The Bureau of Industry and Security this week added 37 Chinese technology companies, manufacturing firms, research institutions and others to the Entity List for trying to acquire U.S.-export controlled items for China’s military or quantum technology capabilities, shipping controlled items to Russia, or for their ties to a “High Altitude Balloon” that the U.S. shot down last year.
China on May 7 voiced its opposition to the U.S. reportedly revoking the export licenses that Intel and Qualcomm use to sell certain semiconductors to Huawei (see 2405070081). The Ministry of Commerce said the move violates World Trade Organization commitments, according to an unofficial translation.
The Biden administration, which announced in August 2023 that it would develop restrictions on outbound investment in China (see 2308090066), expects to finalize the new regulations by the end of calendar year 2024, Commerce Secretary Gina Raimondo said May 8.
The U.S. will struggle to compete technologically with China unless it continues to loosen trade barriers around sensitive technologies for a broader range of allies outside just the U.K. and Australia, Mike Gallagher, a former member of Congress, said this week.
Sen. Bill Hagerty, R-Tenn., and Rep. Mark Green, R-Tenn., announced separate legislative proposals last week that would block the Bureau of Industry and Security’s new interim final rule restricting firearms exports.
Companies should expect the U.S. to soon expand the statute of limitations for certain export control violations to align with a similar extension for sanctions violations, a law firm said.
Aggressive new U.S. export controls on advanced computing chips and the equipment to manufacture them are having unintended side effects and may be causing more harm than good for Western companies, a Brussels-based think-tank said.
The Bureau of Industry and Security is developing a list of frequently asked questions (FAQ) to explain its new license exception authorizing certain exports of medical devices to Russia, it was revealed at an April 30 meeting of the agency’s Regulations and Procedures Technical Advisory Committee (RPTAC).
Export Compliance Daily is providing readers with the top stories from last week in case you missed them. You can find any article by searching for the title or by clicking on the hyperlinked reference number.
The Commerce Department should start preparing export controls for dual-use artificial intelligence models, which could prevent those models from being used to make biosecurity weapons or skirt U.S. export restrictions on advanced semiconductors, researchers told the agency in comments released this month. But technology companies and industry groups warned the U.S. against overbroad controls, which they said could hurt American AI innovation.