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Commerce at a Glance [ [link removed] ]
The Latest News
U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai Host First Ministerial Meeting with Indo-Pacific Economic Framework for Prosperity Partners

Recently, U.S. Secretary of Commerce Gina Raimondo and U.S. Trade Representative Katherine Tai hosted a virtual meeting of the Ministers from the Indo-Pacific Economic Framework for Prosperity (IPEF) to build on the momentum of today’s launch of the Framework by President Biden and discuss next steps with IPEF partners. 

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Statement from Commerce Secretary Gina Raimondo on the Launch of the Indo-Pacific Economic Framework

Today’s launch of the Indo-Pacific Economic Framework for Prosperity is a clear demonstration of the Biden administration’s commitment to pursuing economic engagement that benefits American workers, families, and businesses. This framework will enable the United States to expand its economic leadership in the Indo-Pacific and work with our allies and partners in the region to secure our supply chains, increase clean energy production, and cooperate on the development and regulation of emerging technologies.

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Summary Readout of Deputy Secretary Graves’ Travel to Brazil

Deputy Secretary of Commerce Don Graves concluded his first official trip to Brazil. Over the course of the visit, which took place between May 15-19, the Deputy Secretary led the largest trade mission to the South America region since the onset of the pandemic and advanced key Biden-Harris Administration and Department priorities through a series of engagements with Brazilian government officials and private sector leaders.

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2022 SelectUSA Investment Summit: Commerce Secretary Gina M. Raimondo Announces Speaker Lineup, Includes U.S. Cabinet and Prominent Private Sector Leaders

The U.S. Department of Commerce and SelectUSA announced the lineup of global executives, business leaders and U.S. government representatives who will address participants at the 2022 SelectUSA Investment Summit from June 26-29 in the Washington, D.C. area. Hosted by U.S. Secretary of Commerce Gina M. Raimondo, notable speakers presenting at the conference include Cabinet members, U.S. governors, thought leaders and C-suite executives from U.S. and global companies.

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Biden-Harris Administration Launches $45 Billion “Internet for All” Initiative to Bring Affordable, Reliable High-Speed Internet to Everyone in America

U.S. Commerce Secretary Gina M. Raimondo visited Durham, N.C., to announce the launch of the Biden-Harris Administration’s Internet for All initiative, which will invest $45 billion to provide affordable, reliable, high-speed internet for everyone in America by the end of the decade. The initiative will be administered and implemented by the U.S. Department of Commerce’s National Telecommunications and Information Administration (NTIA).

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Raimondo Announces Temporary Suspension of 232 Tariffs on Ukraine Steel

United States Secretary of Commerce Gina M. Raimondo announced the United States of America will be temporarily suspending 232 tariffs on Ukrainian steel for one year. Ukraine’s steel industry is uniquely important to the country’s economic strength, employing 1 in 13 Ukrainians with good-paying jobs.

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Ready, Set, Grant! Grant Competitions Now Open

The Minority Business Development Agency Grant Competitions are still OPEN! MBDA currently has three grants focused on the Business Center Program, Minority Colleges and Universities, and Access to Capital. Visit [link removed] to learn more about these grants and how you can apply TODAY!

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More Commerce News → [ [link removed] ]






Around Commerce


U.S. Secretary of Commerce Gina M. Raimondo Reestablishes the National Advisory Council on Innovation & Entrepreneurship (NACIE) [ [link removed] ] 32 Leaders in Technology, Innovation, Workforce Development, and Academia Appointed to Council U.S. Secretary of Commerce Gina M. Raimondo announced the appointment of 32 leaders and experts to the National Advisory Council on Innovation & Entrepreneurship (NACIE).  Read More → [ [link removed] ]


 

Journeys of Innovation: Sights on the Prize Dr. Patricia Bath [ [link removed] ] Journeys of Innovation: Sights on the Prize Dr. Patricia Bath, a visionary physician, scientist, inventor, and 2022 National Inventors Hall of Fame inductee, overcame barriers of race, gender, and socioeconomic status with grit and persistence. Read More → [ [link removed] ]








Broad Diversity of Asian, Native Hawaiian, Pacific Islander Population [ [link removed] ] Broad Diversity of Asian, Native Hawaiian, Pacific Islander Population There are 20.6 million people who identify as Asian, Native Hawaiian or Other Pacific Islander alone (not in combination with another race), making up 6.2% of the nation’s population, according to the 2020 Census.  Read More → [ [link removed] ]


 

National Minority Enterprise Development Week Awards [ [link removed] ] National Minority Enterprise Development Week Awards Apply now for a 2022 National Minority Enterprise Development Week Award! The National MED Week Awards are the highest national honors that a Minority-Owned firm can receive. Read More → [ [link removed] ]










Commerce by the Numbers *Personal Income and Outlays, April 2022
*Personal income increased $89.3 billion, or 0.4 percent at a monthly rate, while consumer spending increased $152.3 billion, or 0.9 percent, in April. The increase in personal income primarily reflected an increase in compensation.

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*NOAA Predicts Above-normal 2022 Atlantic Hurricane Season
*

Forecasters at NOAA’s Climate Prediction Center, a division of the National Weather Service, are predicting above-average hurricane activity this year — which would make it the seventh consecutive above-average hurricane season. 

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*34 States and Territories “Sign On” to Biden-Harris Administration’s “Internet for All” Initiative to Bring Affordable, Reliable High-Speed Internet to Everyone
*

NTIA announced that 34 states and territories have “Signed On” to participate in the Biden-Harris Administration’s Internet for All initiative, which will invest $45 billion to provide affordable, reliable high-speed internet for everyone in America by the end of the decade. 

Learn More → [ [link removed] ] [ [link removed] ]

*Mapping Digital Equity in Every State
*

Who in the United States has internet access, suitable devices and digital skills — and who doesn’t — is at the heart of digital equity. In response to the Digital Equity Act of 2021, the U.S. Census Bureau today released its Digital Equity Act Population Viewer, an interactive map that shows broadband availability and use alongside demographics in every state.

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In Case You Missed It

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May 9, 2022 FirstNet Authority, NIST Launch Immersive Virtual Experience Center for Public Safety The U.S. Department of Commerce’s First Responder Network Authority (FirstNet Authority) and National Institute of Standards and Technology (NIST) announced today the launch of the Public Safety Immersive Test Center in Boulder, Colorado


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May 12, 2022 Trade Mission 101: Why Your Business Should Go

In a given year, the U.S. government leads or facilitates around 14 trade missions throughout the world—bringing U.S. businesses (quite literally) to the table with foreign governments and companies potentially interested in their products and solutions.



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June 29-July 1, 2022 2022 Update Conference on Export Controls and Policy

The Bureau of Industry and Security will offer a hybrid Update Conference on Export Controls and Policy Wednesday, June 29–July 1, 2022. It will include keynote speakers, plenary sessions, breakout sessions, and an Exhibit Hall. Roundtable sessions with experts on many topics will be offered on the third day in-person only.



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