U.S. and multilateral sanctions and export controls imposed on Russia, Iran and North Korea have had only a limited effect due to China’s role in helping those countries evade the restrictions, the congressionally mandated U.S.-China Economic and Security Review Commission said in a report released Nov. 14.
The EU needs to overhaul its approach to export controls so it can better respond to rising extraterritorial restrictions by the U.S. and China, a European Parliament member told a conference of EU and U.S. government and industry officials last week.
Exporters should continue preparing to adhere to the Bureau of Industry and Security’s new Affiliates Rule, even though the Trump administration recently suspended it for a year, two compliance experts said Nov. 13 during a webinar hosted by the American Association of Exporters and Importers.
The Information Technology and Innovation Foundation (ITIF) asserted in a new report that controls on semiconductor sales to China should be kept to a minimum to ensure that U.S. chipmakers have enough revenue to develop new products, remain competitive internationally and sustain American jobs.
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The Treasury Department received mixed feedback about its decision to delay new regulations that were set to make investment advisers subject to anti-money-laundering (AML) and countering the financing of terrorism (CFT) requirements, a Biden-era effort that was meant to prevent criminals from hiding money in the U.S. and sanctioned companies from accessing sensitive technology through investments in American firms (see 2509230035 and 2507240021).
The Bureau of Industry and Security released a notice Nov. 10 officially suspending its Affiliates Rule for one year, as expected (see 2510310020). The stay of the rule, which applied Entity List prohibitions to unlisted entities owned at least 50% by companies on the Entity List, takes effect immediately.
The Bureau of Industry and Security released a final rule Nov. 10 removing Chinese affiliates of Arrow Electronics from the Entity List, effective immediately.
The Defense Department will transfer oversight of its defense export functions from its policy head to its acquisition chief as part of a broader bureaucracy streamlining effort, Defense Secretary Pete Hegseth announced Nov. 7.
Allowing Nvidia to sell its B30A chip to China would undermine the Trump administration’s export control strategy and broader technology policy goals, researchers with the Institute for Progress think tank said this week.