China and Belarus held the ninth meeting of their economic and trade working group in Beijing this week, where the two sides applauded their deepening trade ties and vowed to continue expanding opportunities for Chinese companies in Belarus.
Vice President JD Vance, at a Q&A with Wolfgang Ischinger, a former German ambassador to the U.S., said it should be "very, very easy" to talk with officials at the EU about the bloc lowering its regulatory barriers to trade and its approach to U.S. tech giants.
DOJ’s recent decision to decline to prosecute a NASA contractor for export control violations shows that the agency is still planning to reward companies that self-report possible breaches and cooperate with the government, WilmerHale said in a client alert this week.
Six Senate Democrats -- led by Banking Committee ranking member Elizabeth Warren of Massachusetts and Foreign Relations Committee ranking member Jeanne Shaheen of New Hampshire -- urged the Trump administration May 5 to increase sanctions on Russia to pressure Moscow to end its war on Ukraine.
All 24 members of the House Select Committee on China urged the Trump administration May 6 to consider adding Chinese robotics company Unitree to the Bureau of Industry and Security's Entity List and the Pentagon's Section 1260H list of Chinese military companies.
The U.K. and India agreed to a new free trade deal this week that will reduce tariffs for a range of goods in what will be a “huge economic win” for the U.K., the country announced. The U.K.’s trade agency said the agreement will reduce Indian tariffs on 90% of U.K. exports’ tariff lines -- including whiskey, cosmetics and medical devices -- and 85% of those lines are expected to become “fully tariff-free within a decade.” The U.K. also said it plans to reduce import duties that will lead to lower prices for clothes, footwear, and food products from India, including frozen shrimp.
The Trump administration needs a “bit more time” to review a congressional proposal to restrict U.S. outbound investment in China, Treasury Secretary Scott Bessent said May 7.
The Bureau of Industry and Security is planning to replace the Biden-era AI diffusion rule that is scheduled to take effect May 15, an agency spokesperson said May 7.
Former senior Bureau of Industry and Security officials Matt Borman and Eileen Albanese have joined Akin, the firm announced this week. Borman -- who served more than two decades with BIS, including most recently as the principal deputy assistant secretary for export administration -- joins as a trade lawyer. Albanese, most recently the director of the BIS Office of National Security Controls, joins Akin as a regulatory adviser. Both Borman and Albanese left BIS earlier this year (see 2502240003).
National security attorneys Maria Alejandra del-Cerro and Elyssa Kutner have joined DLA Piper as partners in the national security and global trade practice, the firm announced. Del-Cerro is a former attorney in the State Department's Directorate of Defense Trade Controls and joins DLA Piper from Crowell & Moring, where she'd worked as a partner since 2022. Kutner joins the firm from Sidley Austin, where she worked as an associate, then as counsel, since 2020.