A U.S.-Taiwan trade deal signed Feb. 12 says Taiwan will bolster its export control enforcement against China and strengthen its export control cooperation with the U.S., including around U.S. foreign direct product rule restrictions over semiconductor technology. Taiwan also agreed to cooperate more closely with the U.S. on both inbound and outbound investment screening.
The Bureau of Industry and Security this week fined semiconductor firm Applied Materials $252 million -- the second-largest penalty ever imposed by BIS -- after the company admitted to illegally exporting chip manufacturing equipment through its South Korean subsidiary to a Chinese company on the Entity List.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., said Feb. 11 that recent comments by Army Lt. Gen. Joshua Rudd, President Donald Trump’s nominee to head U.S. Cyber Command and the National Security Agency, underscore the need for legislation to restrict exports of advanced AI chips to China.
Recent U.S. moves to ease export license restrictions on advanced computing chips could lead to more enforcement opportunities for the government and increase compliance risks for exporters, Morrison Foerster said in a client alert this week.
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 clicking on the hyperlinked reference number.
A bipartisan group of eight lawmakers led by the leaders of the House Foreign Affairs Committee urged the Trump administration Feb. 9 to work with U.S. allies to tighten controls on sales of advanced semiconductor manufacturing equipment (SME) to China, saying further steps are needed to preserve the U.S. technological edge in chips.
A new report from JPMorganChase’s Center for Geopolitics examines how U.S.-China competition and trade tensions, including export controls, are affecting third-country companies and their global business strategies.
Nvidia reportedly hasn't agreed to the Trump administration's security conditions for sales of its H200 exports to China, delaying license application approvals for sales to China's ByteDance.
The U.S. can’t rely only on export controls to stay ahead of China technologically, said Rep. Jim Himes, the top Democrat on the House Permanent Select Committee on Intelligence. He also said he believes the administration’s willingness to ease export controls on certain advanced chips doesn’t necessarily mean the U.S. is becoming less hawkish against China.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., called on the Trump administration Feb. 1 to cancel plans to sell advanced AI chips to the United Arab Emirates, saying she's worried that President Donald Trump's personal financial ties to the UAE may have overridden national security concerns about the deal.