House Foreign Affairs Committee Chairman Brian Mast, R-Fla., and Rep. Ryan Zinke, R-Mont., who chaired the committee’s Foreign Arms Sales Task Force, jointly praised President Donald Trump’s new arms transfer strategy Feb. 9, saying it will streamline the defense export process.
The House Foreign Affairs Committee is looking at ways to prevent U.S. technology from ending up in the hands of Chinese military end-users, Chairman Brian Mast, R-Fla., said Feb. 3.
CBP is proposing to require that exporters submit electronic export manifests (EEM) for cargo leaving the U.S. via vessel, claiming that "requiring advance transmission of EEM data would significantly improve cargo safety and security while minimizing disruption to the flow of commerce for exports in the sea environment," according to a Federal Register notice.
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.
Senate Banking Committee ranking member Elizabeth Warren, D-Mass., announced Feb. 5 that she and three other Democratic senators are introducing a resolution urging the Trump administration to reverse its decision to provide advanced AI chips to the United Arab Emirates.
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 Trump administration is waiting to see how the ongoing Russia-Ukraine peace negotiations unfold before deciding whether to sanction vessels that transport sanctioned Russian oil, Treasury Secretary Scott Bessent told the Senate Banking Committee Feb. 5.
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.
The Bureau of Industry and Security is officially removing Cambodia from the Export Administration Regulations’ list of countries subject to an arms embargo, about two months after the State Department made a similar change.
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.