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32 new news items in the last 24 hours
2 August 07:40

Tens of thousands of applications for export licenses, including to China, are blocked because of the BIS agency's malfunctions, hurting businesses.

Delia Niculescu
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International
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The Bureau of Industry and Security (BIS) is facing institutional paralysis, blocking tens of thousands of applications for export licenses due to a lack of clear rules and internal problems. The company Nvidia, for example, is waiting for a license for H20 chips, and the average approval time has risen to 38 days. Criticism targets the leadership style of Undersecretary Jeffrey Kessler, and exporters' discontent is growing as Chinese companies find alternatives. Lack of transparency and understaffing at the agency complicates the situation.

Sources

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G4Media
Blocaj în aprobarea exporturilor americane, inclusiv către China: Mii de cereri rămân în aer din cauza haosului birocratic
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Stirile ProTV
Blocaj în aprobarea exporturilor americane: mii de cereri rămân în aer din cauza haosului birocratic
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News.ro
Blocaj în aprobarea exporturilor americane: mii de cereri rămân în aer din cauza haosului birocratic

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Nvidia and AMD have agreed to pay 15% of revenue from chip sales to China as part of a deal with the US government to obtain export licenses.
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Economy
Nvidia and AMD have agreed to transfer 15% of revenues from chip sales in China to the US government, in exchange for export licenses.
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International
Nvidia CEO Jensen Huang has announced talks with the Trump administration for a chip aimed at China's AI data centers, but the decision is up to the US government.
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International
Chinese authorities have asked companies to refrain from using Nvidia and AMD chips for government and national security applications.
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Economy
Intel stated that the acquisition by the Trump administration of 10% of shares involves significant risks for shareholders and international business.
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International
US Commerce Secretary Howard Lutnick estimates that the US will collect $50 billion a month in tariffs, up from $30 billion.
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