Export Controls Should Be 'Simpler, Stricter,' Agencies Report to White House
The White House last week released a summary of the April 1 reports it received from U.S. agencies on President Donald Trump’s America-first trade policy agenda (see 2501210023). The summary includes brief mentions of export controls and investment restrictions.
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U.S. agencies, including the Commerce and State departments, said America needs to “ensure that its advanced technology does not flow to our adversaries,” the White House summary said. “Export controls should be simpler, stricter, and more effective, while promoting U.S. dominance in [artificial intelligence] and asserting global technological leadership.”
A section on outbound investment restrictions says the National Security Council and the Treasury Department “will evaluate options that allow American business to thrive while ensuring that they, too, put America First and do not undermine U.S. national security interests.” The administration plans to examine “whether the scope of outbound investment restrictions should be expanded to be responsive to developments in technology and the strategies of countries of concern,” the summary said.
The White House said the full report is “non-public.”