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.
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.
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.