The Latest Breaking News from Commerce

China's president says success for the U.S. and China can be mutually beneficial. U.S. Commerce Secretary Gina Raimondo says that the reality is a bit more complicated than that.

The US Commerce Secretary, Gina Raimondo, is determined to stop cutting-edge AI chips from getting into China's hands and has warned companies that seek to follow the letter but not the spirit of the law.

A stopgap spending measure to keep the government operating into early 2024 is headed to President Joe Biden's desk.

The House left for its Thanksgiving break after a GOP revolt led to the defeat of the rule for floor debate on two pieces of legislation.

Union Minister for Commerce and Industry Piyush Goyal on Monday (local time) visited Tesla's manufacturing facility in California's Fremont and said that the US electric car maker is on its way to double its components imports from India.

Tesla plans to double components imported from India, according to Commerce & Industry Minister Piyush Goyal. He visited Tesla's Fremont facility but was unable to meet Elon Musk. Last year, Tesla bought $1 billion of components from India and is aiming to source $1.7-$1.9 billion this year

The U.S. International Trade Commission (ITC) recently issued an order that could prohibit imports of some Apple Watch products.

Guidance from the Treasury Department will spell out how hard a line the U.S. is drawing against electric vehicles with battery parts or minerals sourced from China.

The White House is poised to make an all-hands effort to impose national rules on a fast-moving technology, according to a draft executive order.