"Commerce Secretary Raimondo Expresses Concern Over Impending Government Shutdown"

Commerce Secretary Gina Raimondo expressed concern that U.S. business leaders are "very worried" about a potential government shutdown if Congress fails to pass a short-term funding measure by the October 1 deadline. Raimondo emphasized the negative impact a shutdown would have on the economy and hopes for a speedy resolution. She also discussed her recent visit to China, where she opened lines of communication on export controls, commercial issues, and trade secrets, expressing concerns about transparency in Chinese business regulations. Raimondo stated that trust in the Chinese government will be determined by their actions in the future.