The European Commission on July 28 imposed antidumping duties on epoxy resins from China, Taiwan and Thailand following an investigation finding epoxy resin imports from these nations harms the EU industry. The investigation originally also included epoxy resins from South Korea, but these goods were removed from the investigation due to a lack of evidence of dumping from South Korea. The AD rates range from 17.3% to 33% for China, and from 10.8% to 11% for Taiwan, and are at 29.9% for Thailand.
The Office of Foreign Assets Control deleted a range of entries from its Specially Designated Nationals List last week that were originally sanctioned for their ties to Myanmar or North Korea. The delistings include KT Services & Logistics Company Limited and its CEO, Jonathan Myo Kyaw Thaung, a company OFAC sanctioned in 2022 for being controlled by the Myanmar military; Funsaga Pte Ltd., which also was sanctioned in 2022 for doing business with a North Korean-run animation studio; and Suntac Technologies, which was sanctioned in 2023 for ties to the Myanmar military. OFAC didn't release more information about why it removed those entries.
The Trump administration should carefully study any new export controls on the subsystems of semiconductor manufacturing equipment so it doesn’t unintentionally undercut U.S. chip tooling firms, wrote Ruby Scanlon, a research assistant with the Center for a New American Security.
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.
In a joint statement, the U.S. and Indonesia said Indonesia will accept FDA certificates and prior marketing authorization for medical devices and pharmaceuticals, will exempt U.S. exports of cosmetics and medical devices "from certain requirements," and will exempt U.S. companies from local content requirements.
The latest EU sanctions package against Russia, adopted last week, lowers the price cap on Russian oil, introduces more import and export restrictions and designates a range of vessels and companies helping Russia move energy products and evade sanctions.
A bill to mandate location-tracking mechanisms for exports of advanced chips was panned this week by technology policy experts who said the requirement would be tricky to implement and could push foreign customers to stop trusting American-made semiconductors. They also said Congress should be more focused on boosting the Bureau of Industry and Security budget to help the agency step up enforcement.
All shipments of U.S.-origin advanced AI semiconductors will require an export license from the Malaysian government when moving through Malaysia, the country announced July 14, a move that further aligns Malaysia with U.S. efforts to prevent the diversion of sensitive chips to China.
The Office of Foreign Assets Control removed a range of Iran-, Iraq- and Syria-related entries from its Specifically Designated Nationals List this week, including former Iraqi Trade Minister Muhammad Mahdi Salih; Syria-based Al-Ra'y Satellite Television Channel; and Swedish Management Co., which was originally designated for moving Iranian petrochemical products, and several of its vessels. OFAC didn't release more information about the removals.
Microsoft President Brad Smith this week warned the U.S. against introducing new export controls that could prevent American companies from becoming the world’s leading exporters of AI services, suggesting the Trump administration should instead look into expanding or replicating the AI deal it announced in May with the United Arab Emirates.