The Bureau of Industry and Security's recent rules that expanded foreign direct product rule restrictions over chip equipment (see 2412020016) and set new foundry due diligence rules (see 2501150040) are already hurting U.S. companies, the U.S.-China Business Council said, including by incentivizing foreign firms to design U.S.-origin goods out of their chip supply chains.

The Semiconductor Industry Association (SIA) called on the Bureau of Industry and Security April 15 to “rethink” its "flawed" interim final rule on artificial intelligence diffusion, saying the computing chip-related export controls are so complicated and far-reaching that they will harm the long-term international competitiveness of the U.S. semiconductor industry.

The Office of the U.S. Trade Representative is planning a phased-in approach to assessing fees on foreign-built vessels calling at U.S. ports, according to an April 17 announcement unveiling the results of its year-long Section 301 investigation.

Regular and broadly inclusive communication within a multinational company is key to having a successful export control program, two compliance experts said April 17 during a webinar hosted by professional services firm BDO.

The first few weeks of Undersecretary Jeffrey Kessler’s tenure at the Bureau of Industry and Security have been defined by industry uncertainty and skepticism toward career government and business officials, industry members and BIS staff said.

The U.S. government has told Nvidia and Advanced Micro Devices (AMD) that they must begin obtaining licenses to export certain computing chips to China, including Hong Kong and Macau, and certain other countries, the companies reported this week in filings with the Securities and Exchange Commission.

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The U.S. is likely to soon try to place export controls around open-source technologies, including technologies related to semiconductors and artificial intleligence, a geopolitical risk management consultant said.

Seven Senate Republicans led by Sen. Pete Ricketts, R-Neb., called on the Commerce Department April 11 to replace its “burdensome” rule to regulate the global diffusion of advanced AI chips and models.

Property management companies, real estate agents and other firms in the property services industry are underreporting suspected sanctions violations to the U.K. government, a U.K. sanctions agency said last week. The country’s Office of Financial Sanctions Implementation said it suspects those firms are illegally helping sanctioned Russians buy or sell property, adding that Russians are likely being aided by small-scale property service firms or “sole practitioners with high-risk appetites” and long-standing relationships with sanctioned people.