking for 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...

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

Press releases
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...

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

Press releases
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...

Wilbur L. Ross, Jr. Sworn in as Secretary of Commerce by Vice President Mike Pence

Press releases
Today, Wilbur L. Ross, Jr. was sworn in by Vice President Mike Pence as 39th Secretary of Commerce. Secretary Ross will be the principal voice of business in the Trump Administration, ensuring U.S. entrepreneurs and businesses have the tools they need to create jobs and economic opportunity. “President Trump used to say on the campaign trail that he had a three-part agenda for the American economy...