Nearly 90 Republican lawmakers urged the Commerce Department March 5 to rescind a Biden administration interim final rule (IFR) restricting firearms exports, saying the controls hurt American businesses.
Sen. Mark Warner, D-Va., a senior member of the Senate Banking Committee, said March 4 he’s concerned that the recent departure of key personnel at the Bureau of Industry and Security could impede the agency’s ability to prevent China from obtaining sensitive U.S. technology.
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China and Canada announced new retaliatory trade restrictions against the U.S. -- and Mexico announced plans to soon release its own set of countermeasures -- after President Donald Trump's administration on March 4 increased tariffs on goods from all three countries. Industry associations said the counter-duties could damage a range of American export industries, including shippers of agricultural products, spirits and other commercial goods.
The Trump administration plans to build international support for using sanctions to counter Iran’s nuclear weapons program, deputy secretary of state nominee Christopher Landau said March 4.
Everspin Technologies, a semiconductor firm based in Arizona, disclosed to the Bureau of Industry and Security that it may have violated U.S. export controls.
The Trump administration appears likely to ramp up export controls against China with an aim of decoupling, two former senior U.S. economic officials said.
The Bureau of Industry and Security for the past month has been led by a key Project 2025 contributor entrusted by the Trump administration with overseeing an export control policy review, an effort that resulted in a licensing pause and coincided with multiple senior career employees leaving the agency. BIS resumed processing and approving certain license applications around the same time the Trump official was removed from his position late last month, Export Compliance Daily has found.
Microsoft this week urged the Trump administration to rethink portions of a Biden-era rule that placed global export controls on certain shipments of advanced artificial intelligence chips, saying the rule will have unintended negative consequences on the American technology industry.
Jeffrey Kessler, President Donald Trump’s choice to lead the Bureau of Industry and Security (see 2502040059), said at his Senate nomination hearing Feb. 27 that he has reservations about the agency’s latest export controls on advanced artificial intelligence chips and wants to scrutinize them. He also testified that he plans to examine whether BIS needs more resources and a reorganization.