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Troutman Pepper Locke

FCC Expands National Security Reporting Requirements and Restrictions

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On May 27, the Federal Communications Commission (FCC) opened two rulemaking proceedings aimed at foreign involvement in U.S. communications networks, particularly by countries identified as foreign adversaries, such as China...more

Morrison & Foerster LLP

Top 10 International Anti-Corruption Developments for June 2025

Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past...more

Mintz - Antitrust Viewpoints

President Trump Signs Law with Over $1 Billion of AI Funding, and US Rescinds Chip Export Restrictions to China - AI: The...

On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act, which allocates over $1 billion toward advancing the federal government’s use of AI. The funding package reinforces the administration’s...more

Skadden, Arps, Slate, Meagher & Flom LLP

M&A in the AI Era: Key Antitrust and National Security Considerations

Key Points - - As more jurisdictions adopt AI regulations, and AI-related transactions are reviewed on multiple legal grounds, it is critical for companies considering deals to assess the regulatory hurdles early on and...more

Pillsbury Winthrop Shaw Pittman LLP

G7 Releases Critical Minerals Action Plan on the Heels of IEA’s 2025 Critical Minerals Outlook

The IEA’s 2025 Global Critical Minerals Outlook reveals a market at a crossroads: While demand for energy transition and other minerals continues to surge, investment and supply diversification are not keeping pace....more

Wiley Rein LLP

President Trump’s Cyber Mandate: Analysis of Executive Order on Strengthening U.S. Cybersecurity

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President Trump issued a cybersecurity Executive Order, “Sustaining Select Efforts to Strengthen the Nation’s Cybersecurity” (Trump EO), along with a corresponding Fact Sheet on June 6, 2025. The Trump EO clears some of the...more

Hogan Lovells

BIS announces rescission of Biden-Era AI Diffusion Rule and issues new AI policy and guidance

Hogan Lovells on

At the same time that it potentially reduced licensing requirements on advanced computing items to a smaller group of countries by notifying industry that it started the process to rescind the AI Diffusion Rule, the U.S....more

Hogan Lovells

Legislation introduced in Senate Foreign Relations Committee to support U.S. competitiveness against Russia and China for global...

Hogan Lovells on

Earlier this week, U.S. Senators Jim Risch (R-Idaho), chairman of the Senate Foreign Relations Committee, Chris Coons (D-Del.), Mike Lee (R-Utah), and Martin Heinrich (D-N.M.), chairman and ranking member of the Senate Energy...more

Sheppard Mullin Richter & Hampton LLP

Throwing Away the Toaster: Where AI Controls Are Now and May be Heading

Anyhow, on a possibly related note, on May 14, 2025, BIS announced that it will rescind the AI Diffusion Rule and that, until the time of the official recission, would not enforce the Biden-era regulation. Stop-Gap Stopped -...more

WilmerHale

US Export Controls on “AI Diffusion” Officially Paused, but New Guidance Elevates Risk for AI-Related Exports

WilmerHale on

On May 13, 2025, the Department of Commerce formally signaled its intention to rescind the Biden Administration’s Framework for Artificial Intelligence Diffusion (AI Diffusion Rule) two days before the January 2025 Interim...more

King & Spalding

Executive Order “Restoring America’s Maritime Dominance”: Revitalizing the U.S. Shipbuilding and Maritime Industry

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On April 9, 2025, President Trump signed an Executive Order (the “EO”) entitled Restoring America’s Maritime Dominance. The EO directs the creation of a comprehensive Maritime Action Plan aimed at revitalizing U.S. maritime...more

McGuireWoods LLP

Outbound Investment Rules and Implications on U.S. Loan Documentation

McGuireWoods LLP on

The U.S. outbound investment security program, or Outbound Investment Rules, went into effect on Jan. 2, 2025, and financial institutions have had a few months to adjust to the new regulations....more

