Today, the U.S. Department of Commerce is continuing to take action against Russia and those who enable Russia’s war in Ukraine. We added trade restrictions to seven Iranian entities involved in Iran’s drone program for supporting Russia’s war efforts and trying to use U.S. items to do it. They join a list of more than 370 entities that the department has taken action against since Feb. 24, 2022...

As we welcome 2023, we reflect on some of the most popular stories, issues, and accomplishment from 2022. This past year, the Commerce Department remained at the forefront of many critical issues like no other time in history. Commerce played a central role in enacting President Biden's economic, trade, and innovation agenda to build a better America. One of the most important accomplishments of...

Today, Secretary of Commerce Gina Raimondo met with EU Commission Executive Vice President Valdis Dombrovskis for a planning discussion ahead of the 3rd U.S.-EU Trade & Technology Council (TTC) Ministerial. They discussed work for the upcoming Ministerial related to semiconductor supply chains, export controls and other issues that will benefit stakeholders on both sides of the Atlantic.

Thank you, Deputy Secretary Adeyemo, for bringing us together today. And thank you to all in the room who have joined the effort. When Russia launched its unconscionable war against the Ukrainian people, the Commerce Department had to rewrite the playbook of economic statecraft. The United States needed to degrade Russia’s military capability, and quickly, without boots on the ground. Export...

Today, Secretary Gina Raimondo met with United Kingdom’s State Secretary for International Trade Kemi Badenoch to discuss ongoing collaboration to strengthen the U.S.-UK bilateral and commercial relationship. During the meeting, Secretary Raimondo congratulated Secretary Badenoch on her new appointment and highlighted timely progress regarding U.S.-UK data adequacy – the U.S.-UK Comprehensive...

Today, Secretary of Commerce Gina Raimondo met virtually with Japan’s Trade Minister for Economy, Trade, and Industry (METI) Yasutoshi Nishimura to congratulate him on his recent appointment to the position. The two discussed the ongoing work and support for the Indo-Pacific Economic Framework for Prosperity (IPEF) and U.S.-Japan cooperation on common bilateral goals, under the Japan-U.S...

Thank you, Under Secretary Estevez, for that introduction, and for your leadership of the Bureau of Industry and Security. I’d also like to thank the Office of Exporter Services for putting on this conference, and the entire BIS team for the hard work they do. Welcome to the 35th Annual Update Conference on Export Controls and Policy. It’s wonderful to be back in person. Much has changed since our...

Today, Secretary of Commerce Gina Raimondo released the below statement following President Biden’s emergency declaration regarding the temporary duty-free importation of solar cells and modules from Southeast Asia to avoid disruptions to the electric power system: “The Department of Commerce remains committed to protecting our economic and national security against unprecedented challenges. As...

BRUSSELS, BE – Deputy Secretary of Commerce Don Graves traveled to Brussels, Belgium to continue the Commerce Department’s close coordination with the European Union on the imposition of enhanced export controls on Russia. The Deputy Secretary, joined by U.S. Ambassador to the European Union Mark Gitenstein and Assistant Secretary for Export Enforcement Matthew Axelrod, held dialogues on export...

From May 31-June 3, 2022, Deputy Secretary of Commerce Don Graves will travel to The Hague, Netherlands, and Brussels, Belgium, to meet with representatives of the Dutch and Belgian governments, as well as the European Commission and private industry representatives to discuss geopolitical and transatlantic trade issues of mutual interest, including semiconductor production, joint work to secure...