Implementation of export controls under FIRRMA seen as critical

New export controls, particularly for emerging technologies, will be among the most significant areas to watch as the administration begins implementing the Foreign Investment Risk Review Modernization Act, analysts tell Inside U.S. Trade. FIRRMA, which Trump signed into law on Monday, contains language requiring the administration to develop an inter-agency process to identify “emerging and foundational technologies” and create export controls for them. The law was crafted to address the concern that the current export control regime is too...