Dorsey & Whitney LLP

Trump Administration Modifies Tariff Actions under National Security Powers

Dorsey & Whitney LLP on

Not long after announcing new global “reciprocal” tariffs on imports from around the world at the beginning of April 2025, which we previously reported in a recent eUpdate, President Trump began modifying that tariff action....more

Proskauer - Regulatory & Compliance

Trump Administration issues America First Investment Policy

Positive Development for Investors from Allied Nations - In a further solidification of the Administration’s efforts to isolate identified adversaries and strengthen U.S. leadership key strategic technologies, the...more

Brownstein Hyatt Farber Schreck

The Trump Administration Seeks to Increase U.S. Shipbuilding and Naval Readiness

On March 4, President Donald Trump delivered his first joint address to Congress to discuss his achievements at the start of his second administration, his campaign promises and forward-looking policy goals. During the...more

King & Spalding

Trump Administration Early Executive Orders Signal Shift in AI Policy

King & Spalding on

Since returning to office, President Trump quickly issued two executive orders that mark a significant shift in the federal government’s approach to artificial intelligence regulation and oversight (“Trump AI EOs”). These...more

ArentFox Schiff

Important Update on Tariffs and Their Impact on the Construction Industry

ArentFox Schiff on

President Trump recently announced new and increased tariffs affecting key construction materials. The on-again, off-again nature of the Trump Administration’s tariff measures are contributing to the economic uncertainty in...more

Wiley Rein LLP

Update: DOJ and CISA Issue New National Security Program to Regulate Foreign Access to Sensitive Data

Wiley Rein LLP on

On January 8, 2025, the U.S. Department of Justice (Department or DOJ) issued new rules required by then-President Biden’s February 2024 Executive Order (EO) 14117 to establish a new regulatory framework aimed at “Preventing...more

Lathrop GPM

New DOJ Limits on Cross-Border Data Transfers Prompt Assessment by Businesses

Lathrop GPM on

On April 8, the National Security Division of the U.S. Department of Justice’s (DOJ) new rule on cross-border data transfers takes effect. It restricts U.S. businesses from transferring certain bulk sensitive personal data to...more

Morgan Lewis

Foreign Direct Investment in Asia: Key Trends and Regulatory Considerations

Morgan Lewis on

Foreign direct investment (FDI) in Asia continues to expand, with jurisdictions across the region implementing diverse regulatory frameworks to attract and control foreign capital. Understanding the nuances of these...more

Dacheng

DeepSeek and China’s AI Regulatory Landscape: Rules, Practice and Future Prospects

Dacheng on

During the 2025 Chinese New Year, DeepSeek, a Chinese artificial intelligence (“AI”) model, garnered intense global attention and sparked heated discussions. It surpassed ChatGPT, which had been in the spotlight previously,...more

Brownstein Hyatt Farber Schreck

Navigating the Trump Administration’s Tariffs – State of Play and Key Dates

Tariffs are a vital part of the Trump administration’s economic and international policy agenda. Less than two months into the new administration, the president has imposed new tariffs on major trading partners, expanded...more

Kelley Drye & Warren LLP

Tariffs and Trade Actions: Summing Up the Last Few Days

The tariff news of the last day has been coming at full speed. Whether a small manufacturer or part of a multinational group company; a firm that manages cross-border supply chains on a daily basis or one that rarely thought...more

Wilson Sonsini Goodrich & Rosati

President Trump Issues “America First Investment Policy”

On February 21, 2025, the White House released a memorandum titled, “America First Investment Policy” (the Memorandum). The Memorandum describes how this Administration plans to address U.S. national security risks stemming...more

Mayer Brown

Trump Administration’s “America First Investment Policy” Previews New Restrictions on Inbound and Outbound Investment

Mayer Brown on

On February 21, 2025, President Trump issued a new memorandum addressing both foreign investment into the United States and outbound investment by US persons. Without imposing immediate legal or regulatory changes, the...more

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