In 2024, trade controls took on an Olympic-like complexity, necessitating logistics professionals to adapt to new regulatory challenges. Export control agencies collaborated more closely, emphasizing the need for robust internal compliance programs and awareness of potential risks. Notably, adjustments to the de minimis import exemption and new Export Control Classification Numbers (ECCNs) were introduced, demanding increased documentation and compliance efforts. Additionally, the Bureau of Industry and Security updated its Entity List to include high-risk addresses, complicating screening processes. Staying informed and agile is essential for compliance in the evolving landscape.

Source: https://www.logisticsmgmt.com/article/2024_trade_update_staying_compliant_through_team_effort/