Treasury Secretary Scott Bessent suggested the White House may be in favor of a bill that would authorize new sanctions and tariffs against Russia’s supporters, and he urged the EU to put in place similar measures.
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The Senate Banking Committee voted 13-11 along party lines July 23 to approve David Peters' nomination as assistant secretary of commerce for export enforcement.
The U.S. should impose new export controls on the subsystems of semiconductor manufacturing equipment and double down on enforcement for exports of advanced AI chips, including by potentially mandating that chip exporters use location-tracking features, the White House said in its new AI action plan. While the plan calls for tighter controls against China and other “strategic adversaries,” it also said the U.S. should strike deals with other countries to export American AI systems around the world.
Commerce Secretary Howard Lutnick said that where the line should be drawn on export controls will be on the table during negotiations with Chinese officials in Stockholm next week.
Lawmakers expressed concerns this week that the Federal Maritime Commission may not have enough resources to continue reforming ocean shipping regulations and enforcing existing shipping laws, particularly after a host of employees resigned from the agency this year.
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People in the News
July 18, 2025
White House Nominates USTR Chief Agricultural Negotiator
The White House has nominated Julie Callahan, the assistant U.S. trade representative for agricultural affairs and commodity policy, to be chief agricultural negotiator for the Office of the U.S. Trade Representative. Callahan previously held positions at the FDA and USDA's Foreign Agricultural Service.
Semiconductor Association Hires Former State Department Official
The Semiconductor Industry Association has hired Jaclyn Kellon, a former State Department official, to join its global policy team as a director. Kellon will work on supply chain security and cybersecurity matters with a focus on Southeast Asia and India, SIA said. She previously served as a foreign affairs officer in the State Department's Office of Critical Technology Protection, where she served as a technical expert on semiconductor technology policy topics.
Correction
Ted Posner, former assistant general counsel for international affairs at the Treasury Department, has joined Baker Botts as a partner in the international trade practice, the firm announced. Posner joined Treasury in October 2020, where he led a group of Treasury attorneys in advising agency officials on issues ranging from investment security to trade (see 2507150010).
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