As the Bureau of Industry and Security asks for more funding from Congress to improve its enforcement and technological capabilities, the agency could benefit from more information about controlled exports leaving third countries, said Matt Borman, a former senior BIS official. He also stressed the importance of the U.S. carefully calibrating any new export controls, and said its current semiconductors restrictions have successfully slowed China from producing the most advanced chips.
The Trump administration released more details about the conditions for Japan-based Nippon Steel's purchase of U.S. Steel, which Trump said would result in a $14 billion investment in the U.S. economy while keeping the American company headquartered in the U.S. (see 2505230075).
The Bureau of Industry and Security officially announced this week that it plans to rescind the Biden administration’s AI diffusion export control rule and issue a “replacement rule in the future.” The agency also issued new guidance about how using Huawei Ascend chips and other Chinese chips likely violates U.S. export controls, published recommendations for companies to protect their supply chains against “diversion tactics,” and outlined the types of activities involving AI chips and AI models that may trigger a license requirement.
Eric Longnecker, a longtime senior Bureau of Industry and Security official who most recently served as the agency's deputy assistant secretary for technology security, left BIS last week, he announced on LinkedIn. Longnecker -- who was named to the position last year to oversee work on emerging and foundational technology export controls, foreign technology analysis and research to assess the effectiveness of export controls (see 2405070005) -- said he accepted the government's early retirement offer. He had been with BIS since 2004.
Craig Allen, senior counselor at the Cohen Group, has joined the Asia Society Policy Institute’s Center for China Analysis as a non-resident senior fellow, the center announced April 16. Allen, a former Commerce Department official, recently retired as president of the U.S.-China Business Council (see 2409100027). In December, Allen urged the U.S. and China to pause their escalating trade restrictions against one another and discuss how to manage national security risks around technology (see 2412120052).
The House Select Committee on China said in a new report that the Bureau of Industry and Security should receive additional funding to improve its export control capabilities amid a growing workload.
When imposing trade restrictions on China, the U.S. should do more analysis to better understand how Beijing might retaliate with export controls, a former State Department official said April 14.
CHANDLER, Ariz. -- The National Customs Brokers & Forwarders Association of America could help organize a class-action lawsuit against ocean carriers if enough of its members and other non-vessel operating common carriers (NVOCC) say they're unfairly being refused service contracts, industry officials said at the NCBFAA’s annual meeting.
The U.S. this week sanctioned Mexican national Jesus Alfredo Beltran Guzman for trafficking illegal drugs into the U.S. and for being a key leader of the drug trafficking group Beltran Leyva Organization. The Office of Foreign Assets Control said the group is "one of the most powerful drug trafficking organizations in the world, and it has moved fentanyl, cocaine, heroin and methamphetamine into the U.S.
A recent rise in tariffs, export controls and other trade actions will lead to rising prices in semiconductor supply chains, said Sree Ramaswamy, former senior adviser to former Commerce Secretary Gina Raimondo.