The Committee on Foreign Investment in the U.S. last year nearly doubled its site visits and opened multiple investigations on possible filing violations stemming from voluntary disclosures, CFIUS said in its annual report released this week.
Estonia has recently seen an uptick in shipments of imported plywood that it suspects of violating EU sanctions against Russia, the country’s tax and customs agency said this month.
The White House this week extended a national emergency that authorizes certain export control regulations. It was renewed for one year beyond the original Aug. 17 expiration.
The Trump administration plans to maintain strict China-related export controls on the most advanced semiconductors and chip manufacturing equipment, a senior White House official said last week, adding that the U.S. also doesn’t plan to automatically greenlight all H20 chip exports to China.
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.