The Census Bureau added five new license codes in the Automated Export System to reflect the Bureau of Industry and Security's recent export controls on advanced computing chips (see 2501130026), Census said in emails to industry this week.
The new artificial intelligence export control framework introduced by the U.S. earlier this month could create diplomatic issues with Europe and force some European nations to diversify away from U.S. chips, a former U.S. official and a European policy researcher said this week.
Years after the U.S. first imposed trade restrictions against Huawei, the government’s strategy to restrain the Chinese technology company remains unclear, technology policy experts said this week.
A former top Commerce Department adviser in the Biden administration expects President Donald Trump and Congress to continue prioritizing export controls and other trade restrictions, although he said the government’s success partly depends on whether the administration can craft a clear, coordinated economic security strategy that doesn’t only rely on tariffs.
Although the Bureau of Industry and Security's new artificial intelligence export control framework published earlier this month is “promising,” it also lacks flexibility and omits some key U.S. allies, the Rand think tank said in a new report.
The Trump administration should look to negotiate new types of economic and trade deals that are centered on economic security issues, such as export controls and investment screening measures, the Center for a New American Security said in a new report this week. The think tank also called on President Donald Trump to create an economic security strategy, which should outline avenues to strengthen export control enforcement.
President Donald Trump and lawmakers should carry out a “comprehensive” review of past U.S. technology and investment restrictions involving semiconductors, including the range of recent export controls over advanced chips and related equipment that resulted from the Biden administration’s “small yard, high fence” strategy, the chip industry said.
The Treasury Department recently published more guidance on its outbound investment prohibition and notification rules (see 2412160044), including new FAQs on how certain portions of the rules apply to in-house lawyers, the rule’s “knowledge standard,” the scope of transactions that are covered, and joint filings.
President Donald Trump took several steps during his first day in office to reverse, delay or scrutinize trade- and sanctions-related actions introduced by the Biden administration, ordering agencies to study existing export controls for possible loopholes, consider changes to outbound investment restrictions, or possibly postpone some of Biden’s recently issued rulemakings. Trump also revoked a sanctions authority that had targeted Israeli settlers in the West Bank and previewed plans to step up sanctions against drug cartels.
Jake Sullivan, in one of his final public appearances as national security adviser under President Joe Biden, urged the incoming Trump administration to continue imposing technology restrictions against China and to do so in coordination with U.S. allies.