The State Department this week announced penalties on three people and two entities and their subsidiaries for illegal transfers under the Iran, North Korea and Syria Nonproliferation Act.
The U.S.-China Economic and Security Review Commission should push Congress to devote more funding to the Bureau of Industry and Security, Commissioner Michael Kuiken said during a commission hearing last week.
The U.S. government should re-examine its export controls for aviation and shipbuilding to slow China’s advances in those dual-use sectors, a congressionally mandated commission heard May 23. The government also should consider more restrictions on Huawei and improve its efforts to get allies on board with U.S. export controls, the panel was told.
A December executive order that gave the U.S. broader authority to sanction financial institutions involved in shipping goods to Russia has had a “meaningful impact” on Russia’s military industrial supply chains so far, Treasury Secretary Janet Yellen said this week.
China’s commerce ministry this week declined to confirm reports that it’s considering new import tariffs on European and American vehicles (see 2405220042) and instead continued to criticize U.S. and EU measures against Chinese electric cars.
The House Foreign Affairs Committee on May 22 approved bills that could expand controls on artificial intelligence exports and increase congressional oversight of arms transfers to Israel.
The U.S. declined to prosecute a Massachusetts biochemical company that was part of an illegal export scheme involving China, the first time DOJ’s National Security Division has offered a corporate declination under its recently updated voluntary self-disclosure program.
China may consider raising import tariffs on cars from the EU, the U.S. and possibly elsewhere, the China Chamber of Commerce to the EU said this week.
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