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updated Mon. May 7, 2018

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WASHINGTON - Increased tariffs on imported solar panels, washing machines, steel and aluminium are causing manufacturers to open factories in the United States, Commerce Secretary Wilbur Ross said Friday. Speaking to journalists here, President Donald Trump's point man on business development ...
While being in close contact with US Commerce Secretary Wilbur Ross in recent weeks, Malmstrom rejected the idea that Europe would offer any concessions in exchange for a further reprieve. "We have not offered the US anything, we are not going to offer them anything to get exemptions from tariffs that ...

U.S. commerce secretary: China 2025 plan to be tech nexus 'frightening' Wilbur Ross (front left_, U.S. commerce secretary, speaks to Steven Mnuchin, U.S. Treasury secretary, at an arrival ceremony during a state visit on the South Lawn of the White House in Washington on Tuesday. | BLOOMBERG ...
The thousands of smallsats heading to launchpads in 5-10 years promise seamless, global connectivity, near real-time Earth imagery and navigation services for our self-driving cars. But whether they will deliver depends in part on how well the birds share increasingly congested low Earth orbit (LEO).
China's plan to transform itself into the global technology nexus is a "frightening" one that puts American intellectual property at risk, US Commerce Secretary Wilbur Ross said Tuesday. "It's a huge, huge problem," Ross told a gathering of fabric industry executives about the repeated theft of technology.
ZTE could be in big trouble of their own doing. The company sold goods and services to Iran and North Korea in 2016, and when caught by the U.S., it agreed to the punishments prescribed by the Commerce Department with a possible seven year U.S. export ban to be put into place if the company failed to ...

SEOUL, April 22 (Yonhap) -- South Korea's NEXTEEL Co. said Sunday that it has taken the U.S. Commerce Department to court for the "unfair levying" of antidumping duties on its products. The steelmaker said it is contesting the final ruling taken against its oil country tubular goods (OCTG) and asked U.S. ...
U.S. Commerce Secretary Wilbur Ross expressed praise on Tuesday, 17 April, for a pilot program that gives states along the Gulf of Mexico more power in managing the red snapper recreational fishery. NOAA Fisheries previously unveiled a two-year pilot program giving partial control of the fishery to ...
On April 12, 2018, the International Trade Administration (ITA), Department of Commerce (Commerce) published in the Federal Register a notice [corrected Docket No.: ITA-2018-0001*] that the ITA is seeking information to support the development of a comprehensive strategy to address trade-related ...
The U.S. Commerce Department has initiated an AD (Anti-Dumping Duty)/CVD (Countervailing Duty) on imports of Certain Steel Wheels from China. These AD and CVD investigations were initiated based on petitions filed by Accuride Corporation (Evansville, IN) and Maxion Wheels Akron LLC (Akron, OH) ...
The United States government is putting the finishing touches on a new space traffic management policy designed to protect U.S. national security and commercial spacecraft amid growing congestion in space, Vice President Mike Pence announced April 16. The National Space Council, which Pence ...
Over the past few weeks, the situation has been getting progressively worse for Chinese smartphone manufacturers operating in the American market. It began with the ban on the sale of the latest Huawei devices, as Huawei's planned deal to sell the Huawei Mate 10 Pro on AT&T collapsed in January ...
The U.S. Commerce Department announced last Monday that it prohibited American companies from selling components to ZTE, one of the biggest tech companies in China, for seven years. The Chinese side responded to this action by introducing a huge import charge on US shipments of sorghum ...
The U.S. Commerce Department said on Tuesday it has made a preliminary determination that aluminum sheet imports from China are being subsidized. The Commerce Department calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the imported common alloy ...
VOA's Celia Mendoza interviewed U.S. Secretary of Commerce Wilbur Ross on the sidelines of the Summit of the Americas in Peru. This is an edited transcript of that interview. Question: Secretary Ross, tell us what the importance is for the United States to do business with Latin America, especially now ...
Maynard optical communications equipment manufacturer Acacia Communications is taking steps to suspend its business relationship with a Chinese company that has been banned from buying American products. U.S. Secretary of Commerce Wilbur Ross announced Monday the activation of the ...
The U.S. Department of Commerce announced today that it would ban U.S. companies from providing components to ZTE because the Chinese company failed to comply with the terms of a disciplinary agreement reached in March 2017 arising from U.S. export law violations. The ban, slated to last seven ...

