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Press releases

Department of Commerce Releases Climate Action Plan for Adaptation and Resilience

Press releases
Alongside more than 20 major federal agencies as part of President Biden’s whole of government approach to confronting the climate crisis, the Department of Commerce released its Climate Action Plan for Adaptation and Resilience on October 7, 2021. With a substantial portion of the United States gross domestic product dependent on weather and climate, supporting economic growth and resiliency and...

Commerce Department, Biden Administration Take Action on Semiconductor Chip Shortage

Press releases
Supply chain issues have been a key challenge coming out of this unprecedented economic crisis resulting from this pandemic. For months, the Biden-Harris Administration has been engaged in a whole-of-government response, led by the Secretaries of Commerce, Transportation, and Agriculture. In June, the White House launched the Supply Chain Disruptions Task Force to address short-term supply chain...

U.S.-Singapore Partnership for Growth and Innovation: A Joint Statement by U.S. Secretary of Commerce Gina Raimondo and Singapore Minister for Trade and Industry Gan Kim Yong

Press releases
Today, U.S. Secretary of Commerce Gina Raimondo and Singapore Minister for Trade and Industry Gan Kim Yong signed a Memorandum of Understanding implementing the U.S.-Singapore Partnership for Growth and Innovation (the Partnership), which aims to strengthen U.S.-Singapore trade and investment collaboration. The Partnership expands and elevates work done under the U.S.-Singapore Infrastructure...

Readout of Commerce Secretary Gina Raimondo Meeting with Mubadala CEO Khaldoon Al Mubarak

Press releases
Today, Secretary Gina Raimondo met with Mr. Khaldoon Al Mubarak, the Chief Executive Officer of the Mubadala Investment Company (an Emirati state-owned holding company), to congratulate him on GlobalFoundries’ announcement to expand their semiconductor fabrication plant in Malta, New York. The Secretary also encouraged Mr. Al Mubarak to work with the Commerce Department as the Mubadala Investment...

Readout of Deputy Secretary Graves Meeting with Senegal’s Minister of Economy, Amadou Hott

Press releases
Today, Deputy Secretary Graves met with the Minister of Economy, Planning and International Cooperation of Senegal, Amadou Hott, to discuss the U.S.-Senegal commercial relationship and to re-affirm the U.S.’ commitment to increased engagement. Deputy Secretary Graves congratulated Minister Hott on President Sall’s upcoming chairmanship of the African Union. The Deputy Secretary also discussed...

Commerce Establishes Early Alert System to Improve Semiconductor Supply Chains

Press releases
This week, in response to concerns from U.S. manufacturers dependent on the semiconductor industry and in support of President Biden’s ongoing commitment to address semiconductor supply chain challenges, the Department of Commerce established the Microelectronics Early Alert System, which will be administered by the U.S. Department of Commerce's International Trade Administration. The early alert...

Readout of Deputy Secretary Graves Meeting with New Zealand Minister for Trade and Export Growth, Damien O’Connor

Press releases
Today, Deputy Secretary Don Graves met with New Zealand Minister for Trade and Export Growth Damien O’Connor to discuss opportunities for the United States-New Zealand commercial relationship. The Deputy Secretary and Minister also discussed the importance of interoperability in data flow regulations that ensure privacy and protection for consumers and businesses. They also discussed their mutual...

Readout of Commerce Secretary Gina Raimondo Meeting with Minister for Foreign Trade of Sweden, Anna Hallberg

Press releases
Today, Secretary Gina Raimondo and Minister for Foreign Trade of Sweden, Anna Hallberg, met and discussed opportunities to cooperate on climate and other green economy initiatives. The Secretary and Minister Hallberg also discussed other areas to improve bilateral trade and investment, including cloud services and other digital economy topics. The Secretary and Minister committed to deepen...