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Statement from U.S. Secretary of Commerce Wilbur Ross on the GDP Growth in the First Quarter of 2017

Press releases
U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the real gross domestic product (GDP) quarterly growth by the Department of Commerce. In the first quarter of 2017, the GDP increased 0.7 percent, according to the advance estimate released. Since the first quarter of 2016, the year-over-year increase in real GDP was 1.9 percent. The increase in real GDP...

Patents and Trademarks of World War One

Blog
This month marks the centennial of the United States’ entry into World War I on April 6, 1917, and the U.S. Patent and Trademark Office (USPTO) has taken a look back into its archives of patents and trademarks from that era. World War I, and the years that came after it, resulted in a surge of American ingenuity and technological innovation. As soldiers faced different types of warfare, new...

Joint Statement on the Signing of a Memorandum of Understanding Between the United States and Argentina on Regulatory Coherence and Private Sector Engagement

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross, together with Administrator of the U.S. Small Business Administration Linda McMahon and Argentine Minister of Production Francisco Cabrera, signed a Memorandum of Understanding (MOU) on Regulatory Coherence and Meaningful Engagement with the Private Sector, a key outcome of the U.S.-Argentina Commercial Dialogue. They are pleased to release the...

President Donald J. Trump Signs Presidential Memo Prioritizing Department of Commerce National Security Investigation into Aluminum

Press releases
Today, President Donald J. Trump signed a presidential memorandum calling on Secretary Wilbur Ross to prioritize a Department of Commerce investigation to the effects of aluminum imports on US national security. The inquiry will consider overcapacity, dumping, illegal subsidies, and other factors, to determine whether aluminum imports threaten American economic security and military preparedness....

Celebrating World IP Day

Blog
On April 26th, the U.S. Patent and Trademark Office (USPTO) celebrated World Intellectual Property (IP) day in Washington, D.C., as well as across the country in Houston, Chicago and Silicon Valley. The theme of this year’s World IP Day is “Innovation – Improving Lives.” One program which is a prime example innovation improving lives is Patents for Humanity, the USPTO’s awards competition...

Get Ready for National Small Business Week

Blog
The following is a cross-post from the Small Business Administration (SBA) blog By Linda McMahon, SBA Administrator Once upon a time.... It’s the classic opening to our favorite fairy tales. As children, we dream of magic potions and knights in shining armor that will provide our happily ever after. How were we to know that our own hard work, skill and determination could be far more effective...

Statement from Secretary of Commerce Wilbur Ross on U.S.-Canada Trade Relations

Press releases
"It has been a bad week for U.S.-Canada trade relations. Last Monday, it became apparent that Canada intends to effectively cut off the last dairy products being exported from the United States. Today, in a different matter, the Department of Commerce determined a need to impose countervailing duties of roughly one billion dollars on Canadian softwood lumber exports to us. This is not our idea of...

U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination on Softwood Lumber from Canada

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced the preliminary determination in the countervailing duty (CVD) investigation of softwood lumber from Canada. Commerce preliminarily determined that exporters of softwood lumber from Canada received countervailable subsidies of 3.02 percent to 24.12 percent. In 2016, imports of softwood lumber from Canada were valued at an estimated $5.66...