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U.S. Department of Commerce Newsroom Update
WASHINGTON (May 23, 2021) – On Friday, May 21, U.S. Commerce Secretary Gina M. Raimondo hosted a roundtable with Republic of Korea President Moon Jae-In, Minister of Trade, Industry, and Energy Sung Wook Moon and U.S. and South Korean CEOs to demonstrate the importance of the economic relationship between the United States and South Korea, and in particular, significant cross-border investments in sectors critical to the long-term growth of both economies.
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WASHINGTON (May 20, 2021) – After her listening sessions today with CEOs and senior executives from companies that represent the full scope of the semiconductor supply chain and customer base, U.S. Secretary of Commerce Gina M. Raimondo released the following statement:
“Semiconductors play a unique role in our economic and national security, and when semiconductor supply chains are disrupted, the impact is felt across the economy....
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WASHINGTON (May 20, 2021) – NOAA’s Climate Prediction Center is predicting another above-normal Atlantic hurricane season. Forecasters predict a 60% chance of an above-normal season, a 30% chance of a near-normal season, and a 10% chance of a below-normal season. However, experts do not anticipate the historic level of storm activity seen in 2020.
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WASHINGTON (May 17, 2021) – U.S. Secretary of Commerce Gina Raimondo will host the 2021 SelectUSA Investment Summit, June 7-11, to be held virtually for the first time. She will be joined by several Cabinet members, Governors, top CEOs and small business leaders seeking to attract global companies to invest in the U.S. economy and workforce.
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WASHINGTON (May 17, 2021) – United States Trade Representative Katherine Tai, U.S. Secretary of Commerce Gina M. Raimondo, and European Commission Executive Vice President Valdis Dombrovskis today announced the start of discussions to address global steel and aluminum excess capacity. During a virtual meeting last week, the leaders acknowledged the need for effective solutions that preserve our critical industries, and agreed to chart a path that ends the WTO disputes following the U.S. application of tariffs on imports from the EU under section 232.
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