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The Latest Breaking News from Gina Raimondo

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

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

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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

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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

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

The Independent UK

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.

Radio France Internationale

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.

Reuters

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

The Independent UK

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

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

The Independent UK

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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.

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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.

Bangkok Post

Amazon, Apple and Google pledge training for women in Indo-Pacific

Fourteen US companies including Amazon.com Inc and Visa Inc each pledged to provide at least 500,000 digital training and education opportunities for women and girls in the Indo-Pacific region as part of a Biden administration initiative.

The Guardian - UK

US bans ‘advanced tech’ firms from building facilities in China for a decade

Move comes as Biden administration outlines plans to boost domestic production of semiconductors

Tribune News Service

Commerce Department unveils semiconductor chip implementation plan

The U.S. Department of Commerce detailed Tuesday how it plans to roll out around $50 billion in funding for domestic semiconductor chip manufacturing.

The Independent UK

Biden touts legislative record as midterms approach

The news is filled with stories about investigations into former President Donald Trump and the fallout over the Supreme Court's ruling on abortion

The Independent UK

LOCALIZE IT: $1B from Biden admin for 21 economic projects

EDITORS/NEWS DIRECTORS:

The Independent UK

Biden administration awards $1 billion for economic projects

Commerce Secretary Gina Raimondo is announcing $1 billion worth of federal grants for manufacturing, clean energy, farming, biotech and other sectors

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