The Stockholm International Peace Research Institute (SIPRI) has published a new analysis highlighting the proliferation risks associated with emerging actors in the biotechnology sector, …

The United States and the United Arab Emirates have launched the U.S.-UAE AI Acceleration Partnership, a comprehensive bilateral framework to deepen cooperation on artificial intelligence and critical technologies.

Treasury’s Office of Foreign Assets Control (OFAC) designated nearly two dozen companies across multiple jurisdictions for facilitating Iran’s illicit international oil trade, which funds …

A bipartisan group of senators have introduced the Safeguarding Transit Operations to Prohibit (STOP) China Act,   aimed at protecting U.S. transit systems and supply chains from Chinese government-linked companies. The legislation would bar the Department of Transportation (DOT) from using appropriated funds to support the purchase of buses or rail cars from entities affiliated with the Chinese government. It also directs the U.S. Trade Representative, in consultation with the Attorney General, to identify and publish a list of prohibited Chinese companies.

Treasury's Office of Foreign Assets Control (OFAC) has issued Russia-related General License 124, "Authorizing Petroleum Services Related to the Caspian Pipeline Consortium and Tengizchevroil." The previous license with similar content - No. 121, which also included the Sakhalin-2 project - expires on June 28, 2025.

OFAC designated four individuals—two senior Hizballah officials and two financial facilitators—for their roles in coordinating and processing funding for the terrorist group. Thursday's designations target operatives based in Lebanon and Iran who manage financial transfers from overseas donors, a critical source of Hizballah’s budget.

Following last week's announcement of sanctions on Cuban baseball players, the State Department announced a determination that Cuba did not fully cooperate with U.S. counterterrorism efforts in 2024 and has re-certified the country as a “Not Fully Cooperating Country” (NFCC) under Section 40A of the Arms Export Control Act.

The Bureau of Industry and Security (BIS) is seeking final public comments on its request to renew the information collection related to the Chemical Weapons Convention (CWC) Declaration and Report Handbook and associated forms and regulations.

Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on six individuals and 12 entities involved in Iran’s efforts to indigenize the production of carbon fiber and related materials for its ballistic missile program.

Ongoing global trade tensions overshadowed the 13–14 May meetings of the World Trade Organization’s (WTO) Committee on Market Access (CMA), which marked its 30th anniversary. The session, chaired on an interim basis by Ms. Nicola Waterfield of Canada, featured pointed exchanges over recent U.S. tariff actions, China’s reciprocal measures, and the European Union’s deforestation-related trade regulation.

Tuesday, the Department of Commerce (DOC) initiated a rescission of the Biden Administration’s AI Diffusion Rule, while announcing additional steps to strengthen export controls on semiconductors worldwide. Below find links to the Commerce Guidance issued with the changes.

Nicole Creola Kelly left the SEC in March, reportedly having accepted the DOGE buyout offer.  The Office of the Whistleblower Chief had served in the position since November 2021.

On May 8, 2025, the European Commission proposed retaliatory tariffs on up to €95 billion ($107 billion) worth of U.S. imports, contingent upon the outcome of ongoing trade negotiations. The proposed measures target sectors including aerospace, automotive, chemicals, machinery, and agriculture. A public consultation on these measures is open until June 10, 2025. 

 In remarks at SIFMA’s Annual Anti-Money Laundering and Financial Crimes Conference, Matthew Galeotti, Head of the U.S. Department of Justice’s Criminal Division, announced sweeping reforms to the Division’s white-collar enforcement framework. The new strategy emphasizes prosecutorial focus, regulatory efficiency, and enhanced incentives for corporate cooperation.

President Trump Monday signed an executive order aimed at reducing prescription drug costs by establishing a “most-favored-nation” (MFN) pricing policy, which would benchmark U.S. drug prices to those paid in economically comparable countries.

The Alcohol and Tobacco Tax and Trade Bureau (TTB), under the Department of the Treasury, has announced a request for public comments on 13 currently approved information collections, all of which are being submitted for extension without programmatic change.

 China and the United States released a joint statement Monday following their high-level economic and trade meeting in Geneva, committing to a 90-day suspension of newly imposed tariffs and the establishment of a bilateral mechanism for continued negotiations. The Geneva joint statement signals a temporary partial de-escalation in the latest round of U.S.-China trade tensions, but it does not affect the broader architecture of tariffs already in place prior to April 2025.

The House of Representatives passed bills related to trade and economic security: addressing IP protection, procurement of Uyghur Region-origin goods, Chinese cultural missions in the US, and Export License reporting to Congress.

Friday's surprise announcement that the Commerce Department has opened a Section 232 investigation on the import of commercial aircraft, jet engines and parts further confirms the embrace of the mechanism by the Trump administration.   Since January 20, 2025, the U.S. Department of Commerce has initiated seven Section 232 investigations under the Trade Expansion Act of 1962, focusing on imports deemed critical to national security.

Nippon Steel continued to state its intention to acquire U.S. Steel, emphasizing the strategic importance of the deal amid rising trade uncertainty and continued U.S. tariffs under President Donald Trump. Lawmakers and the United Steelworkers President David McCall remain opposed to the transaction, while rank and file sentiment is mixed.