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The Latest Breaking News from Gina Raimondo

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

WEKU

TikTok CEO says company is 'not an agent of China or any other country'

The boss of the hit video-sharing app testify on Capitol Hill on Thursday in an attempt to assuage growing fears about the app's connections to China.

WEKU

Biden has big ideas for fixing child care. For now a small workaround will have to do

The administration is turning to semiconductors in the hopes of expanding affordable child care.

WEKU

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China ‘Is Open’ to a Visit by U.S. Commerce Secretary

Ministry of Commerce cites importance of dialogue in response to comment by Gina Raimondo in an interview

Caixin Global

GOP senators: Computer chip money underwriting 'woke' agenda

Republican senators says the Biden administration is taking $39 billion in federal money that's meant to build computer chip factories and using it to further “woke” ideas such as requiring some recipients to offer child care and encouraging the use of union labor

The Independent UK

US govt to chip makers: Share profits if you want subsidies

The plan requires firms that want subsidies to share future profits with government and provide childcare for employees.

Al Jazeera

Commerce Department launches applications for chips funding

WASHINGTON — The U.S. Commerce Department opened applications Tuesday for $39 billion in funding for semiconductor chip manufacturing, kicking off unprecedented federal spending in the tiny component that's crucial for modern technology and vehicles.

Tribune News Service

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Billions to spur US semiconductor manufacturing comes with strings attached

WASHINGTON – The Commerce Department is preparing to dole out $39 billion in semiconductor manufacturing incentives, an initiative expected to bring more factories – and jobs – to the U.S.

Tribune News Service

Commerce Dept. issuing aid to build computer chip plants

The Commerce Department is opening the application process for computer chip manufacturers to access $39 billion in government support to build new factories and expand production

The Independent UK

Raimondo seeks to rally US behind $52 billion chip program

The government's $52 billion investment to develop advanced computer chips has become a rare source of bipartisan agreement

The Independent UK

Raimondo channels CEOs' case for holiday cheer

In an interview with Axios, she says CEOs are "reasonably optimistic" about the economy.

Axios

Commentary: Corporate America thrives where abortion is protected

Gina Raimondo doesn't “know why any woman would want to live in a state that criminalizes full access to health care.” The assertion by the 40th U.S. Secretary of Commerce is especially relevant after the Supreme Court's 6-3 ruling on Dobbs v. Jackson Women’s Health Organization in June that upheld…

Tribune News Service

Raimondo: US isn't seeking to sever economic ties with China

The United States isn’t seeking to sever economic ties with China — even as it takes steps to protect America’s technological and military prowess from Beijing

The Independent UK

U.S. Commerce secretary: Competing with China not 'easy'

U.S. Commerce Secretary Gina Raimondo said on Wednesday Washington must do more to counter China while insisting the world's two largest economies should not isolate from each other.

Reuters

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The Independent UK

Magaziner and Fung face off for Rhode Island US House seat

Rhode Island voters are deciding whether the Democratic Party will maintain its three-decade hold on the U.S. House seat being vacated by longtime Democratic Rep. Jim Langevin, or if a Republican will join the delegation

Radio France Internationale

US President signs executive order on US-EU personal data privacy

US President Joe Biden signed an executive order on Friday designed to protect the privacy of personal data transfers between the EU and the United States and address European concerns about US intelligence collection activities.

Reuters

Biden signs order to implement EU-U.S. data privacy framework

U.S. President Joe Biden on Friday signed an executive order to implement a European Union-United States data transfer framework announced in March that adopts new American intelligence gathering privacy safeguards.

The Independent UK

Biden order promises EU citizens better data privacy

President Joe Biden has signed an executive order designed to allay European concerns that U.S. intelligence agencies are illegally spying on them

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The Independent UK

UK economic strategy is ‘cautionary tale’, says top Joe Biden official

‘We’re pursuing a different strategy’, says US commerce secretary

Reuters

S.Korea's Yoon asks Biden to resolve concerns over EV subsidy rules

South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul's concerns that new U.S. rules on electric vehicle subsidies will hurt the country's automakers, Yoon's office said on Thursday.

Reuters

Mexico lauds U.S. commerce secretary for stance on energy spat

Mexican President Andres Manuel Lopez Obrador on Tuesday hailed U.S. Commerce Secretary Gina Raimondo for her attitude in talks this week, saying she gave no indication of wanting to punish Mexico over an energy dispute between the two countries.

Asharq Al-Awsat

US, Asian Alliance Agree on 4 Economic Sectors to Counter China

The United States and a group of Asian allies on Friday agreed on a set of negotiating targets, as Washington looks to offer an alternative to the economic might of China in the region. At the first ministerial for the Indo-Pacific Economic Prosperity Framework (IPEF), officials sketched the basis for…

Bangkok Post

US, Indo-Pacific countries agree on roadmap to strengthen trade ties

WASHINGTON: The United States and 13 Indo-Pacific countries on Friday agreed on parameters for negotiating closer trade, environment and economic ties that US Commerce Secretary Gina Raimondo said would boost investment and jobs in the partner countries.

The Times of India

India stays out of Indo-Pacific trade pillar

LOS ANGELES: India has chosen to opt out from joining the trade pillar of Indo-Pacific Economic Framework’s (IPEF) for its legitimate concerns regarding the possibility of binding conditionalities linking the same to issues like environment and labour. Union commerce minister Piyush Goyal listed the reasons for opting this decision —…

Reuters

U.S., Indo-Pacific countries agree on roadmap to strengthen trade ties

The United States and 13 Indo-Pacific countries on Friday agreed on parameters for negotiating closer trade, environment and economic ties that U.S. Commerce Secretary Gina Raimondo said would boost investment and jobs in the partner countries.

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