New BIS AI Chip Control Framework Is Good Start but Lacks …
1 day ago · The framework groups the world into roughly three categories of countries, each of which will face different export license requirements for certain advanced chips (see 2501130026), but it provides no “clear pathways” for countries to move from one group to a less restrictive one, Rand said. “Although more structured than previous approaches, the framework’s tiered system may be too ...
Think Tank: Trump Should Negotiate New Economic Security …
1 day ago · The 52-page report, authored by multiple CNAS researchers, offers policy recommendations for Trump’s first 100 days in office, ranging from personnel hiring, technology competitiveness and national security measures.One portion of the report, written by Emily Kilcrease and Geoffrey Gertz, says the “existing international economic order” doesn’t do enough to “distinguish” U.S. trade ...
Chip Industry Calls on Trump, Congress to Reassess Biden's Export ...
3 days ago · In a set of policy recommendations for the new administration and the Republican-controlled Congress, the Semiconductor Industry Association this month said the U.S. should consider shifting away from Biden’s chip-control strategy. It said U.S. rules issued by the last administration have placed broad, unilateral restrictions on exports and may risk pushing foreign customers toward ...
Export Compliance Daily
Oct 16, 2024 · U.S. aerospace firm RTX tapped senior counsel Lara Covington to head the company’s compliance with the deferred prosecution agreements announced last week with DOJ and the SEC, Covington announced on LinkedIn. Covington’s official title will be the executive director of the RTX DPA Compliance Program Office, where she will help “ensure the company successfully meets its obligations” to ...
RTX Gets Record $200M Penalty for Unauthorized Exports, …
Sep 3, 2024 · Defense firm RTX Corp. will pay $200 million to settle alleged violations of U.S. defense export controls, the largest standalone export penalty ever issued by the State Department. RTX voluntarily disclosed the 750 violations, the agency said in a charging letter, most of which involved “historical” issues by an aerospace firm acquired by RTX in 2018.
Trump Calls for Study of Export Control Loopholes, Orders …
3 days ago · 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 …
BIS to Add 26 to Entity List, Remove 2
Oct 21, 2024 · The Bureau of Industry and Security on Oct. 23 will add 26 companies and people to the Entity List for trying to buy controlled U.S. items for China’s military, evade sanctions against Russia, supply sensitive goods to Iran or Pakistan, or for evading U.S. end-use checks, the agency said in a final rule released Oct. 21. BIS will also remove two entities from the list and update the address ...
Top ECD Articles You May Have Missed From Last Week
3 days ago · 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.
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New ITC Investigation Notices for Oct. 15
Oct 15, 2024 · The International Trade Commission published notices in the Oct. 15 Federal Register on the following AD/CVD injury, Section 337 patent or other trade proceedings (any notices that warrant a more detailed summary will be in another ITT article):