The White House said in a fact sheet that Japan will immediately expand import quotas on rice, allowing for 75% more U.S. rice sales to that country's buyers.
Commerce Secretary Howard Lutnick said that where the line should be drawn on export controls will be on the table during negotiations with Chinese officials in Stockholm next week.
The U.S. should impose new export controls on the subsystems of semiconductor manufacturing equipment and double down on enforcement for exports of advanced AI chips, including by potentially mandating that chip exporters use location-tracking features, the White House said in its new AI action plan. While the plan calls for tighter controls against China and other “strategic adversaries,” it also said the U.S. should strike deals with other countries to export American AI systems around the world.
The Senate Banking Committee voted 13-11 along party lines July 23 to approve David Peters' nomination as assistant secretary of commerce for export enforcement.
The new U.S. outbound investment regulations appear so far to be blunting American investments in sensitive Chinese technology sectors, even for investments that only require a notification to the Treasury Department, law firm Sidley Austin said in a client alert this month.
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House Select Committee on China Chairman John Moolenaar, R-Mich., said July 22 that the U.S. needs to impose stronger export controls and outbound investment restrictions on China to protect its own national security.
Senate Minority Leader Chuck Schumer, D-N.Y., criticized the Trump administration July 21 for removing restrictions on the sale of Nvidia’s advanced H20 computing chips to China, saying the move will help Beijing catch up to and even surpass the U.S. on AI.
The Senate Appropriations Committee’s newly released report on the FY 2026 Commerce-Justice-Science appropriations bill (see 2507170053 and 2507100053) calls for the Bureau of Industry and Security to take several actions to inform lawmakers, including writing a report on international efforts to harmonize export controls on items that could aid Russia’s invasion of Ukraine.
Treasury Secretary Scott Bessent suggested the White House may be in favor of a bill that would authorize new sanctions and tariffs against Russia’s supporters, and he urged the EU to put in place similar measures.