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U.S. Department of Commerce
@CommerceGov
Welcome to the official X feed of the U.S. Department of Commerce, led by Secretary Howard Lutnick.
Joined February 2010
376 Following    456.6K Followers
🇺🇸 As a direct result of President Trump’s U.S.-Japan trade deal, Japan will provide up to $21 BILLION to build two new semiconductor factories in upstate New York. 🏭 GlobalFoundries will operate the two factories, which will create tens of thousands of high-paying American jobs across manufacturing, construction, and the broader semiconductor industry. Commerce is also redirecting up to $955 million in existing CHIPS funding to bring critical chip production back to America and reduce our reliance on foreign manufacturers. This is President Trump’s trade agenda in action.
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