Today, Secretary of Commerce Gina Raimondo had an introductory call with Brazil’s Vice President and Minister of Development, Industry, Trade, and Services Geraldo Alckmin to congratulate the Vice President on his and President Lula’s victory in the recent Brazilian election. During the call, the Secretary also reaffirmed the Department of Commerce’s commitment to working with Brazil on economic...

From February 6-9, U.S. Deputy Secretary of Commerce Don Graves traveled to Puerto Rico to meet with members of academia, public policy, government, community-led organizations, and the private sector -- including leaders of the construction, manufacturing, banking segments -- to discuss the outcome of December’s Puerto Rico Economic Dialogue. While in San Juan, the Deputy Secretary joined Puerto...

Today, U.S. Secretary of Commerce Gina Raimondo released the following statement regarding Air India’s purchase of Boeing Aircraft: “I’m thrilled to celebrate this new development in the thriving trade relationship between the United States and India. Today’s announcement is a deal of historic significance between the Boeing Company and the Tata Group. “I understand from Boeing that the Air India...

By Iris Fan, Intern, Office of the Secretary, Office of Public Affairs Today marks the 120th anniversary of the creation of the U.S. Department of Commerce. The Department of Commerce was originally the U.S. Department of Commerce and Labor, originating on February 14, 1903. Two days after its creation, President Roosevelt nominated his personal Secretary, George B. Cortelyou, as the first...

The U.S. Department of Commerce (Commerce) joined the special negotiating round for the Indo-Pacific Economic Framework for Prosperity (IPEF) in New Delhi, India, from February 8-11, 2023. The round was hosted by India’s Ministry of Commerce and Industry and covered IPEF Pillars II (Supply Chains), III (Clean Economy), and IV (Fair Economy). The U.S. delegation was led by Sharon H. Yuan...

Secretary of Commerce Gina Raimondo met virtually with European Commission Executive Vice-President Margrethe Vestager to affirm their enduring commitment to the transatlantic economic partnership and advancing the transatlantic commercial relationship to support growth and innovation in the U.S. and EU. The Secretary and Executive Vice-President discussed the U.S. Inflation Reduction Act (IRA)...

Treasury Department Announces Puerto Rico to Receive up to $109 Million to Promote Small Business Growth and Entrepreneurship through President Biden’s American Rescue Today, the U.S. Department of the Treasury announced Puerto Rico will receive up to $109 million in funding under the State Small Business Credit Initiative (SSBCI) in President Biden’s American Rescue Plan. Treasury has now...

The Department of Commerce’s National Telecommunications and Information Administration (NTIA) announced today it has awarded Universidad del Sagrado Corazón a $2,978,187.00 grant from the Connecting Minority Communities Pilot Program (CMC). Deputy Secretary of Commerce Don Graves announced the award at a press conference in San Juan, Puerto Rico. “Connected communities create empowered...