Today, U.S. Secretary of Commerce Wilbur Ross released the Streamlining Permitting and Regulatory Burdens for American Manufacturers report that was submitted to President Donald Trump. This report, which gathered input from domestic manufacturers and industry stakeholders, identified 20 sets of regulations and permitting issues as being a top priority for reform and immediate action to begin...

As the North American Free Trade Agreement negotiations unfold, there is a lot of loose talk being exchanged about automobile parts going back and forth among the United States, Canada and Mexico. NAFTA supporters assert that the U.S. content in cars assembled in Canada and Mexico is particularly high and that therefore our $70 billion-plus trade deficits with our NAFTA partners are not worrisome...

"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...

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...

Today, President Trump took one more important step towards restoring the primacy of American workers and American businesses by unshackling them from the terrible deal that is the Paris Climate Accord. That deal imposes little responsibility on the world’s largest emitters, while costing the U.S. economy three trillion dollars in reduced output, six million industrial jobs, and three million...

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,”...

“The President’s budget restores the federal government’s accountability to American families and American taxpayers while renewing the focus on our core missions. At Commerce, the budget will increase efficiency and strengthen important functions that keep us safe, defend against unfair trade practices, and promote growth and innovation. I look forward to working with the rest of the...

President of the United States Donald Trump and President of the People’s Republic of China Xi Jinping agreed at their Mar-a-Lago meeting to advance U.S.-China economic cooperation with a 100-day action plan under the framework of the U.S.-China Comprehensive Economic Dialogue. Under the leadership of the co-chairs, Secretary of the Treasury Steven T. Mnuchin, Secretary of Commerce Wilbur Ross of...

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...