US Department of Commerce

Dept. of Commerce funding from the $42.45 billion BEAD program will be used for grants administered by states and territories.

Commerce shares strategy to strengthen semiconductor supply chain, announces application process for large semiconductor projects.

The National Institute of Standards and Technology (NIST) is launching a Public Working Group on Artificial Intelligence (AI).

Regional Collaborative Building and Strategy Development ($25 million), Implementation of Resilience and Adaptation Actions ($550 million).

The projects will deploy over 12,000 miles of new fiber and will pass within 1,000 feet of 6,961 community anchor institutions.

This funding will enhance weather and climate data, support conservation initiatives, and upgrade NOAA’s research equipment.

The US will extend the temporary suspension of tariffs on Ukrainian steel for another year under Section 232.

United States and the European Union reiterated the central role of the TTC in the broader transatlantic partnership.

Saturday, May 27, 2023 Executive Summary: Unedited Press Release Text: Today, the 14 partners of the Indo-Pacific Economic Framework for Prosperity (IPEF) –Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Viet Nam – announced the substantial conclusion of the negotiations of a first-of-its-kind…

Saturday, May 27, 2023 Executive Summary: Unedited Press Release Text: Recalling the successful launch of the Indo-Pacific Economic Framework for Prosperity (IPEF) in May 2022, today, the IPEF partners met in Detroit, Michigan for a ministerial meeting.  The IPEF partners released summaries of the ministerial meeting for Pillars I, III, and IV as provided below….

Aims to stimulate private sector investment, create good-paying jobs, revitalize American manufacturing, and inclusive economic growth.

COMMERCE: SelectTalentUSA launch announced by Secretaries of Commerce, Education, and Acting Secretary of Labor

Memorandum of Understanding to launch the United States – Korea Supply Chain and Commercial Dialogue (“SCCD”)

U.S. Secretary of Commerce Gina Raimondo appoints Chief Richard Carrizzo as Board Chair of First Responder Network Authority.

Top Foreign Direct Investment Event to Host White House Officials, Cabinet Members, Governors, and Global Business Leaders to Promote Economic Investment, Innovation, and Entrepreneurship in the U.S.

Commerce’s NIST released a paper outlining its vision and strategy for a National Semiconductor Technology Center (NSTC)

Commerce released a new funding opportunity through the 2023 Market Development Cooperator Program (MDCP) to support projects up to $300,000

Department of Commerce has recommended $562 million for nearly 150 projects across 30 coastal states and territories

The Biden-Harris administration’s $65 billion Internet for All initiative will help close this digital divide across the country

Commerce releases a Notice of Proposed Rulemaking for the CHIPS Incentives Program to advance America’s technological and national security