The US Department of Commerce’s Bureau of Industry and Security (“BIS”) published an interim final rule (“IFR”) on January 15, 2025, that introduces new export controls on artificial intelligence (“AI”) model weights and advanced computing integrated circuits (“IC”) in the Export Administration Regulations (“EAR”). The new controls are intended to simultaneously restrict exports to certain countries while establishing a framework to support the diffusion and supply of certain AI model weights and advanced computing ICs…
Since this post was published on January 26, 2025, the White House announced that the US and Colombian governments had reached an agreement on flights carrying individuals deported from the United States and paused efforts to impose the measures described above. Stay tuned for a blog post with insights and practical tips for trade between Colombia and the United States. On January 26, 2025, via the social media platform Truth Social, President Donald J. Trump…
On January 14, 2025, President Biden took action towards rescinding Cuba’s designation as a State Sponsor of Terrorism (“SST”) and to remove restrictions on financial transactions with certain Cuban parties by issuing to Congress a Certification of Rescission of Cuba’s Designation as a State Sponsor of Terrorism (“Certification”) and National Security Memorandum 29 (“NSM-29”) revoking a past National Security Presidential Memorandum related to Cuba that had been issued by then-President Trump in June 2017. President…
Shortly after taking the oath of office today, newly inaugurated President Trump signed a flurry of Executive Orders (“EOs”) and other executive actions. This include several actions related to US sanctions and export controls. Authority to Designate Cartels as Foreign Terrorist Organizations or Specially Designated Global Terrorists Trump signed an EO Designating Cartels and Other Organizations as Foreign Terrorist Organizations and Specially Designated Global Terrorists. This EO creates a legal authority to designate certain international…