The U.K. recently removed or amended entries from its ISIL (Da'esh) and al-Qaida, Zimbabwe, and Russia sanctions regimes.
The Trump administration confirmed this week it will not renew a general license from the Office of Foreign Assets Control that has allowed Chevron to wind down certain oil activities in Venezuela.
Nvidia CEO Jensen Huang last week criticized U.S. export controls on advanced chips, saying restrictions against China have so far been a “failure.” He called on the government to allow Nvidia and other chip companies to more freely sell to China, which he said will help the U.S. economy.
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.
An upcoming fast-track process for certain deals filed with the Committee on Foreign Investment in the U.S. could apply to a broad range of American allies and transactions, although key questions remain about what foreign investors will need to do to qualify, law firms said this month.
The World Trade Organization's Dispute Settlement Body on May 23 heard China's first request to establish a dispute panel on Canada's surtax on Chinese products, including electric vehicles and steel and aluminum products, the WTO said. Canada said it's not ready to accept the panel at this time, punting the issue to the next DSB meeting, which is scheduled for June 23.
The European Parliament on May 22 endorsed a European Commission proposal that it said would exempt 90% of EU importers from the bloc's upcoming carbon border tax (see 2502060060). The new rules would mostly exclude small and medium-sized companies that import "only small quantities" of goods covered by the carbon border adjustment mechanism -- less than 50 metric tons of those goods per year.
The International Trade Commission is investigating the state of the nonfat milk solids exporting industry in the U.S. and other major supplier nations, including Australia, Canada, New Zealand and certain EU member states, the commission said last week. The ITC said it will analyze the “export competitiveness” of those industries and prepare a public report on export trends, a comparison of the “competitive strengths and weaknesses” of producers and exporters in those countries, and more. The investigation, requested by the U.S. trade representative, will focus on the 2020-2024 period. The ITC will hold a public hearing on the investigation on July 28 and is accepting written comments by Oct. 14. It expects to submit its report to USTR by March 23, 2026.
The State Department approved a possible $296 million military sale to Estonia, the Defense Security Cooperation Agency said last week. The sale includes Javelin missiles and related equipment, and the principal contractors will be the Javelin Joint Venture between RTX and Lockheed Martin.
The Consolidated Screening List -- the comprehensive list of entities and people subject to U.S. export controls and other trade restrictions -- has recently been experiencing issues and isn't up to date, the Commerce Department said in a notice on its website last week. While the list's search engine still works, "it has not been updating consistently from the source files since April 21, 2025."