Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
The leaders of the House Select Committee on China said Feb. 25 that Congress should pass legislation restricting U.S. outbound investment in China despite a recent move by the Trump administration to address the issue.
Matt Borman, a longtime senior career official overseeing export control regulations at the Bureau of Industry and Security, is expected to leave BIS soon, according to two people familiar with the matter.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Commerce Department this week to decline to give the Elon Musk-led Department of Government Efficiency (DOGE) access to confidential business data, including information disclosed in export license applications filed with the Bureau of Industry and Security.
A new White House memo on President Donald Trump’s “America-first investment policy” previews efforts to expand both inbound and outbound foreign investment restrictions, tamp down on the use of mitigation agreements, fast-track investment deals from certain allies and more.
Many opportunities exist to increase the effectiveness of U.S. financial sanctions, researchers said during a Feb. 20 hearing of the congressionally mandated U.S.-China Economic and Security Review Commission.
Any potential U.S.-Russia agreement to end the war in Ukraine will likely take at least a year to come to fruition, researchers and policy experts said, although some U.S. sanctions could be lifted in the meantime.
The U.S. has so far declined to tell the EU how it chose the 18 countries that will benefit from mostly unrestricted access to advanced artificial intelligence chips under the Bureau of Industry and Security’s AI diffusion rule, the European Commission’s chief trade enforcement officer said this week, making it “very difficult” for EU officials to negotiate lifting the restrictions.
The Bureau of Industry and Security is facing a backlog of export license applications and a barrage of questions from industry after applications were put on hold earlier this month, although the agency hopes to see processing slowly return to normal as political appointees are put in place, Export Compliance Daily has learned.
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.