The Trump administration cut $20M in funding for the Bureau of Industry and Security, which oversees chip export controls, representing ~10% of BIS's budget (Mackenzie Hawkins/Bloomberg) 27-03-2025

Mackenzie Hawkins / Bloomberg:
The Trump administration cut $20M in funding for the Bureau of Industry and Security, which oversees chip export controls, representing ~10% of BIS’s budget — A White House move to cut 10% of the funding for the agency responsible for semiconductor export controls risks undermining US efforts …