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 recent export controls suspended by the Chinese government created a new framework for export controls that could quickly be reinstated should tensions between the U.S. and China flare up again, according to compliance experts.
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 Bureau of Industry and Security released a notice Nov. 10 officially suspending its Affiliates Rule for one year, beginning immediately. The stay of the rule, which applies Entity List prohibitions to unlisted entities owned at least 50% by companies on the Entity List, will run through Nov. 9, 2026, as expected.
The U.S. this week charged a Belorussian citizen with illegally exporting U.S. avionics and aircraft equipment to Russia, including for use by a company on the Entity List.
The U.S. government’s failure to cripple Huawei through export controls shows that it needs a different strategy to counter foreign threats to American technology competitiveness, the Information Technology and Innovation Foundation said in a new report last week. Although the U.S. should still use export controls in certain situations, they should always be applied with allies and used sparingly so as not to use up America’s “technology capital,” the think tank said.
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 U.S. is postponing the Bureau of Industry and Security's 50% rule for one year in exchange for Beijing delaying its rare earth export controls for one year, Treasury Secretary Scott Bessent said in an Oct. 30 interview with Fox Business. "We are going to be suspending [the BIS 50% rule] for a year in return for the suspension on the rare earth licensing regime," he said.