The Commerce Department again renewed a temporary export denial order for Mahan Airways, saying that the Iranian airline continues to violate the order and the Export Administration Regulations. In its Oct. 31 notice, Commerce said Mahan, which has been on the banned list since 2008, has continued flights between Iran and Russia, China and Pakistan in violation of U.S. export controls. BIS extended the denial order for one year.
The U.S. will suspend the Bureau of Industry and Security’s 50% rule for one year in exchange for Beijing postponing its export restrictions on rare earths for one year, the two sides announced Oct. 30.
The Trump administration has signaled that it may not waste time in enforcing the Bureau of Industry and Security’s new 50% rule, said Gavin Proudley, head of third-party risk proposition at Dow Jones, during the International Compliance Professionals Association's fall conference this week in Texas.
Nvidia’s Blackwell AI processors, the company’s latest advanced AI chip, will be part of trade negotiations in talks with China this week, President Donald Trump told reporters Oct. 28.
The U.S. and Japan this week agreed to improve “technology protection” measures and enforcement coordination as part of a new Technology Prosperity Deal. Japan also agreed to pursue new sanctions against the Russian shadow fleet, strengthen foreign investment reviews and commit to work with the U.S. to strengthen critical minerals supply chains.
It seems unlikely that the Bureau of Industry and Security could withdraw its new 50% rule either due to industry pushback or as part of trade negotiations with China, said Matt Axelrod, the former BIS export enforcement chief.
The Treasury Department should endorse a protocol that would allow financial institutions to prove that a digital-asset wallet holder isn’t subject to U.S. sanctions while keeping that holder’s identity private, consulting firms and digital-assets companies told the agency.
The Trump administration said it has secured, or soon will secure, commitments from Malaysia, Thailand, Cambodia and Vietnam to cooperate on export controls, investment restrictions and other economic-security-related trade measures.
The U.S. has removed its arms embargo on Cambodia because of the country's "diligent pursuit of peace and security," the State Department's Directorate of Defense Trade Controls announced Oct. 27.
Most respondents to an Aerospace Industry Association survey on the AUKUS defense trade exemption said they view the change positively, although they believe the scope of the exemption may need to be expanded and the State Department’s Excluded Technology List should be revised. They also said the U.S., Australia and the U.K. should publish clearer guidance on the authorized user enrollment process to address “inconsistencies across the three jurisdictions.”