Jan 17 (Reuters) - The U.S. government will crack down on companies that violate export rules, with stiffer penalties to deter future violations involving countries like China, Russia and Iran, a ...

The Department of Justice’s (DOJ) recent announcement that it would decline to prosecute a self-reported criminal export control violation demonstrates the continuing importance of prompt, voluntary ...

The Department of Commerce’s Bureau of Industry and Security (BIS) has a strategic role in U.S. national security, foreign policy, and economic interest. With a change in administration in 2025, BIS’s ...

Big changes are afoot at the U.S. Department of Commerce Bureau of Industry and Security that, on the one hand, would significantly raise the stakes for companies that run afoul of export control ...

RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement. The aerospace and defense company reached a settlement agreement with the U.S. State Department ...

(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 ...

WASHINGTON – New Jersey Rep. Tom Kean, Jr., R-7th, along with Rep. Julie Johnson (D-TX) have introduced bi-partisan legislation designed to prevent the smuggling of American-made artificial ...

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 ...

Key components produced by a leading Taiwanese chipmaker were found in a powerful AI chip from a Chinese company, according to an initial report from a semiconductor research firm, which experts say ...

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 ...

US export-control cases show how Nvidia chips and other restricted tech are allegedly diverted to China and Russia through ...

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, ...