us commerce department

The us commerce department's Bureau of Industry and Security has quietly closed a year-old loophole that let Nvidia's most advanced Blackwell AI chips reach overseas subsidiaries of Chinese companies without an export licence. Industry sources estimate hundreds of thousands of chips may have already shipped through the gap. The new guidance still leaves data centre servicing and TSMC foundry due diligence untouched, raising fresh enforcement questions.

India and the US have concluded "positive and constructive" trade talks, signaling progress towards a bilateral agreement. Discussions covered goods, non-tariff measures, and economic security. Both nations reaffirmed their commitment to advancing the pact, with a US envoy noting only a small percentage of issues remain unresolved, suggesting an imminent finalization.

The US has closed a loophole allowing Chinese firms to acquire advanced AI chips through overseas branches for nearly a year. This oversight, stemming from a past decision not to enforce a security rule, permitted access to top-tier processors. New guidance now imposes strict licensing for Chinese-headquartered companies, though existing chip usage and maintenance by subsidiaries are permitted.

India and the US are making rapid progress towards resolving the remaining issues in their proposed interim trade arrangement, with both countries expected to implement the first phase of the agreement by the middle of next month, Goyal said.

India and the US are nearing the finalization of a proposed trade agreement, with US envoy Sergio Gor expressing optimism for a resolution within weeks. Top negotiators are currently in New Delhi to iron out the remaining details of the interim pact. Gor also clarified that recent US tariffs were not specifically targeted at India, affecting numerous global economies.

India and the United States are nearing the finalization of their first bilateral trade agreement tranche, with most key details settled. A high-level US delegation is in New Delhi for crucial negotiations, aiming to conclude an interim pact. Both nations are confident of signing the agreement soon, building on a framework established in February.

Senior officials from India and the US are meeting in New Delhi to finalize an interim trade agreement and advance broader bilateral trade talks. Discussions will cover market access, customs, and investment, with potential recalibration of the deal due to recent US tariff changes. The agreement aims to boost trade and economic security between the two nations.

As synthetic drug networks evolve, US agencies are focusing on precursor chemicals, logistics systems, and international coordination to disrupt fentanyl trafficking.

In a significant policy shift, President Trump has mandated leading AI firms to voluntarily submit their advanced models for government cybersecurity testing. This 30-day pre-release screening aims to identify vulnerabilities and bolster national security, addressing growing concerns over powerful new AI systems. Tech giants like Google and OpenAI are already engaged in discussions with officials.

Jamshid Ghomi, a dual US-Iranian national, has been arrested for allegedly violating US sanctions by shipping sophisticated US-origin technology to Iran. He is accused of supplying networking, security, and encryption equipment to Iran's nuclear and military establishments, earning millions and laundering proceeds into his US accounts.

From Data Centre To Pharma, Textiles And Logistics, Govt Signs 75 MoUs With Firms

President Trump has signed an executive order for early government access to advanced AI models, aiming to assess cybersecurity risks and protect critical infrastructure. This voluntary collaboration with tech firms allows US agencies to review cutting-edge AI up to 30 days before public release, bolstering national security and combating AI-enabled cyber threats.

Despite its age, COBOL remains the critical backbone of the global financial system, handling trillions daily. As its original developers retire, a severe shortage of skilled programmers has emerged, leading to astronomical salaries for those who can maintain the ancient code. Young developers are now capitalizing on this scarcity, while institutions explore AI solutions to bridge the gap.

A recent USCIS announcement sparked panic by suggesting temporary US residents must return home for Green Card applications, except in extraordinary cases. While the administration later clarified it was a reminder of existing discretion, the episode has created significant uncertainty around the Adjustment of Status process, impacting many immigrants and businesses.