Washington: The US on Tuesday signalled a sharp escalation in export control enforcement, warning that companies and ...

David Peters, who started as BIS assistant secretary for export enforcement in October, asked lawmakers to raise the penalty ceiling under the Export Control Reform Act beyond the ...

Since his nomination by the Biden administration was confirmed in 2021, Matthew Axelrod has sought to keep advanced semiconductors and other sensitive technologies out of the hands of foreign ...

Russia’s invasion of Ukraine has sparked a war with unusual implications: The U.S. has stepped up sanctions and export controls. But companies are increasingly learning that the most seemingly ...

Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to ...

The U.S. State Department says Raytheon will pay $4 million in civil penalties and another $4 million to make remedial self-improvements to resolve “hundreds” of civil violations of the Arms Export ...

Some of the alleged unauthorized exports consisted of “parts, components, and technical data related to sensitive U.S. and foreign government military platforms,” such as the Tomahawk cruise missile, ...

(Reuters) - The U.S. Commerce Department is likely to impose hefty fines on companies in the coming months for illegally shipping technology to customers in countries like China, a top department ...