January 15, 2025–Top Stories
White House Update
The Biden Administration issued an Interim Final Rule this week intended to prevent the diffusion of U.S. AI technology. Read the White House Fact Sheet.
Legislative Update
Confirmation hearings for President-elect Donald Trump’s nominees for Treasury Secretary and Homeland Security Secretary are scheduled for this Thursday and Friday respectively. Track all appointments here.
Regulatory Update
BIS published its Final Rule on vehicle connectivity system imports from China and Russia yesterday. AAEI worked closely with BIS throughout the process to provide feedback on this rulemaking. Read the future Federal Register Notice.
Industry Insight
Knowing your customer “is not a one-time exercise but an ongoing process that requires regular updates,” according to AAEI member Michael Ford. Read Michael’s 5 steps to Know Your Customer.
More Stories to Stay Informed:
- President-elect Donald Trump posted yesterday that he intends to create a new agency called the External Revenue Service that would collect tariffs on foreign imports to the U.S.
- President-elect Donald Trump is reportedly considering trade attorney Jeffrey Kessler to lead the Bureau of Industry and Security.
- The U.S. Trade Representative released its first trade strategy against forced labor, outlining goals the agency achieved under the Biden Administration, as well as its future goals.
- 37 new entities were added to the UFLPA Entity List yesterday, bringing the total number of designated entities to 144.
- CBP issued a Notice of Proposed Rulemaking this week that would increase information collection requirements for de minimis shipments.
- CBP published a Notice of Proposed Rulemaking this week that would require electronic submission of rail export manifest data to CBP through the Automated Commercial Environment (ACE).
- The potential East and Gulf Coast dock workers strike was averted last week, as the ILA and USMX reached a tentative deal on a new six-year contract.