Inside Trade

January 24, 2025

Moolenaar blasts new export controls as rife with loopholes

By Brett Fortnam  / December 6, 2024 at 11:48 AM
New export controls levied on China by the Bureau of Industry and Security are riddled with loopholes, House Select Committee on the Chinese Communist Party Chair John Moolenaar (R-MI) charged this week, claiming the agency crafted the measures to “purposefully” help Chinese companies. The Commerce Department on Monday unveiled a much-anticipated update to its China-focused controls on semiconductor-related technologies, placing new controls on high-bandwidth memory products, adding two foreign direct product rules to limit China’s access to semiconductor manufacturing equipment...

Not a subscriber?

Request 30 days free access to exclusive, behind-the-scenes reporting on trade policy in the Biden era.