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ARTICLE · 18 OCTOBER 2024

Post-Election Export Controls Forecast

Buchanan Ingersoll & Rooney
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Whichever way November 5 goes, it is likely that export controls enforcement and sanctions implementation will continue to ramp up.

United StatesInternational Law
Grace Elizabeth Welborn
Grace Elizabeth Welborn
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Whichever way November 5 goes, it is likely that export controls enforcement and sanctions implementation will continue to ramp up. With such a large bipartisan consensus surrounding U.S. export and trade restrictions against China, the steady pace of economic sanctions designations, foreign investment restrictions, and trade controls will likely continue regardless of who will be sitting in the Oval Office come January.

The Department of Commerce, Bureau of Industry and Security (BIS) has been stepping up its export control enforcement, particularly with respect to protecting sensitive US technology from ending up in China. The recent $5.8 million dollar fine BIS imposed against Pennsylvania electronics firm - TE Connectivity Corp - and its Hong Kong affiliate for illegally exporting controlled technology to sanctioned military research institutes in China is just one indication of the agency's push for more significant penalties. Assistant Secretary Matthew

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