Today, the U.S. Department of Commerce announced the creation of the Aluminum Import Monitoring and Analysis (AIM) system, which will enable Commerce to collect and publish data on aluminum imports. AIM is modeled on Commerce’s successful Steel Import Monitoring and Analysis (SIMA) system. “AIM represents yet another step forward for the Administration’s America First trade agenda,” said Secretary...

The Bureau of Industry and Security (BIS) will amend the Export Administration Regulations (EAR) by adding a new ‘Military End User’ (MEU) List, as well as the first tranche of 103 entities, which includes 58 Chinese and 45 Russian companies. The U.S. Government has determined that these companies are ‘military end users’ for purposes of the ‘military end user’ control in the EAR that applies to...

Thank you, Chairman Reed and Directors Bachus and Pryor, for your leadership of this Board, and for your work developing the proposal we are considering today, permitting EXIM to provide full financing packages for exports in designated transformational sectors containing at least 51 percent U.S. content. This change is an update over the current policy which stipulates an 85 percent requirement...

Today, the Commerce Department added 77 entities to the Entity List for actions deemed contrary to the national security or foreign policy interest of the United States. These include entities in China that enable human rights abuses, entities that supported the militarization and unlawful maritime claims in the South China Sea, entities that acquired U.S.-origin items in support of the People’s...

The Bureau of Industry and Security (BIS) in the Department of Commerce (Commerce) added Semiconductor Manufacturing International Corporation (SMIC) of China to the Entity List. BIS is taking this action to protect U.S. national security. This action stems from China’s military-civil fusion (MCF) doctrine and evidence of activities between SMIC and entities of concern in the Chinese military...

Space has forever captured the imagination of people around the world. Starting in the late 1950s, the United States and the Soviet Union recognized the national security importance of space, fueling the initial space race that culminated in the Apollo moon landings. China’s successful lunar landings and Japan’s impressive return of a sample from the asteroid Ryugu are part of the new race to...

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...

Introduced by Vice President Mike Pence. Thank you, Vice President Pence, for the opportunity to update the National Space Council on the growth of the space economy and the related work that is taking place at the Department of Commerce. Here at Cape Canaveral last week, SpaceX executed its 100th successful commercial Falcon 9 rocket launch, sending a crew and thousands of pounds of supplies and...