Three House Democrats introduced a bill Aug. 22 that would require Congress, not just the executive branch, to approve the sale of certain advanced AI chips to China.
The Trump administration is likely still working out how to implement its supposed revenue-sharing chip export deal with Nvidia, including whether the agreement is allowed under U.S. law, a former U.S. diplomat said.
The EU will buy at least $40 billion worth of advanced American AI chips, will strengthen cooperation on export controls and investment screening, and will eliminate tariffs on U.S. industrial and other goods, the two sides said as part of a trade framework announced this week. The EU also committed to "substantially” increase purchases of U.S. defense equipment and said it will work to limit adverse effects of new supply chain due diligence rules and carbon border taxes on U.S. exporters.
The U.S., the EU and others should pursue tougher enforcement on Chinese companies that continue to supply Russia’s military industrial complex and continue to buy Russian oil, panelists said during an event this week hosted by the Peterson Institute for International Economics. One said the EU should consider automatically sanctioning any Chinese company whose products are found more than once in drones, missiles or other military items used by Russia.
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.
President Donald Trump signed into law Aug. 19 a bill that will require an annual report to Congress on certain dual-use license applications, the White House announced.
The more than $140 million U.S. penalty levied on California chip firm Cadence in July (see 2507290026) is the latest signal that companies should prepare for increasingly "aggressive" export control enforcement, especially for violators of technology controls against China, law firms said. One firm said it shows that the government expects companies to provide access to business information located in China -- even if that may violate China’s anti-foreign sanctions laws -- while another firm said it highlights the challenges companies face when determining whether a customer is a front company for a party on the Entity List.
The U.S. is holding off on imposing new sanctions against Russia because it believes those measures will undercut any chance of a peace deal between Russia and Ukraine “for the foreseeable future,” Secretary of State Marco Rubio said this week, despite calls from the EU and others to continue strengthening sanctions against Moscow.
Citing national security and legal concerns, seven Democratic lawmakers called on the Trump administration Aug. 15 to reverse its decision to allow Nvidia and AMD to sell certain controlled computing chips to China in exchange for a portion of their sales revenue.
Applied Materials, the largest American semiconductor equipment supplier, is expecting a drop in its China sales due to uncertainty around U.S. export controls and its high volume of pending license applications, executives said last week.