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 head of the House Select Committee on China urged the Trump administration Aug. 25 to adopt a new framework for restricting computing chip exports to China, saying placing certain technical limits on such sales would be a more effective way to keep Beijing’s AI capabilities in check.
President Donald Trump threatened to impose export controls on technology and semiconductors if countries have digital policies he dislikes.
The U.S. should pass the Chip Security Act, a bill that would mandate location tracking for U.S. exports of certain advanced chips (see 2506250027), because it would allow American firms to boost exports of chips without “losing visibility or control over where those chips end up,” argued Kit Conklin, a nonresident senior fellow at the Atlantic Council.
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.
Commerce Secretary Howard Lutnick spoke with Bureau of Industry and Security employees during a town hall meeting Aug. 19, where he discussed their "vital work supporting Trump’s America First Trade Policy, which boosts U.S. industry, secures supply chains, and protects American tech from foreign exploitation," the agency said in a social media post. "BIS enforces export controls, closes loopholes, and keeps innovation domestic, driving thriving industries and national security."
The U.S. should rent out AI chips to China instead of selling them, a strategy that would allow American firms to continue profiting while giving the U.S. the ability to cut off access at any time, researchers said.
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.