The U.S. Department of Commerce (DOC), alongside the U.S. Department of Energy (DOE), today announced a unique public-private partnership with SoftBank and AEP Ohio to redevelop DOE land, modernize energy infrastructure, and develop advanced computing in Southern Ohio. As part of the partnership, SB Energy, a SoftBank Group company, is planning to build 10 gigawatts (GW) of new power generation...

On the occasion of the Summit Meeting between Prime Minister TAKAICHI Sanae and President Donald J. TRUMP in Washington, D.C. on March 19, 2026, the Government of Japan and the Government of the United States of America welcome the steady progress in the implementation of the FIRST batch of projects under the Japan-U.S. Strategic Investment, which were announced on February 17, 2026. First batch...

President Trump has approved the first three projects under Japan’s $550 billion investment commitment to the United States as part of our historic U.S.–Japan trade deal. These projects represent a $36 billion commitment in key sectors of our economy -- power generation, oil and gas, and advanced manufacturing. This is what strategic trade looks like. First, in Ohio, together with Japan, we will...

In the first year of President Donald J. Trump’s second term, Secretary Lutnick has overseen a total transformation of the Department of Commerce. Sectorial Tariff Revenue and Investment Deals Twenty landmark trade deals totaling over $9.94 trillion in U.S. investment commitments President Trump and Secretary Lutnick have focused on rebalancing trade and securing the American industrial base...

U.S. Secretary of Commerce Howard Lutnick today announced the appointment of Taylor Jordan as Director of the Office of Space Commerce (OSC), underscoring the Trump Administration’s commitment to strengthening U.S. leadership in space commerce. Mr. Jordan will continue to serve concurrently as assistant secretary of commerce for environmental observation and prediction at the National Oceanic and...

Today, the Department of Commerce, the Office of the United States Trade Representative, and the Department of Health and Human Services issued the following statements announcing an agreement in principle on pharmaceutical pricing between the United States and the United Kingdom. In the historic U.S.-U.K. Economic Prosperity Deal (EPD), President Trump and Prime Minister Starmer agreed to address...

Today, the Commerce Department announced that it has authorized the export of advanced American semiconductors to G42, based in the United Arab Emirates, and Humain, based in Saudi Arabia. Both companies are receiving approvals to purchase the equivalent of up to 35,000 Nvidia Blackwell chips (GB300s). These approvals will promote continued American AI dominance and global technological leadership...

Today, U.S. Secretary of Commerce Howard Lutnick announced that registration is open for the 2026 SelectUSA Investment Summit to be held May 3 - 6, 2026 at the Gaylord National Resort & Convention Center in National Harbor, Maryland. The SelectUSA Investment Summit is the premier event dedicated to promoting foreign direct investment (FDI) in the United States, with a focus on connecting...