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Exports and foreign direct investment (FDI) are proven job generators. In 2022, it is estimated that exports directly and indirectly supported approximately 10.2 million jobs, or 6.7 percent of total U.S. employment. Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022.
The 2026 SelectUSA Investment Summit returns to National Harbor, Maryland, from May 3-6, 2026, to establish new connections and growth opportunities through investing in the United States.
Last week, the U.S. Department of Commerce held the 11th SelectUSA Investment Summit which was the largest Investment Summit in its history with over 5,500 attendees spanning over a record 100+ international markets and over 1,100 economic developers representing 54 U.S. states and territories and catalyzing nearly $1 billion in new investment announcements. “We are seeing a resurgence in foreign...
Today, U.S. Secretary of Commerce Howard Lutnick announced the latest speakers to join the growing list of high-level attendees, including CEOs and company executives, U.S. Cabinet Members, senior administration officials, and U.S. governors participating at the 2025 SelectUSA Investment Summit, scheduled for May 11-14 at the Gaylord National Resort and Convention Center in National Harbor...
Today, the United States and the United Kingdom announced a historic trade deal – providing unprecedented access to the U.K. markets while bolstering U.S. national security. The reciprocal tariff rate of 10%, as originally announced on Liberation Day, will remain. The trade deal will increase tariff revenue dramatically, bringing in billions of dollars in new revenue. The deal removes longstanding...
Today, U.S. Secretary of Commerce Howard Lutnick announced the first wave of global business leaders, and U.S. Governors participating at the 2025 SelectUSA Investment Summit, scheduled for May 11-14 at the Gaylord National Resort and Convention Center in National Harbor, Maryland. “President Trump’s America First Investment Policy is revitalizing our economy and making the United States of...
On Friday, U.S. Secretary of Commerce Howard Lutnick hosted a signing ceremony for a major commercial agreement between Korean Air and American aviation leaders Boeing and GE Aerospace, valued at approximately $32 billion. The agreement covers Korean Air’s purchase of up to 50 widebody aircraft manufactured by Boeing using GE Aerospace engines. The event underscored the Trump administration’s...
U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer met with Secretary of State for Business and Trade Jonathan Reynolds and the Prime Minister’s Special Adviser on Business and Investment Varun Chandra to discuss a potential bilateral trade agreement following last month’s meeting between the President and United Kingdom Prime Minister Keir Starmer. During the...
U.S. Secretary of Commerce Howard Lutnick and U.S. Trade Representative Jamieson Greer met today with Canadian Minister of Finance Dominic LeBlanc, Ontario Premier Doug Ford, Canadian Minister of Innovation, Science, and Industry François-Philippe Champagne, and Canadian Ambassador to the United States Kirsten Hillman in advance of the April 2nd reciprocal tariff deadline to discuss the Trump...