US export controls now reach any company owned by a restricted entity

The US Commerce Department just tightened its rules for what can be exported. Any company that is at least 50% owned by an entity on a US restriction list will now automatically face the same export limits.

For years, companies on US restriction lists could use partially owned affiliates to get around export rules. This change means the US government no longer has to individually name every related company to block exports to it. It makes it much harder for restricted entities to access sensitive goods by hiding behind complex corporate structures.