Rep. Michael Baumgartner, R-Wash., reintroduced a bill April 3 that would require an annual report to Congress on sanctions imposed under the Robert Levinson Hostage Recovery and Hostage-Taking Accountability Act, a 2020 law that aims to address the wrongful detainment of U.S. nationals abroad.
The Census Bureau this week added and removed Harmonized Tariff Schedule/Schedule B Classifications that require reporting in the Automated Export System for shipments of used vehicles. The agency added HTS/Schedule B number 8432.80.0010, which includes certain agricultural equipment listed as "tow behind spreaders, aerators, and de-thatchers," and it removed 8708.30.0050, which includes certain "other vehicles."
A new license issued this week by the Office of Foreign Assets Control authorizes payments of certain taxes, fees, import duties, licenses, certifications and other similar transactions involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation that would normally be blocked under Directive 4 of Executive Order 14024. General License 13M authorizes those transactions through 12:01 a.m. EDT July 9 as long as they are “ordinarily incident and necessary to the day-to-day operations in the Russian Federation of such U.S. persons or entities.”
The European Commission this week updated its Syria-related sanctions guidance to clarify what types of activities with the country are permitted after the EU in February suspended certain restrictions against Syria (see 2502240010). The guidance also addresses how EU companies should approach the “interplay between EU sanctions and US sanctions” against Syria, saying that EU parties “are not required to comply with US sanctions. They are only required to comply with EU sanctions.” It added that U.S. sanctions “might be intended to produce effects beyond the US territory and seek to regulate the behaviour of EU economic operators that have no significant connection to the US,” but the EU doesn’t recognize the “extra-territorial application of laws adopted by third countries and considers such application to be contrary to international law.”
Even if the Trump administration were to lift U.S. sanctions against Russia, the country would still be “uninvestable” for multinational companies because of the EU’s trade and financial restrictions, which would likely remain in place, said Janis Kluge of the German Institute for International and Security Affairs.
President Donald Trump has ordered the Committee on Foreign Investment in the U.S. to carry out a 45-day review of Japan-based Nippon Steel Corp.’s proposal to purchase U.S. Steel, months after former President Joe Biden blocked the deal (see 2501060040).
Michael Pender, a longtime senior engineer with the Bureau of Industry and Security, is retiring from government April 30, he announced on LinkedIn. He works in the Office of National Security and Technology Transfer Controls, where he said he helps to review dual-use exports, with a focus on items containing advanced encryption features or related to information security. Pender has worked at BIS for more than two decades.
Switzerland last week announced plans to align certain of its dual-use export restrictions with trading partners as part of the country’s “response to the blockade of multilateral export controls,” a reference to Russia’s vetoing of export control proposals at the multilateral Wassenaar Arrangement (see 2405300063). The changes, effective May 1, will update Swiss controls for emerging technologies related to quantum computing, advanced semiconductor manufacturing, artificial intelligence and additive manufacturing.
China retaliated against President Donald Trump's reciprocal tariffs with duties of 34% on all U.S. goods, along with new export restrictions on U.S. companies and rare earth metals.
A recent rise in tariffs, export controls and other trade actions will lead to rising prices in semiconductor supply chains, said Sree Ramaswamy, former senior adviser to former Commerce Secretary Gina Raimondo.