The Commerce Department should conduct a “comprehensive evaluation” of the export controls it has imposed on the U.S. semiconductor industry in recent years to determine whether they are achieving their goal of protecting national security, the Semiconductor Industry Association (SIA) said.
The Bureau of Industry and Security said April 24 that it added 18 entities to its Unverified List after it was unable to verify the “legitimacy and reliability” of the parties through end-use checks, including their ability to responsibly receive controlled U.S. exports. It also removed five companies from the list. The added entities are located in China, Finland, Italy, Kazakhstan, Turkey and the U.K., while the removed ones are in China and the United Arab Emirates.
Secretary of State Marco Rubio told Trinidad and Tobago Prime Minister Stuart Young that he will work very closely with Young's administration "to find a solution that achieves U.S. objectives regarding Venezuela without harming Trinidad and Tobago."
The Office of Foreign Assets Control sanctioned Iranian national and liquified petroleum gas (LPG) magnate Seyed Asadoollah Emamjomeh and his corporate network April 22, saying they shipped hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets, which generated revenue for Iran’s nuclear and ballistic missile programs and terrorism proxies.
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 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.