News and reports from the Department of Commerce.

Commerce News

Commerce
Registration is now open for the 2026 SelectUSA Investment Summit, scheduled to take place from May 3 to May 6, 2026, at the Gaylord National Resort & Convention Center in National Harbor, Maryland.
Commerce

Remembering 9/11: survivor reflects on loss and value of workplace community

Twenty-four years after the September 11 attacks, Americans continue to reflect on the tragedy that claimed 2,977 lives.
Commerce

U.S. Commerce Secretary hosts roundtable on Alaska seafood industry

Secretary Howard W. Lutnick of the U.S. Department of Commerce led an Alaska Seafood Roundtable on September 9, 2025.
Commerce

Commerce announces $4.2 billion rail deal with Kazakhstan supporting over 11,000 U.S. jobs

The U.S. Department of Commerce has announced a major commercial agreement between Wabtec Corporation and the Government of Kazakhstan.
Commerce

Trump administration outlines efforts to boost Alaska's seafood industry

Alaska’s seafood industry is a major part of the state’s economy, producing about $6 billion in economic output and employing 48,000 people.
Commerce

Commerce Department posts quarterly GDP data on multiple blockchains

The U.S. Department of Commerce has announced a new initiative to post real gross domestic product (GDP) data on the blockchain, starting with the July 2025 figures.
Commerce

Commerce Department moves NSTC operations from Natcast back under NIST control

The Department of Commerce has announced that the National Institute of Standards and Technology (NIST) will take over operations of the National Semiconductor Technology Center (NSTC), ending its management by the National Center for the...
Commerce

U.S., EU announce framework aimed at reciprocal fair trade and reduced tariffs

The United States and the European Union have announced a new Framework Agreement focused on reciprocal, fair, and balanced trade.
Commerce

U.S. rejects IMO net-zero shipping plan citing consumer cost concerns

The United States government has issued a joint statement rejecting the International Maritime Organization’s (IMO) proposed “Net-Zero Framework,” which aims to reduce greenhouse gas emissions in the global shipping sector.
Commerce

Commerce Department joins Labor and Education in unveiling new national workforce strategy

The U.S. Departments of Commerce, Labor, and Education have released a joint report titled "America’s Talent Strategy: Equipping American Workers for the Golden Age."
Commerce

Commerce Department reforms AI safety institute into new innovation center

Under the direction of President Trump, Secretary of Commerce Howard Lutnick announced plans to transform the U.S. AI Safety Institute into the Center for AI Standards and Innovation (CAISI).
Commerce

Record-breaking attendance at SelectUSA Investment Summit leads to $1 billion in commitments

The U.S. Department of Commerce recently concluded the 11th SelectUSA Investment Summit, marking a record-breaking event with over 5,500 attendees from more than 100 international markets.
Commerce

Tech Hubs program receives additional funding; new competition announced

The Tech Hubs program, initiated by the 2022 CHIPS and Science Act, has allocated over $541 million in funding through grants.
Commerce

UAE unveils new phase one of joint US-AI campus

A new AI campus, a collaborative effort between the United Arab Emirates and the United States, was unveiled in Abu Dhabi at Qasr Al Watan.
Commerce

Commerce Secretary addresses issues with initial tech hubs program rollout

In 2022, Congress established the Tech Hubs Program to bolster U.S. economic and national security by advancing future technologies.
Commerce

UAE and US agree on framework for advanced technology cooperation

The United Arab Emirates and the United States have agreed to create a framework known as the "US-UAE AI Acceleration Partnership."
Commerce

U.S.-U.K. announce historic trade deal enhancing market access and security

The United States and the United Kingdom have announced a significant trade agreement, aiming to enhance market access and strengthen national security.
Commerce

TSMC's third Arizona fab marks 100th day of Trump administration

U.S. Secretary of Commerce Howard Lutnick's recent visit to the Taiwan Semiconductor Manufacturing Company (TSMC) facility in Phoenix, Arizona, marked the groundbreaking of a third fabrication plant.
Commerce

Commerce Secretary Lutnick sees revival in U.S. manufacturing under Trump's policies

The United States is on the brink of a manufacturing revival, according to recent statements by Commerce Secretary Howard Lutnick.
Commerce

Commerce Department ends funding to Princeton University aligning with Administration's priorities

U.S. Secretary of Commerce Howard Lutnick announced on Tuesday, April 8, 2025, that nearly $4 million in funding to Princeton University will be discontinued.
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