Business Law
This week, the U.S. Department of Commerce held the first in-person meetings of the Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement’s Supply Chain Council on Thursday, September 12, followed by the Crisis Response Network on Friday, September 13. The IPEF Supply Chain Council meeting, chaired by the United States, included representatives from all IPEF member…
Continue readingU.S. Secretary of Commerce Gina M. Raimondo released the following statement after the Biden-Harris Administration announced actions to address the significant increased use of the de minimis exemption, in particular from Chinese e-commerce platforms, and to protect American consumers, workers, retailers, importers, and manufacturers. “American workers and businesses can outcompete anyone on a level playing…
Continue readingThank you, Assistant Secretary Harris. Thanks to chairs Ursula and Jeff, and to our speakers. Yesterday we held our inaugural Supply Chain Summit, and it was a great moment to reflect on how far we’ve come. Following the COVID supply chain challenges, we embraced a whole of government approach to address supply chain gaps. It’s…
Continue readingDepartment unveils first-of-its kind diagnostic supply chain risk assessment tool as Secretary Raimondo and Deputy Secretary Graves highlight how the Commerce Department is working to make America’s supply chains more resilient. Today, the U.S. Department of Commerce, in collaboration with the Council on Foreign Relations (CFR), hosted the inaugural Supply Chain Summit. Bringing together leaders…
Continue readingThank you to the Association of Economists of Puerto Rico for hosting today. I look forward to discussing research opportunities to advance economic measurement and building statistical capacity by leveraging the newly established Federal Statistical Research Data Center (FSRDC) here in Puerto Rico. People often think of the Department of Commerce as the Department of…
Continue readingThis week, U.S. Secretary of Commerce Gina Raimondo announced the appointment of 4 new experts to the National Artificial Intelligence Advisory Committee (NAIAC), which advises the President and the White House on a range of issues related to artificial intelligence (AI). The committee, launched in 2022, provides recommendations on topics including the current state of…
Continue readingToday, U.S. Secretary of Commerce Gina Raimondo met with First Deputy Prime Minister and Minister of Economy of Ukraine Yulia Svyrydenko. During the meeting, Secretary Raimondo re-affirmed the Biden-Harris Administration’s commitment to Ukraine’s sovereignty and the Department of Commerce’s commitment to supporting Ukraine in its response to Russia’s continued aggression. They discussed Under Secretary of…
Continue readingHello everyone! Thank you for the warm welcome from Mayor Robinson and Administrator Hall. I am so pleased to be here in Lake City with my friend, and one of the great leaders of this country, Congressman Clyburn, to celebrate this significant milestone for disaster relief in South Carolina. Communities in this state are unfortunately…
Continue readingGood morning. Thank you to Isaiah Wonnenberg with the Commercial Spaceflight Federation and Frank Jannuzi from the Mansfield Foundation for organizing this event along with their partners from ASTEC. The U.S.-Japan relationship has special meaning to me. In 1860, my three-times great-grandfather, James Wormley, a hotelier and small businessman in Washington, DC, hosted and catered…
Continue readingProposed Investment Would Support Expansion and Modernization of Existing Campus and Create Over 250 Manufacturing and Construction Jobs Today, the Biden-Harris Administration announced that the Department of Commerce and HP Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $50 million in proposed direct funding under the CHIPS and Science…
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