U.S.A.:DOC Public Affairs

 

Department of Commerce Posts 2nd Quarter Gross Domestic Product to the Blockchain August 28, 2025 The Department of Commerce announced that it will begin posting real gross domestic product (GDP) data on the blockchain beginning with the July 2025 data. GDP increased at an annual rate of 3.3 percent in July 2025 according to the revised estimates released by the U.S. Bureau of Economic Analysis. This is the first time a federal agency has published economic statistical data like this on the blockchain, and the latest way the Department is utilizing innovative technology to protect federal data and promote public use. Read more Department of Commerce Takes Action Against the Biden Administration’s Unlawfully Established Operator of the National Semiconductor Technology Center, “Natcast” August 25, 2025 Secretary Howard Lutnick announced that effective immediately, the National Institute of Standards and Technology (NIST) will assume operational responsibility for the National Semiconductor Technology Center (NSTC) from the National Center for the Advancement of Semiconductor Technology Center (Natcast). NSTC’s operations will be reformed to align with statutory requirements and increase transparency. Read more Joint Statement on a United States-European Union Framework on an Agreement on Reciprocal, Fair, and Balanced Trade August 21, 2025 The United States and the European Union are pleased to announce that they have agreed on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade (“Framework Agreement”). This Framework Agreement represents a concrete demonstration of our commitment to fair, balanced, and mutually beneficial trade and investment. This Framework Agreement will put our trade and investment relationship – one of the largest in the world – on a solid footing and will reinvigorate our economies’ reindustrialization. It reflects acknowledgement by the European Union of the concerns of the United States and our joint determination to resolve our trade imbalances and unleash the full potential of our combined economic power. Read more U.S. Departments of Commerce, Labor, Education Unveil Workforce Development Strategy to Fuel ‘Golden Age’ of the American Economy August 13, 2025 The U.S. Departments of Commerce, Labor, and Education today published a milestone report, America’s Talent Strategy: Equipping American Workers for the Golden Age, which presents a bold vision and concrete actions to transform the federal government’s approach to workforce development. The strategy outlines the Trump Administration’s blueprint for how it will prepare the workforce to seize the opportunities of President Trump’s America First economic agenda and power the nation’s entry into a new Golden Age of economic growth. Read more Joint Statement on Protecting American Consumers and Shipping Industries by Defeating the International Maritime Organization’s “Net-Zero Framework” aka Global Carbon Tax August 12, 2025 The text of the following statement was released by Secretary of State Marco Rubio, Secretary of Commerce Howard Lutnick, Secretary of Energy Chris Wright, and Secretary of Transportation Sean Duffy. Begin Text: President Trump has made it clear that the United States will not accept any international environmental agreement that unduly or unfairly burdens the United States or harms the interests of the American people. This October, members of the International Maritime Organization (IMO) are poised to consider the adoption of a so-called “Net-Zero Framework,” aimed at reducing global greenhouse gas emissions from the international shipping sector. Read more

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