The Bureau of Industry and Security's recent rules that expanded foreign direct product rule restrictions over chip equipment (see 2412020016) and set new foundry due diligence rules (see 2501150040) are already hurting U.S. companies, the U.S.-China Business Council said, including by incentivizing foreign firms to design U.S.-origin goods out of their chip supply chains.
China plans to sanction U.S. lawmakers, “officials” and heads of non-governmental organizations in response to the State Department’s sanctioning of six Hong Kong government and police officials, China Foreign Ministry spokesperson Guo Jiakun said April 21 at a regular press conference, according to a translation the ministry provided in English.
A purported draft executive order to reorganize the State Department that served as the basis for a New York Times article is a "fake document,” an agency spokesperson said in an email April 21.
Chinese electric vehicle battery producer Contemporary Amperex Technology Co. Ltd. (CATL) is trying to get itself taken off the Defense Department's Section 1260H list of Chinese military companies, since it believes its listing was a mistake, a company spokesperson said late April 18.
New export license requirements that the Trump administration recently imposed on chipmakers Nvidia and Advanced Micro Devices (AMD) may not be the last of such actions, Miller & Chevalier said in an alert April 21.
The Semiconductor Industry Association (SIA) called on the Bureau of Industry and Security April 15 to “rethink” its "flawed" interim final rule on artificial intelligence diffusion, saying the computing chip-related export controls are so complicated and far-reaching that they will harm the long-term international competitiveness of the U.S. semiconductor industry.
House Select Committee on China Chairman John Moolenaar, R-Mich., urged JPMorgan Chase & Co. and Bank of America on April 17 to stop participating in the upcoming initial public offering of Chinese electric vehicle battery producer Contemporary Amperex Technology Co. Ltd. (CATL), which the Defense Department recently placed on its Section 1260H list of Chinese military companies (see 2501060024).
Senate Foreign Relations Committee ranking member Jeanne Shaheen, D-N.H., and Senate Banking Committee ranking member Elizabeth Warren, D-Mass., urged the Trump administration April 18 to reverse its decision to remove Hungarian official Antal Rogan from a Treasury Department sanctions list (see 2504170045).
Regular and broadly inclusive communication within a multinational company is key to having a successful export control program, two compliance experts said April 17 during a webinar hosted by professional services firm BDO.
The European Commission earlier this month released a "coordination framework" that allows EU member states to voluntarily identify "similar risks and to coordinate with designing national" export control lists. The proposal also "facilitates the exchange of information among Member States and the Commission prior to and after" adopting the national control lists. Member states may additionally consider and benefit from "any additional information provided by other Member States or the Commission" under the proposal. The framework said that shared information might include the scope of the control list, the impact of the list on "EU economic operators" and other "relevant information for the preparation " of the list.