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Secretary Locke Meets with Korea Trade Minister Kim Jong-Hoon

Washington (May 13)—U.S. Commerce Secretary Gary Locke hosted a meeting with South Korea’s Minister for Trade Kim Jong-Hoon at the Commerce Department, the first meeting between Minister Kim and Secretary Locke. Locke and Kim recognized the importance of the $83 billion in goods trade between the two countries in 2008. They expressed support for continuing to deepen cooperation on trade and investment issues. “Korea, with a $1 trillion economy, is our eighth largest export market, and the Department of Commerce is committed to ensuring that U.S. companies can compete and win in this vibrant Asian market,” said Secretary Locke. (More)

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Secretary Locke Statement on March 2009 Trade Numbers

Washington (May 12)—U.S. Commerce Secretary Gary Locke issued the following statement on the release of the March 2009 U.S. International Trade in Goods and Services report by the Commerce Department’s U.S. Census Bureau and the U.S. Bureau of Economic Analysis. Today’s report showed that U.S. exports decreased by 2.4 percent to $123.6 billion since February 2009. Imports decreased 1.0 percent to $151.2 billion. Overall, the trade deficit grew 5.5 percent during the same time period. “Today’s numbers are better than many economists predicted, and it’s worth noting that the trade deficit is half of what it was in the first quarter of 2008.” (More) (Fact Sheet)

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Secretary Locke Urges Americans to Prepare for June 12 Switch to Digital Television

Washington (May 12)—U.S. Secretary of Commerce Gary Locke is urging Americans to prepare for the national switch to digital television (DTV) before the June 12 deadline—just 30 days from today. In the final month before the national switch, the Commerce Department is increasing its outreach efforts into communities that have been identified as the least prepared for the transition. “With just 30 days to go, Americans who haven’t prepared for the transition to digital need to act now to ensure they will be able to continue to receive the television programming they count on,” said Secretary Locke. (More)

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