Chinese smartphone maker ZTE has been hit with US export restrictions related to charges that it illegally shipped telecom equipment to Iran and North Korea. Paranoia will destroy us. Why Chinese tech isn't spying on Americans. The notion that the Chinese government would spy on corporations and our ...
The tensions spilled over into Latin America this week, with U.S. Commerce Secretary Wilbur Ross disparaging Chinese trade in a speech in Lima and promising that Washington will not cede leadership in the region to “authoritarian states.” Mr. Ross said U.S. trade was better for local economies, and ...
US Commerce Secretary Wilbur Ross said on Thursday that Latin American economies benefited more from trade with the United States than with China and vowed Washington would not cede leadership in the region to "authoritarian countries." Speaking at a business event in Lima before Friday's start of ...
If printed papers disappear … the online versions will quickly follow unless a viable digital subscription model is in place. If higher tariffs remain, it will be a Pyrrhic victory for One Rock Capital and the U.S. Commerce Department. The wreckage will be tens of thousands of media jobs lost to the wind while ...
Yesterday, the U.S. Commerce Department announced final results of the Anti-dumping Duty (AD) investigation on imports of Cold-drawn Mechanical Tubing from China, Germany, India, Italy, Korea, and Switzerland. The investigation was initiated based on petition filed by ArcelorMittal Tubular Products ...
It would be misleading to say Xi's pledge this week was a concession to the United States, commerce ministry spokesman Gao Feng said at a regular press briefing in Beijing. China will not hesitate to fight back if the U.S. escalates the trade spat. Xi was merely outlining China's strategy to open up further, ...
Visitors to the Statue of Liberty stand in line to board a ferry that will cruise the bay around the statue and Ellis Island in New York. (Mary Altaffer / AP). Beth J. HarpazAssociated Press. That "Trump slump" we've been hearing about in travel may not be as bad it seems. The U.S. Department of Commerce says government ...
The dollar traded above ¥106.70 in early Tokyo trading after attracting buybacks overnight in trading overseas after U.S. Commerce Secretary Wilbur Ross made remarks in an interview suggesting the trade wrangling between the world's largest and second-largest economies might be resolved through ...
U.S. Commerce Secretary Wilbur Ross appears to be confident the developing trade conflict between the U.S. and China will come to a resolution in due time — though he didn't suggest when that time could actually come. Speaking on CNBC's Squawk Box on Wednesday, Ross said, “Think about it: Even ...
Commerce Secretary Wilbur Ross (centre), US Trade Representative Robert Lighthizer, with US President Donald Trump delivering remarks before signing a memorandum on tariffs on high-tech goods from China, at the White House, March 22, 2018. — Reuters picWASHINGTON, April 4 — US Commerce ...
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later. “It wouldn't be surprising at all if the ...
(Adds quotes from Ross) WASHINGTON, April 4 (Reuters) - U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later. "It wouldn't be ...
JOE KERNEN: CHINA IS PROMISING COUNTER MEASURES AFTER THE TRUMP ADMINISTRATION PROPOSED SLAPPING 25% TARIFFS ON SOME 1,300 INDUSTRIAL TECHNOLOGY, TRANSPORT AND MEDICAL PRODUCTS. JOINING US NOW FIRST ON CNBC COMMERCE SECRETARY ...
U.S. Commerce Secretary Wilbur Ross' last-minute decision to ask the question changes policy that's been in place since the 1950's. And if it's allowed to be asked, states like Texas with large immigrant populations stand to lose federal funding and potentially seats in Congress, both of which are based on ...
ZAGREB, April 3, 2018 - A commemoration was held in the Ronald Brown Memorial House in the southern Adriatic city of Dubrovnik on Tuesday marking the 22nd anniversary of the death of U.S. Secretary of Commerce Ronald H. Brown and 34 other passengers aboard the U.S. airplane Boeing 737 which ...
GREAT BARRINGTON, Mass. (AP) — A Trump administration cabinet member will be spending some time in the Berkshires. The Berkshire Eagle reports Commerce Secretary Wilbur L. Ross Jr. has purchased a Revolutionary War era home on 18 acres in the western Massachusetts town of Great ...
FILE - In this April 17, 2007, file photo, now-U.S. commerce secretary Wilbur Ross speaks at the NanoBusiness Alliance Conference in New York. A Trump administration cabinet member will be spending some time in the Berkshires. The Berkshire Eagle reports Commerce Secretary Wilbur L. Ross Jr. has ...
