"Once again President Trump is delivering on his promises. The president's tax plan will put more money in every working family's pocket, bring back cash that is trapped overseas, and help convince both American and foreign businesses to build their next plants here. It will unshackle American businesses, which are hobbled on the world stage by an oppressive corporate tax rate that is the highest...

“Samsung’s investment is great news for South Carolina and the United States, and it is a direct reflection of the fact that America is becoming an even stronger destination for global businesses looking to grow,” said United States Commerce Secretary Wilbur Ross. “I congratulate Samsung on its expansion in the United States and wish the company success as it starts up its new facility in South...

To support locally-driven efforts in coal country to spur job growth, U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published a Notice of Funding Availability (NOFA) making $30 million in funds available to assist coal communities through the 2017 Assistance to Coal Communities (ACC 2017) initiative. “The Trump...

The Department of Commerce concluded its fourth SelectUSA Investment Summit (Investment Summit) on Tuesday, setting records for total registrations and participating international business representatives. More than 3,000 people registered for the Investment Summit, including 1,200 business representatives from 64 foreign markets. “This continues to be the best place for business representatives...

Today, U.S. Secretary of Commerce Wilbur Ross met with Vietnamese Prime Minister Nguyen Xuan Phuc to discuss the deepening economic relationship between the United States and Vietnam. The leaders also attended a ceremony to recognize 13 new business deals worth more than $8 billion. “President Trump is prioritizing engagement with Vietnam, an important trading partner of the United States,”...