Great fines for companies with export violations are called a former trade official

By Karen Freifeld

(Reuters) – The US Commerce Department is likely to apply heavy fines in some major companies such as illegal transport technology as illegal transport technology in the coming months.

Matthew Axelrod led to harsh punishments against companies that violate export control in China, Russia and Iran during the Assistant Export Secretary of Trade Trading Secretary.

In 2023, in 2023, Seagate technology was signed in 2023 to send China to Huawei in the list of the US Commercial Department, which is sending goods and services to the company due to the Russian Trade Department.

“We hoped that in 2024 would be a solution to some major research, but it seems like in 2025,” he said, Axelrod aggressively implementing the Aggressive Administration. On Monday, Gibson joins Dunn Law firm.

Axelrod, the company will not check. However, an outdoor research, in 293 by the Department of Both Trading and Justice, Kalignia-based chip equipment manufacturer Santa Clara, CHIP-based chip equipment manufacturer, supplying China’s best chipMaker, semiconductor production International Co.

Another probe includes San Jose, Calif Based Cadence Design Systems, Chip Design Program Firm. In 2021, Cadence, according to the Trade Department, demanded the production of certain customer notes in China and made an administrative call from the trade department. Another polling station from the Department of Justice came in 2023.

On February 21, the company said that in December, “the preliminary results of research and the potential solution of this issue,” he said.

The departments of trade and justice did not respond immediately to the surveys for comment. Materials and Cadence TK.

In addition to increasing civilian penalties, Axelrod helped a useful technology with justice work in 2022 and expects to continue to provide criminal cases against foreign enemies, but not on the same initiative.

Before trading, the Ministry of Justice will have a new experience in Axelrod, sanctions and export air conditioners Gibson Dunn.

Trading Secretary Secretary Howard Lutnick said in response to the approval meeting: “I intend to apply strongly to be significant for the export control.”

(Report by Karen, edit by the skies of Louuce)