The United States of America (U.S.) and Singapore have signed a Memorandum of Understanding (MOU) to deepen economic cooperation and extend trade financing and investment support to companies in Singapore and the U.S. The MOU was signed by U.S. Secretary of Commerce Wilbur Ross and Singapore Minister for Trade and Industry Chan Chun Sing. “The U.S. and Singapore have enjoyed more than fifty years...

Today, U.S. Secretary of Commerce Wilbur L. Ross, Jr. praised President Donald J. Trump’s new National Space Policy for recognizing the significance of the rapidly growing U.S. commercial space industry and for strengthening the Nation’s role as the country of choice for space commerce. “This new National Space Policy reflects the emergence of space commerce as a driving force for positive change...

Today, U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of twist ties from China. The Commerce Department preliminarily determined that exporters/producers from China received countervailable subsidies at a rate of 122.5 percent. Among the subsidies preliminarily countervailed is China’s undervalued currency –...

The Working Group on Bribery of the Organisation for Economic Co-operation and Development (OECD Working Group) issued its Phase 4 Report of the United States, announced the U.S. Departments of Justice, Commerce, State, and the Securities and Exchange Commission (SEC). The Phase 4 Report is part of the OECD Working Group’s peer monitoring process and focuses primarily on the United States’...

Secretary of Labor Eugene Scalia, Secretary of Commerce Wilbur Ross, and Secretary of Education Betsy DeVos today ratified a Joint Declaration of Intent with their German counterparts concerning cooperation on apprenticeships, vocational education and training. The signing, during National Apprenticeship Week, represents the firm commitment of the U.S. Departments of Labor, Commerce and Education...

U.S. Secretary of Commerce Wilbur Ross announced an affirmative preliminary determination in the countervailing duty (CVD) investigation of passenger vehicle and light truck (passenger tires) tires from Vietnam. The Commerce Department preliminarily determined that exporters and producers from Vietnam received counter available subsidies with rates ranging from 6.23 percent to 10.08 percent. Among...

Today, Secretary of Commerce Wilbur Ross issued the following statement upon the confirmation of Judge Amy Coney Barrett to the Supreme Court of the United States: "Tonight’s confirmation of President Trump’s outstanding nominee to the U.S. Supreme Court further exemplifies this administration’s promise to protect and defend our Constitution. Justice Amy Coney Barrett‘s commitment to the...

To coincide with the first meeting of the new United States-United Arab Emirates Strategic Dialogue, U.S. Secretary of Commerce Wilbur Ross announced the Department is working to conclude two memorandums of understanding with Emirati government agencies promoting foreign direct investment, innovation, and entrepreneurship as well as the expansion of the International Trade Administration’s (ITA)...