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Department of Commerce Issues Final Rule for Countervailing Unfair Currency Subsidies

Press releases
Today, under the leadership of President Donald J. Trump, the U.S. Department of Commerce announced that it has published a final regulation for imposing countervailing duties on products that benefit from unfair currency subsidies which, in turn, cause harm to domestic industries. “This Currency Rule is an important step in ensuring that unfair trade practices are properly remedied,” said...

Statement from U.S. Secretary of Commerce Wilbur Ross on Q4 and Annual 2019 GDP: Economy Grows 2.3% in 2019

Press releases
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the fourth quarter and annual gross domestic product (GDP) numbers. The Bureau found that the real gross domestic product increased at an annual rate of 2.1 percent in the fourth quarter and 2.3 percent for all of 2019, continuing to beat expectations. “Since the beginning of this Administration, critics have predicted...

U.S. Department of Commerce Initiates Antidumping Duty (AD) And Countervailing Duty (CVD) Investigations of Imports of Wood Mouldings and Millwork Products from Brazil and China

Press releases
U.S. Secretary of Commerce Wilbur Ross today announced the initiation of new AD and CVD investigations to determine whether wood mouldings and millwork products from Brazil and China are being dumped in the United States, and to determine if producers in China are receiving unfair subsidies. These AD and CVD investigations were initiated based on petitions filed by the Coalition of American...

Remarks by Commerce Secretary Wilbur L. Ross at the Signing Ceremony for the MOU on Technical and Strategic Collaboration Between the USPTO and the Mexican Institute of Industrial Property

Speeches
It is my privilege and honor to be here in beautiful Mexico City to witness the signing of this historic MOU between the U.S. Patent and Trademark Office and Mexican Institute of Industrial Property. Congratulations to everyone who negotiated this agreement. It took vision, dedication, and hard work to get to this point, and you should be extremely proud of this final product. It will strengthen...

Vice President Mike Pence Swears in New Commissioners to the President’s Advisory Commission on Asian Americans & Pacific Islanders with Three Cabinet Members Present to Celebrate Lunar New Year at the White House

Press releases
On Monday, January 27, 2020, Vice President Mike Pence administered the oath of office to members of President Donald J. Trump’s Advisory Commission on Asian Americans and Pacific Islanders at the White House in celebration of the Lunar New Year. Key Administration officials speaking at the event included co-chairs of the White House Initiative on Asian Americans & Pacific Islanders U. S...

Remarks by Commerce Secretary Wilbur L. Ross at the White House Initiative on Asian Americans and Pacific Islanders Lunar New Year Celebration

Speeches
Introduced by Tina Wei Smith, Executive Director of the White House Initiative on Asian Americans and Pacific Islanders. I am happy to participate in today’s Lunar New Year celebration with everyone involved in the White House Initiative on Asian Americans and Pacific Islanders. I am also pleased to co-chair this initiative with our esteemed Transportation Secretary Elaine Chao. This initiative...

Commerce Finds Dumping of Imports of Fabricated Structural Steel from Canada, China, and Mexico, and Countervailable Subsidization of Imports of Fabricated Structural Steel from China and Mexico

Press releases
Today, the U.S. Department of Commerce (Commerce) announced the affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations of imports of fabricated structural steel (FSS) from Canada (AD only), China and Mexico, and a negative final determination in the CVD investigation of FSS from Canada. Commerce determined that producers and/or exporters from...

Remarks by Secretary of Commerce Wilbur Ross at A New Space Race: Getting to the Trillion-Dollar Space Economy World Economic Forum, Davos, Switzerland

Speeches
Good afternoon, welcome, and thank you all for being here to discuss the future of space and its immense economic potential. You may not know that artificial limbs, Velcro, solar cells, and water filtration were created in the first age of space exploration. Now, we have an opportunity to continue and even accelerate those benefits. The global economy is increasingly tied to services provided from...