Energy Department lacks funds to replenish reserves. The House of Representatives passed a bill that bans releases of oil from the U.S. Strategic Petroleum Reserve from being sold…
Read MoreExports
New USDA Under Secretary Sworn In
Secretary Vilsack celebrates army veteran poised to support the department’s mission to producers. The U.S. Department of Agriculture (USDA) has sworn in Alexis Taylor as the new Under…
Read More
Commerce Secretary Fields Concerns About Gun Exports
Members of the House and Senate write regarding oversight and protocols of weapon exports. This week, some members of Congress wrote to Commerce Secretary Gina Raimondo about her…
Read More
U.S. Tightens Technology Export Controls
Commerce Department calls the move critical to national security. The U.S. Department of Commerce has adopted new export controls on technologies that support the production of advanced semiconductors…
Read More
Commerce 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 More
President Biden Revoking Russian Trade Status
Also banning imports of Russian goods. President Biden announced Friday that the U.S., European Union and G7 countries are moving to revoke Russia’s “most favored nation” trade status…
Read More
Commerce 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…
Read MoreDepartment of Commerce Partners with Goldman Sachs
Program will provide export education for small businesses. Last week, the U.S. Department of Commerce announced a new partnership with Goldman Sachs called 10,000 Small Businesses. The goal…
Read More
USDA Releases Agricultural Export Forecast
Trade increased by 24 percent in 2021. The Department of Agriculture released its quarterly forecast on the status of American agricultural trade last week. The report found that…
Read More
U.S. Trade Deficit Rises by 1.7%
Nation imports $64.1 billion more than it exports. The Commerce Department announced on Friday that the trade deficit grew by 1.7% in October, as the nation brought in…
Read More