The latest on the Trump administration import tariffs from Canada, Mexico and China and tariffs on certain commodities and commodity products.

The Commerce Department issued a rule that increases export controls on AI-related items, among other unprecedented steps. We discuss 3 key takeaways.

The DOJ has finalized prohibitions and restrictions on cross-border transfers of certain data to China and other “Countries of Concern.”

China has issued the Regulation on Export Control of Dual-Use Items, which will take effect on December 1, 2024.

Both U.S. and non-U.S. financial institutions should evaluate and consider bolstering their transaction screening and export controls compliance.

The Commerce Department’s BIS has proposed a rule that would establish reporting requirements to track development of advanced AI models.