On Tuesday, January 30, 2024, the U.S.-EU Trade and Technology Council (TTC) held its fifth ministerial meeting in Washington, D.C. Secretary of State Antony Blinken, Secretary of Commerce Gina Raimondo, U.S. Trade Representative Katherine Tai, and senior National Security Council Staff were joined by EU TTC co-chairs European Commission Executive Vice Presidents Margrethe Vestager and Valdis...

The U.S. Department of Commerce today announced that the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement Relating to Supply Chain Resilience, generally referred to as the Supply Chain Agreement, will enter into force on February 24, 2024. This is a critical step in bringing the landmark, first-of-its kind agreement into action and promoting coordination among the IPEF partners on...

Today, the U.S. Departments of Commerce, State, Treasury, Homeland Security, Labor and the U.S. Trade Representative published a Supplemental Business Advisory for Burma given significant additional developments since the previous advisory was issued in January 2022. This supplemental advisory highlights the additional sectors and activities of concern in the country, as well as the actions taken...

U.S. Secretary of Commerce Gina Raimondo today announced a nationwide schedule of key export promotion events—ranging from in-person local events to trade missions around the world—to advance export opportunities for diverse businesses. These programs are made available to U.S. businesses through Commerce’s International Trade Administration (ITA) and its export promotion arm, the U.S. Commercial...

Today, Secretary of Commerce Gina Raimondo met with Japanese Minister of Foreign Affairs Kamikawa Yoko. During the meeting, Secretary Raimondo expressed her condolences to Japan and the families of the victims of the New Year’s Day earthquake and reiterated President Biden’s commitment to supporting Japan and the Japanese people to recover from this tragedy. The two also discussed the successful...

Today, the Minority Business Development Agency (MBDA) announced that Under Secretary Donald “Don” Cravins will be stepping down from his role as MBDA Under Secretary. Under Secretary Cravins was the first-ever Under Secretary to lead the bureau, which operates within the Department of Commerce. During his tenure, the agency helped minority business enterprises secure more than $8.2 billion in...

Today, Donald R. Cravins, Jr., Under Secretary of Commerce for Minority Business Development, announced the formation of the U.S. Department of Commerce, Minority Business Development Agency’s (MBDA) Minority Business Enterprise Advisory Council. As stated in The Minority Business Development Act of 2021, this council will advise and assist MBDA in their mission to promote the growth of minority...

Last night, Secretary of Commerce Gina Raimondo held a call with Minister of Commerce of the People’s Republic of China (PRC) Wang Wentao. Following up on their last meeting in November 2023 during the APEC Leaders Summit in California, Secretary Raimondo and Minister Wang emphasized the importance of leveraging the working group that the U.S. Department of Commerce and the PRC’s Ministry of...