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The Latest Breaking News from Commerce

Senate college sports bill authors plan talks with House

The authors of a Senate college sports bill say it’s time to bring House Republicans and Democrats into discussions, as the clock is ticking to get the measure to President Donald Trump’s desk before the long August recess. Senate Commerce Committee ranking member Maria Cantwell, D-Wash., said the push to…

Roll Call

AI is plowing through the workplace. This new group wants to help people adapt and have jobs

A newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from artificial intelligence advancements. Co-founded by former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb, this organisation plans to collaborate with states and corporations to offer retraining…

The Economic Times

US lawmaker introduces bill to require AI companies to report critical incidents

The draft legislation, introduced by U.S. Representative Nathaniel Moran of Texas, would mandate AI companies to report to the U.S. Commerce Department within seven days of discovering dangerous activity, with Commerce required to notify ‌Congress within ⁠48 hours ⁠of the most serious incidents.

The Economic Times

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'Stupid, Costly, and Deadly': Trump Admin Blasted for Spending $11 Billion to Pay Federal Workers Not to Work

A new Public Citizen report says Donald Trump's Deferred Resignation Program paid nearly 140,000 US federal workers at least $11 billion not to work.

International Business Times UK

US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimate

The U.S. economy expanded at a solid and unexpected 2.1% annual pace from January through March, the Commerce Department reported Thursday in its final estimate of first-quarter growth

The Independent UK

On Marijuana and Guns, Clarence Thomas Still Wants To Limit Federal Power

The conservative justice continues to wage a lonely legal crusade over the Commerce Clause.

Reason

Fertiliser supply situation eases

Worries about fertiliser supply have eased after Thailand-bound cargo ships were allowed passage through the Strait of Hormuz, but the government is still seeking additional sources of supply, the commerce minister said on Monday.

Bangkok Post

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India, US to hold ministerial-level talks on bilateral trade pact this week

In a significant development, India and the US are set to conclude the first phase of their trade agreement this week. Commerce Minister Piyush Goyal is scheduled to meet US Trade Representative Jamieson Greer, with discussions geared towards finalizing an interim deal before the July 24 deadline, coinciding with the…

The Economic Times

100 eateries targeted in anti-proxy blitz

The Commerce Ministry has intensified scrutiny of suspected nominee businesses, with officials examining more than 100 foreign-linked restaurants in Huai Khwang as part of a wider nationwide crackdown.

Bangkok Post

Lutnick’s Anthropic crackdown claims new power over AI models

The US government has taken an unprecedented step, using export control laws to restrict foreign access to advanced AI models from Anthropic. This move, citing national security concerns over potential 'jailbreaks,' has sparked debate about government intervention in AI development and usage. Industry experts warn this could lead to broader…

The Economic Times

ASML denies US government report that its EUV chipmaking tool was shipped to China — says 'rumors' are 'inaccurate and damaging to our reputation'

U.S. Commerce Secretary Lutnick expresses concerns in a conversation with ASML executives that China has an EUV lithography system as ASML denies shipping such scanners to the PRC.

Tom’s Hardware

The week that changed AI: Inside Trump's Anthropic crackdown, and how a phone call from Amazon CEO Andy Jassy triggered the chaos

The fight over Anthropic’s Mythos model is rewriting the rules of AI regulation, with consequences for the trillion dollar startup, the AI industry, and global security.

Fortune

US holds off blacklisting China's DeepSeek, more than 100 firms deemed security risks, sources say

DeepSeek, CXMT and other companies were approved by an interagency committee last year for addition to the Commerce Department's Entity List, which is being reported for the first time. Reuters is also exclusively reporting the large number of companies awaiting publication on the list.

The Economic Times

U.S. held back blacklisting DeepSeek, over 100 Chinese firms despite security concerns, sources say

America has delayed adding over 100 Chinese firms, including AI startup DeepSeek and chipmaker CXMT, to a trade blacklist. These companies were flagged for national security risks. The US aims to prevent further escalation of tensions with Beijing.

The Economic Times

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The Economic Times

India, UK working to resolve issues for trade pact implementation

India and the UK are actively resolving issues impacting their free trade agreement. Discussions are underway in London to operationalize the deal. Key concerns include the UK's steel safeguard measure and carbon Border Adjustment Mechanism. These measures could affect Indian exports. India is also engaged with the EU regarding proposed…

The Economic Times

India's trade with West Asia gradually improving: Commerce Secy

India's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports also declined significantly. The conflict impacted shipping routes like the Strait of Hormuz. Despite challenges, Indian exporters are utilizing Omani ports. A peace deal between the US…

The Economic Times

USTR arrives June 22 for trade talks; Commerce Secretary says US-Iran deal should bring lasting peace

India's trade data for May 2026 shows robust export growth. Merchandise exports rose 18 percent year-on-year. Commerce Secretary Rajesh Agrawal welcomed the US-Iran peace agreement. He expressed hope for regional stability. Discussions are ongoing for a trade agreement with the US. The US Trade Representative is expected to visit India…

International Business Times UK

Anthropic's Top AI Scientist Locked Out of His Own Company's Most Powerful AI Because He's Not American

US Commerce Department forced Anthropic to disable Claude Fable 5 and Mythos 5 worldwide, locking out top AI scientist Andrej Karpathy, along with hundreds of millions of users.

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International Business Times

Anthropic Disables Fable, Mythos, After US Directive To Block Access To Foreigners

The US decision, communicated in a notice Commerce Secretary Howard Lutnick sent to Anthropic CEO Dario Amodei, is seen as an escalatory move by the Trump administration.

Roll Call

Bipartisan bill targets government censorship threats

A Biden-era push to remove certain social media posts about COVID-19 and the 2020 election and more recent pressure by the Trump administration against TV broadcasters have brought together a bipartisan Senate duo to try and prevent indirect government censorship. Senate Commerce Chairman Ted Cruz, R-Texas, and Sen. Ron Wyden,…

Bangkok Post

Govt scrambles for markets

The government is seeking new markets for Thai shrimps after Malaysia announced an import suspension earlier this month, says Commerce Minister Suphajee Suthumpun.

Bangkok Post

Malaysia's ban sparks market hunt

The government is accelerating efforts to open alternative markets for Thai shrimp after Malaysia suspended imports of five species, with authorities seeking to prevent a decline in farm-gate prices and cushion the impact on farmers.

Bangkok Post

Govt ramps up UK trade ties to boost OECD bid

Thailand and the United Kingdom have agreed to strengthen trade and economic cooperation as Bangkok pushes ahead with its goal of joining the OECD by 2028, Commerce Minister Suphajee Suthumpun said.

Caixin Global

Business Brief (June 1): China’s Commerce Ministry Warns EU Over Trade Measures

AI and EV growth squeezes copper supply, securities industry group issues draft guidelines on cross-border data flows

The Independent UK

Howard Lutnick donated $5M to House Republicans right before his testimony on Epstein case: report

The commerce secretary made the donation ‘in his personal capacity,’ an agency spokesperson said

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