A letter reportedly sent by the Commerce Department ordering Taiwan Semiconductor Manufacturing Company to stop shipments of advanced semiconductors to certain Chinese customers (see 2411120011) is a “serious violation of international economic and trade rules” and a “gross interference in free trade,” a Chinese commerce ministry spokesperson said last week.
China’s Ministry of Commerce released its new dual-use export control list Nov. 15 ahead of the Dec. 1 effective date for its recently issued dual-use export regulations, which outline how the ministry will approach dual-use licensing and export enforcement, detail possible extraterritorial impacts of the controls, and more (see 2410210042).
The Commerce and State departments are extending the public comment periods for one interim final rule and two proposed rules that are expected to revise U.S. export controls to remove a range of export barriers faced by the commercial space industry (see 2410180027 and 2411070024). Comments on all three rules originally were due Nov. 22, but the agencies said they are extending that deadline to Dec. 23 after the “regulated community” asked for more time.
Senate Foreign Relations Committee ranking member Jim Risch, R-Idaho, who is expected to ascend to the committee’s chairmanship when Republicans take control of the Senate in January (see 2411120060), said he views China as the panel’s biggest challenge.
The next Trump administration is likely to build on Biden’s outbound investment executive order and semiconductor export controls against China, researchers said last week, and could double down on sanctions against Iran and Venezuela in a return to the “maximum pressure” campaign Trump embraced during his first term.
A New York City-based electronics store was fined $5.4 million by CBP and ordered to forfeit more than $460,000 after it allegedly gave false export information to a freight forwarder and breached record-keeping rules, the Bureau of Industry and Security said last week.
The EU asked the World Trade Organization to establish a compliance panel regarding Colombia's tariffs on frozen fries from the EU, the Directorate-General for Trade announced Nov. 14. The bloc decided to make the move after consultations between the parties fell through, the Directorate-General said.
The U.K. extended antidumping duties on steel ropes and cables from China, including on ropes and cables consigned from Morocco and South Korea, for another five years, until April 21, 2028. The duties range from 0% for Moroccan exporter Remer Maroc and certain South Korean exporters to 60.4% for all Chinese exporters and all other Moroccan and South Korean exporters. The duties specifically cover "steel ropes and cables including locked coil ropes, excluding ropes and cables of stainless steel, with a maximum cross-sectional dimension exceeding 3mm."
The transfer of certain customs issues from the EU Court of Justice to the EU General Court "could lead to faster and more specialized decisions," lawyers at Baker McKenzie said in a client alert earlier this month. Partner Arnoud Willems and associate Line Hammoud said the change potentially could make it easier for companies to "bring cases and achieve favorable outcomes."
The EU should impose more sanctions against the owners and operators of vessels in Russia’s shadow fleet along with the banks and insurance companies they’re using, EU Parliament members said in a resolution adopted Nov. 14.