Reps. Laurel Lee, R-Fla., and August Pfluger, R-Texas, introduced a bill July 25 that would clarify that ship-to-ship transfers of liquefied natural gas to be used as marine fuel are not considered exports unless conducted in foreign waters.
The Office of Foreign Assets Control last week labeled Venezuela-based Cartel de los Soles a Specially Designated Global Terrorist. OFAC said the cartel is a criminal group headed by Venezuelan leader Nicolas Maduro, adding it "provides material support" to groups the U.S. has labeled foreign terrorist organizations, including Tren de Aragua and the Sinaloa Cartel.
The Trump administration is still wrestling with how exactly to scope its replacement for the Biden-era AI diffusion rule, Commerce Secretary Howard Lutnick said.
The Bureau of Industry and Security has been ordered in recent months to avoid tough export controls on China as Washington tries to strike a trade deal with Beijing, the Financial Times reported July 28. The report comes after Trump administration officials said they planned to lift restrictions on Nvidia's H20 chip exports to China as part of an agreement that saw Beijing ease restrictions on rare earths (see 2507150013). The White House and BIS didn't respond to our requests for comment.
In separate letters to the Trump administration, more than 20 former national security officials along with five Senate Democrats urged the Commerce Department to reverse its decision to approve exports of Nvidia’s advanced AI chips to China.
Sens. Pete Ricketts, R-Neb., and Michael Bennet, D-Colo., introduced a bill July 23 that would require the State Department to analyze whether the U.S. should use export controls, sanctions or “other economic restrictions” to discourage other countries from buying Chinese military equipment.
Sen. Dan Sullivan, R-Alaska, said July 23 that he plans to reintroduce a bill that seeks to deter a Chinese invasion of Taiwan by threatening to impose “massive sanctions” on China if such an attack were to occur. Sullivan made his comment at a hearing of the Congressional-Executive Commission on China, which he chairs. Sullivan introduced the bill, the Sanctions Targeting Aggressors of Neighboring Democracies (STAND), in the previous two Congresses (see 2407190039).
Sen. Pete Ricketts, R-Neb., a senior member of the Senate Foreign Relations Committee, took to the Senate floor July 23 to reiterate his call for the U.K., France and Germany to reimpose UN sanctions on Iran for violating its nuclear weapons-related obligations.
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 U.K. last week released a threat assessment of the sanctions compliance risks involving British "cyptoasset" firms, saying those companies have likely underreported suspected sanctions breaches to the Office of Financial Sanctions Implementation since August 2022. Although most cases of noncompliance by these companies have occurred "inadvertently due to common issues such as direct and indirect exposures to" sanctioned people, the U.K. said it expects that some of the violations have involved dealings with the sanctioned Russian exchange Garantex. It also said crypto firms are "at risk of being targeted" by North Korean hackers and added that some British crypto firms are likely "facilitating transfers to Iranian cryptoasset firms with suspected links" to sanctioned parties.