Breadcrumb

Statement from U.S. Secretary of Commerce Wilbur Ross on the GDP Growth in the First Quarter of 2017

Press releases
U.S. Secretary of Commerce Wilbur Ross issued the following statement today on the release of the real gross domestic product (GDP) quarterly growth by the Department of Commerce. In the first quarter of 2017, the GDP increased 0.7 percent, according to the advance estimate released. Since the first quarter of 2016, the year-over-year increase in real GDP was 1.9 percent. The increase in real GDP...

Joint Statement on the Signing of a Memorandum of Understanding Between the United States and Argentina on Regulatory Coherence and Private Sector Engagement

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross, together with Administrator of the U.S. Small Business Administration Linda McMahon and Argentine Minister of Production Francisco Cabrera, signed a Memorandum of Understanding (MOU) on Regulatory Coherence and Meaningful Engagement with the Private Sector, a key outcome of the U.S.-Argentina Commercial Dialogue. They are pleased to release the...

President Donald J. Trump Signs Presidential Memo Prioritizing Department of Commerce National Security Investigation into Aluminum

Press releases
Today, President Donald J. Trump signed a presidential memorandum calling on Secretary Wilbur Ross to prioritize a Department of Commerce investigation to the effects of aluminum imports on US national security. The inquiry will consider overcapacity, dumping, illegal subsidies, and other factors, to determine whether aluminum imports threaten American economic security and military preparedness....

Statement from Secretary of Commerce Wilbur Ross on U.S.-Canada Trade Relations

Press releases
"It has been a bad week for U.S.-Canada trade relations. Last Monday, it became apparent that Canada intends to effectively cut off the last dairy products being exported from the United States. Today, in a different matter, the Department of Commerce determined a need to impose countervailing duties of roughly one billion dollars on Canadian softwood lumber exports to us. This is not our idea of...

U.S. Department of Commerce Issues Affirmative Preliminary Countervailing Duty Determination on Softwood Lumber from Canada

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced the preliminary determination in the countervailing duty (CVD) investigation of softwood lumber from Canada. Commerce preliminarily determined that exporters of softwood lumber from Canada received countervailable subsidies of 3.02 percent to 24.12 percent. In 2016, imports of softwood lumber from Canada were valued at an estimated $5.66...

U.S. Department of Commerce Initiates Antidumping Duty Investigation on Imports of Carton-Closing Staples from the People’s Republic of China

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced the initiation of a new antidumping duty (AD) investigation of imports of carton-closing staples from the People’s Republic of China. “The Department will act swiftly, while assuring a full and fair assessment of the facts, to ensure that everyone trades on a level playing field,” said Secretary Ross. “The Trump administration is committed to...

Presidential Memorandum Prioritizes Commerce Steel Investigation

Press releases
Today, President Donald J. Trump signed a presidential memorandum calling on Secretary Wilbur Ross to prioritize a Department of Commerce investigation initiated last night into the effects of steel imports on US national security. The study will consider overcapacity, dumping, illegal subsidies and other factors, to determine whether steel imports threaten American economic security and military...

Statement from U.S. Secretary of Commerce Wilbur Ross on Today’s Trade Enforcement Actions

Press releases
Today, U.S. Secretary of Commerce Wilbur Ross announced the initiation and preliminary decisions of antidumping (AD) and countervailing duty (CVD) investigations, by the Department of Commerce, concerning hardwood plywood from China and carbon and alloy steel wire rod from 10 separate countries. “The Department of Commerce will act swiftly to halt any possible unfair trade practices against U.S...