Guardrails Finalized by the Department of Commerce Will Ensure Manufacturing and Technology Investments Under the CHIPS Act Bolster Technological and National Security of America, Allies, and Partners The U.S. Department of Commerce today released the final rule implementing the national security guardrails of the bipartisan CHIPS and Science Act. The rule elaborates on two core provisions of the...

Today, Secretary Raimondo met with Prime Minister of Vietnam Pham Minh Chinh during his visit to the United States and participation in the 78 th session of the United Nations General Assembly. During their meeting, Secretary Raimondo and Prime Minister Chinh discussed the outcomes of President Biden’s visit to Vietnam earlier this month, including the new U.S.-Vietnam Comprehensive Strategic...

Today, Secretary Raimondo met with Minister of Industry and Trade of Vietnam Nguyen Hong Dien. The two discussed the unprecedented elevation of the U.S.-Vietnam bilateral relationship to a Comprehensive Strategic Partnership, which will facilitate expanded commercial cooperation across a variety of sectors. The Secretary emphasized a key element of delivering on commitments following President...

Today, Secretary of Commerce Gina Raimondo spoke with Japan’s Minister of Economy, Trade and Industry (METI) Nishimura Yasutoshi to discuss key bilateral trade issues and updates, including the agenda for the next Ministerial meeting of the U.S.-Japan Economic Policy Consultative Committee (Economic “2+2”) and next steps for bringing the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean...

The U.S. Department of Commerce today made publicly available the text of the proposed landmark Indo-Pacific Economic Framework for Prosperity (IPEF) Supply Chain Agreement, marking another major milestone and accomplishment for the Biden-Harris Administration’s innovative approach to economic engagement. Following the release of the final text of the Agreement, the United States and partner...

Today, U.S. Secretary of Commerce Gina Raimondo met with Shanghai Party Secretary Chen Jining to discuss commercial sectors where the U.S. and China can promote greater cooperation based on shared interests. The Secretary encouraged Party Secretary Chen to work closely with the U.S. business community to promote transparency and the fair application of laws and regulations to ensure stability and...

Today U.S. Secretary of Commerce Gina Raimondo met with Minister of Culture and Tourism of the People’s Republic of China Hu Heping. During the meeting, Secretary Raimondo underscored the importance of people-to-people exchange to the broader U.S.-China bilateral relationship. Secretary Raimondo also noted the positive efforts made by the Department of Commerce and Ministry of Culture and Tourism...

U.S. Secretary of Commerce Gina Raimondo today met with Minister of Commerce of the People’s Republic of China Wang Wentao to advance U.S. commercial and strategic interests. The meeting was part of ongoing efforts to deliver on President Biden’s directive following his meeting with President Xi in November 2022 to deepen bilateral discussions. Secretary Raimondo emphasized the importance of...