The export licensing pauses and delays since the Trump administration took over in January are in conflict with the president’s stated goal of boosting American exports and opening new markets for U.S. companies, said Ron Kirk, a former U.S. trade representative.
Malaysia's July export license mandate for shipments of U.S.-origin advanced AI semiconductors could be a precursor to the U.S. carving out Malaysia from upcoming rules on advanced chip exports, a former Bureau of Industry and Security official said.
The Census Bureau is finalizing a rule that will expand the types of parties responsible for submitting export filings for in-transit shipments that are imported to the U.S. from foreign countries before being exported to another foreign destination. The agency also is adding new language to acknowledge that those parties rely on information from others to make sure the shipments comply with export controls, said it plans to eventually move forward with a new country of origin reporting requirement for in-transit exports, revised its detention for "ultimate consignee" and made other clarifications to the Foreign Trade Regulations.
Treasury Secretary Scott Bessent this week echoed earlier comments from the White House that said the administration is open to expanding its Nvidia and AMD revenue-sharing export arrangements to other companies or industries (see 2508120049). He said the U.S. is OK negotiating export controls over Nvidia’s H20s chips because they present no national security issues.
A U.S. cryptocurrency trading software company has reached a proposed $2.4 million settlement with the Office of Foreign Assets Control to resolve allegations that it violated U.S. sanctions, the company disclosed this week.
The Trump administration may consider expanding the revenue-sharing arrangements that it reached with Nvidia and AMD to other U.S. companies, the White House said this week.
Pacific Biosciences of California, an American biotechnology firm, said it recently informed the Bureau of Industry and Security about possible export violations involving China.
Semiconductor companies Nvidia and AMD are expected to pay the U.S. government a portion of the profits they earn from selling certain controlled chips to China, an arrangement that has sparked concerns and questions among exporters, lawmakers and former government officials.
U.S. export controls have so far helped American chip companies maintain technological dominance over Chinese ones, a technology policy expert said this week, which suggests the Trump administration should rethink its decision to allow sales of H20 chips to China (see 2507150013).
The Committee on Foreign Investment in the U.S. last year nearly doubled its site visits and opened multiple investigations on possible filing violations stemming from voluntary disclosures, CFIUS said in its annual report released this week.