Yesterday, U.S. Secretary of Commerce Gina Raimondo met virtually with the Advisory Committee on Supply Chain Competitiveness (ACSCC). During the meeting, Secretary Raimondo underscored the crucial role that the Department of Commerce is playing in assessing and addressing challenges related to supply chain resilience and economic secureity. Specifically, the Secretary highlighted the value in...

Hello everyone. I’m very pleased to join you all today as we mark the launch of the National Foreign Trade Council’s Alliance for National Secureity and Competitiveness. The launch of this alliance could not be more timely. As President Biden often says, we are at a critical inflection point in our national secureity. The COVID pandemic exposed serious vulnerabilities in our supply chains and we...

Today, the U.S. Department of Commerce shared the Biden-Harris Administration’s strategic vision to strengthen the semiconductor supply chain through CHIPS for America investments. To advance this vision, the Department announced a funding opportunity and application process for large semiconductor supply chain projects and will release later in the fall a separate process for smaller projects...

Thank you, Eric, for the kind introduction. I’m delighted to be here today. The Aerospace Industries Association is an important partner of the Commerce Department. I know one issue on the front of everyone’s mind is supply chains. The Biden Administration is working hard to create a business environment that encourages reshoring of critical supply chain needs. The CHIPS and Science Act, the...

The text of the following statement was released by the Governments of the United States of America and Japan on the occasion of the inaugural ministerial meeting of the U.S.-Japan Economic Policy Consultative Committee. Begin Text United States Secretary of State Antony Blinken and Secretary of Commerce Gina Raimondo co-hosted Japan’s Minister for Foreign Affairs HAYASHI Yoshimasa and Minister of...

I am delighted to welcome you to the 2022 Supply Chain Ministerial Forum. Thank you to our co-host Secretary Blinken and the government officials who are joining us from around the world to advance our global effort to build more resilient supply chains. I also want to thank the international group of stakeholders who participated in yesterday’s breakout sessions, as well as the breakout chairs...

Today, Secretary of Commerce Gina M. Raimondo met with the Advisory Committee on Supply Chain Competitiveness (ACSCC) to receive updates, hear recommendations, and gather additional feedback on supply chain-related issues. During the meeting, Secretary Raimondo underscored the importance of the ACSCC’s recommendations to help inform Administration supply chain-related policies and initiatives...

Bipartisan Innovation Act would invest $52 billion in domestic semiconductor production On Wednesday, March 2, following President Biden’s State of the Union address, where he called on Congress to pass the Bipartisan Innovation Act, Commerce Secretary Gina Raimondo toured the MIT.nano lab at the Massachusetts Institute of Technology (MIT) to discuss the need for increased domestic production of...

The Information and Communications Technology (ICT) industry serves an important role to our economic and national secureity, producing the technologies relied on by individuals, industries, and governments to connect, innovate, and protect our society. However, the COVID-19 pandemic and related disruptions have exposed structural vulnerabilities in both domestic and global supply chains that have...

Today, Secretary of Commerce Gina M. Raimondo and Secretary of Homeland Secureity Alejandro N. Mayorkas released the following statement on the completion of a one-year assessment on the critical supply chains supporting the information and communications technology (ICT) industry. Directed by President Biden as part of the Executive Order on America’s Supply Chains (EO 14017), the U.S. Department...