Market unstable, but balanced by consumer spending The Department of Commerce released its monthly sales report last week, showing that consumer spending was surprisingly strong in the midst…
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Administration Launches “Internet for All” Initiative
Commerce secretary announces launch. U.S. Commerce Secretary Gina Raimondo recently visited Durham, North Carolina, to announce the launch of the “Internet for All” initiative. A part of the…
Read MoreCommerce Secretary Temporarily Suspends Ukrainian Steel Tariffs
232 tariffs lifted to boost Ukrainian economy. This week, Commerce Secretary Gina Raimondo announced the temporary suspension of 232 Ukrainian steel tariffs. The Ukrainian steel industry employs 1…
Read MoreSenators Urge Solar Power Probe Finalization
Bipartisan group sends open letter to President Biden. A letter signed by 23 senators was released to the public this week that calls on President Biden to conclude…
Read MoreCommerce Secretary Celebrates Future of Internet Declaration
President’s administration joins global partnership for high-speed internet. President Biden’s administration announced last week that they and 60 global partners joined the Declaration for the Future of the…
Read MoreSupply Chain Tracker Shows Small Improvement
Transportation Department attributes continued delays to Russian sanctions and coronavirus. Last week, the U.S. Department of Transportation released the latest data gathered by the Transportation Supply Chain Indicators…
Read MoreCommerce Department Blocks Russian Airline Export Privileges
Issues three Temporary Denial Orders for 180 days. On Thursday, the Commerce Department’s Bureau of Industry and Security ordered the enactment of three Temporary Denial Orders (TDOs) against…
Read MoreCommerce Department Investigating Solar Technology Tariffs
Thailand, Vietnam, Cambodia, and Malaysia are under consideration. The U.S. Commerce Department announced an investigation Monday into solar panels imported from Southeast Asian nations for potential circumvention of…
Read MoreDepartment of Commerce Meets with Uzbekistan
Deputy leaders discuss mutual economic goals. The Deputy Secretary of Commerce Don Graves spoke with Uzbekistan’s Deputy Prime Minister Sardor Umurzakov last week. They discussed Uzbekistan’s commercial relationship…
Read MoreCommerce Department Places Export Restrictions on Russia
Part of the administration’s response to the invasion in Ukraine. The Bureau of Industry and Security within the U.S. Commerce Department implemented stringent export controls on Thursday to…
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