The Biden administration’s upcoming AI chip-related export controls likely will upset key U.S. allies, especially the EU, by reinforcing the notion that the U.S. relies too heavily on extraterritorial controls and is “hellbent” on maintaining American technology leadership, the Center for European Policy Analysis said this week.
ASML, the major Dutch semiconductor tooling firm, is being accused of misleading investors about how its projected China sales and revenues were impacted by recently imposed export controls.
The State Department’s recently published fall 2024 regulatory agenda previews a range of export control rules the Directorate of Defense Trade Controls is hoping to issue this year, including one that would finalize an updated definition for defense services and others that would make various changes to the U.S. Munitions List.
The U.S. on Jan. 10 announced a new set of sanctions against Russia’s energy sector, targeting major Russian oil producers, oil service providers and insurance companies, as well as vessels and traders moving Russian oil as part of the country’s shadow fleet. Treasury said the designations target two of Russia’s “most significant” oil producers and exporters -- Gazprom Neft and Surgutneftegas -- along with more than 180 other people, ships and traders involved in Russian oil trade.
Joshua Levy, a DOJ attorney who oversaw multiple high-profile export control-related cases, will resign from the federal government Jan. 17, the agency announced this week. Levy most recently served as the U.S. attorney for the District of Massachusetts, leading an office that charged two men in December for shipping sensitive drone technology to Iran (see 2412170021) and that fined American defense firm RTX in October to resolve allegations that it tried to defraud the U.S. government and commit defense export control violations (see 2410160058).
China will impose security deposits on imported cypermethrin from India with respect to an antidumping duty investigation on the product, effective Jan. 8, according to an unofficial translation of a Ministry of Commerce notice. The investigation authority preliminarily determined that the domestic cypermethrin industry is harmed by dumped imports from India. Imports from Indian companies will be subject to a deposit rate based on the “dutiable price approved by the customs,” China said. The ministry said cypermethrin is used in agricultural insecticides.
The State Department is adjusting its civil monetary penalties for inflation, the agency said in a notice released Jan. 8 and effective Jan. 10. The new amounts, which include revised maximum penalties for violations of the International Traffic in Arms Regulations and the Arms Export Control Act, will apply only to penalties assessed on or after Jan. 10, the agency said.
Rep. Linda Sánchez, D-Calif., who joined the House Ways and Means Trade Subcommittee in 2021, is the new ranking member, following Rep. Earl Blumenauer's retirement.
New House Foreign Affairs Committee Chairman Brian Mast, R-Fla., announced Jan. 8 that he has appointed seven subcommittee chairs for the 119th Congress:
House Minority Leader Hakeem Jeffries, D-N.Y., said Jan. 8 that he is considering how he will vote on a bill to sanction International Criminal Court (ICC) officials for issuing arrest warrants for Israeli officials (see 2501060025).