US Secretary of Commerce Wilbur L. Ross Jr. may soon be seen around the Berkshires. The wealthy investor is listed as the manager and signatory of a newly formed Massachusetts company bearing his name that recently purchased a home on 18 acres on the border of Great Barrington and Alford for ...
The US Commerce Secretary Wilbur Ross, speaking to BBG TV, was noted saying that steel tariffs won't raise inflation and that the US is open to trade talks with Europe. He was further quoted saying that the US President Trump's announcement on China tariffs are coming shortly and would be aimed at ...
Last night, the U.S. Commerce Department announced the initiation of investigation into imports of Laminated Woven Sacks from Vietnam. The investigations was initiated based on petition filed by Laminated Woven Sacks Fair Trade Coalition and its individual members, Polytex Fibers Corporation ...
Former U.S. Ambassador to China Gary Lock says President Donald Trump's plan to impose $60 billion in tariffs on Chinese imports will cost Boeing. "China is just going to order more Airbus and fewer Boeing airplanes," Locke told the Business Journal this week. "A few years from now, the number of ...
In the context of a provocation from Beijing, a senior U.S. commerce official reassured Taiwan that United States still highly values economic ties with the island nation. The Chinese regime, in response to U.S. pressure that it act to reduce the enormous trade imbalance between the two countries, has ...
BEIJING (REUTERS) - China does not want a trade war with the United States, but it won't accept any negotiations if they are hijacked unilaterally, China's commerce ministry said on Thursday (March 29). China opposes US intimidation on trade, ministry spokesman Gao Feng told a regular briefing in ...
The U.S. Commerce Department announced late Monday that it would add the citizenship question to help enforce the Voting Rights Act (VRA) by providing more data on the citizen voting age population. The department noted that almost every decennial census between 1820 and 1950 asked about ...
U.S. Commerce Secretary Wilbur Ross said Saudi Arabia's plans to diversify its economy could have an even greater impact than the kingdom's initial development of oil 80 years ago. Ross spoke at a summit of U.S. and Saudi business leaders in New York City, where Crown Prince Mohammed bin ...
By contrast, the U.S. shipped to South Korea fewer than 53,000 autos, worth just $1.5 billion, according to the U.S. Commerce Department. The United States says South Korea has used nontariff barriers, such as rigorous customs inspections, to block U.S. products. Trump's complaints about South Korean ...
Taipei, March 28 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, confirmed Wednesday that its chairman, Morris Chang (張忠謀), met recently with a U.S. commerce official, but declined to divulge further details. Chang met with U.S. Deputy Assistant ...
U.S. Commerce Secretary Wilbur Ross announced his decision Monday in an eight-page memo. Ross wrote that he has decided to place a citizenship question on the census, while also asking the federal government to update its administrative records so the two can be matched. He said this would allow ...
The US Secretary of Commerce, Wilbur Ross, speaking to Fox News on the recently introduced import tariffs in the US, was noted saying that we are ending up with negotiation deals, not trade wars. Additional quotes: • There will be limitations on China investment in the US. • US, South Korean FTA deal ...
Last week, President Donald Trump signed off on a fresh list of tariffs on $60 billion of imports from China, despite strong opposition from the tech and retail industries. Hours later, China retaliated with its own tariff orders on $3 billion of U.S. imports (a response that U.S. commentators deemed “muted”) with ...
Brent and WTI crude oil futures dipped on Monday as concerns of a looming trade dispute between China and the US weighed on global markets. In Asia, Shanghai crude oil futures debuted strongly, both in terms of volume and prices, with front-month contracts soaring as much as 6 percent as investors ...
The petition, filed with U.S. Commerce Secretary Wilbur Ross and the National Oceanic and Atmospheric Administration, is a first step, officials said, toward changing a decades-old quota that leaves New York fishermen with just 7.6 percent of a catchable annual allocation for fluke up and down the East ...
HOUSTON and NEW YORK (Bloomberg) -- What would it take for China to reduce its trade gap with the U.S.? Buy more natural gas, for a start, says Secretary of Commerce Wilbur Ross. Diverting its purchases from other countries to America would be the “simplest” solution, Ross said during an interview ...


 

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