What will Gov. Gina Raimondo do in Washington if confirmed as President-elect Joe Biden s commerce secretary?
The U.S. Commerce Department is a sprawling, multi-part bureaucracy with responsibilities that stretch beyond helping businesses to protecting fish stocks, predicting the weather and counting the number of Americans. More recently it s even been charged with promoting economic activity in space.
Negotiating international trade deals, setting tariffs and promoting U.S. exports overseas is traditionally at the top of a commerce secretary s agenda, but like all other federal agencies, the job description depends on what the president decides it will be.
Current Commerce Secretary Wilbur Ross has been fairly low profile within the Trump administration, although he has been one of the few cabinet members to make it through Trump s full term.
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WASHINGTON/SHANGHAI (Reuters) -The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday.
Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies as he seeks to cement his hardline policy against Beijing during his final days in office.
Defense Department officials, who oversee the blacklist designations, have not yet finalized plans and are also discussing adding other Chinese firms to the list, the sources said, speaking on condition of anonymity because the deliberations are private.