The Latest Breaking News from the Commerce Department

Lumber, especially softwood lumber like pine and spruce, is critical to U.S. home construction. Its availability and price directly affect housing costs and broader economic activity in the building sector. The U.S. imports about 40% of the softwood lumber the nation uses each year, more than 80% of that from…

Trump exempted imported chips from his reciprocal tariffs in April. Now he's threatening them with 100 percent rates.

The US economy rebounded this spring from a first-quarter downturn caused by fallout from President Donald Trump's trade wars.

The US Commerce Department of the Trump administration has pulled back billions of dollars in funding for a non-profit aimed at promoting US chip design and fabrication, suggesting that its appointment under the Biden administration somehow made it inappropriate for distributing taxpayer funds.

It makes little sense, but that's what happens when you give the president unchecked, unilateral tariff powers.

US president says he directed the Commerce Department to immediately work on a ‘new and highly accurate’ survey.

The defendants allegedly received $1 million payments from China-based companies.

The U.S. Commerce Department is so behind on approving export licenses that billions of dollars worth of GPUs and other products are stuck in limbo waiting to be shipped, in the worst case of license stalling in over 30 years.

Nvidia has ordered 300,000 H20 GPUs from TSMC as Chinese demand surges, despite political backlash over national security risks. The U.S. still hasn’t approved export licenses, but Nvidia aims to retain its foothold in China’s AI market, where rivals like Huawei are gaining ground.