Export Compliance Daily is providing readers with some of the top stories for Aug. 3-7 in case you missed them. You can find any article by searching on the title or by clicking on the hyperlinked reference number.
China sanctioned 11 U.S. citizens Aug. 10, including six lawmakers, days after the U.S. designated various Hong Kong officials for implementing Beijing’s so-called national security law (see 2008070039). Along with its sanctions, China criticized the U.S., saying it should “correct” the designations, which included asset freezes of security officials and Hong Kong leader Carrie Lam.
The U.S. on Aug. 7 sanctioned 11 top Hong Kong officials and police leaders for undermining Hong Kong’s autonomy. The designations, which came after Congress passed several bills targeting Beijing’s interference in Hong Kong (see 2007020046 and 1911290012), were the first sanctions imposed under President Donald Trump’s July executive order on Hong Kong normalization (see 2007150019).
The U.S. announced a ban on transactions with the parent companies of TikTok and WeChat, two Chinese-owned apps that President Donald Trump said threaten U.S. national security. In executive orders issued Aug. 6, the U.S. said it will prohibit any transaction with TikTok owner ByteDance and WeChat owner Tencent Holdings, beginning in 45 days.
As Canadians consider which of 68 aluminum-containing products to put on a tariff retaliation list, U.S. industrial producers and buyers of aluminum reacted with dismay to the news that a large segment of Canadian aluminum imports will face a 10% tariff starting Aug. 16.
The Federal Emergency Management Agency will continue export restrictions on an amended list of personal protective equipment through Dec. 31, the agency said in a notice released Aug. 6. The restrictions, which were scheduled to expire this month, now cover four categories of items, including certain respirators, masks, gloves and surgical gowns -- a decrease from the six categories FEMA has restricted since April. The changes take effect Aug. 10.
The U.S. needs to pour more resources into research and innovation of emerging technologies to boost commercialization and outpace Chinese technology development, Sen. Marsha Blackburn, R-Tenn., said. Blackburn advocated for a methodical decoupling from China, saying the U.S. needs to reshore manufacturing of critical technologies to help U.S. industries be more competitive in foreign markets.
U.S. export controls are set to become more of a factor at universities worldwide as U.S.-China technology competition accelerates, forcing academic institutions to adjust to an expanding basket of regulations and compliance standards, a Hinrich Foundation report said. Colleges, which already struggle with insufficient government export control guidance (see 2005120053), need to be prepared for increased controls on software and networks, placement of foreign universities on blacklists and bans on certain foreign funding, the report said.
Export Compliance Daily is providing readers with some of the top stories for July 27-31 in case you missed them.
Democratic and Republican senators called on the State Department to do more to pressure the Nicolas Maduro regime in Venezuela, saying the U.S.’s approach, which they called ineffective, should include more multilateral support and stronger sanctions against Maduro’s allies. Several senators said they would back legislation to grant the administration more sanctions powers.