The U.S. is likely to continue using export controls, investment restrictions and other economic policy tools against China this year, particularly as the upcoming presidential election draws closer, trade and economic policy experts said this week.
Exports to China
Sen. Jon Tester, D-Mont., urged USDA and the Treasury Department to review how Chinese businessman Chen Tianqiao was able to buy almost 200,000 acres of Oregon farmland in 2015 without disclosing the purchase to the federal government.
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.
The U.S. shouldn’t rush to impose new export controls on sensitive lidar technology, experts said, mostly because American firms may not have chokepoints over lidar and the restrictions may hurt U.S. export revenue.
Rep. Mike Gallagher, R-Wis., chairman of the House Select Committee on China, has urged the Commerce Department to consider placing the United Arab Emirates-based artificial intelligence firm Group 42 Holdings (G42) on the Bureau of Industry and Security’s Entity List, citing possible export control risks from the company’s work with China’s military, intelligence services and state-owned companies.
The Netherlands “partially revoked” an ASML export license that allowed the Dutch chip equipment maker to send certain advanced semiconductor equipment to China, ASML said Jan. 1. The company said it now faces new restrictions on exports of NXT:2050i and NXT:2100i lithography systems to China, which it said will affect a “small number” of customers in the country.
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.
Sen. Marco Rubio, R-Fla., is urging the Commerce Department to block exports of chip design software to China’s Brite Semiconductor, which reportedly offers chip design services to six Chinese military suppliers (see 2312130020).
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.
The U.S. this week sanctioned 10 companies and four people with ties to Iran’s unmanned drone program, including Hossein Hatefi Ardakani, the Iranian-based leader of the network who helped illegally procure hundreds of thousands of dollars worth of U.S. and foreign-made components to Iran. Along with the new sanctions, DOJ charged Ardakani and his accomplice, China-based Gary Lam, for violating U.S. export controls.