Big Fines Coming for US Export Violations, Says Ex-commerce Official, as China Sales Probed

Big Fines Coming for US Export Violations, Says Ex-commerce Official, as China Sales Probed
A fence surrounds the U.S. Department of Commerce in Washington October 5, 2013, as the government shutdown continues into the weekend. Mike Theiler/Reuters
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The U.S. Commerce Department is likely to impose hefty fines on companies in the coming months for illegally shipping technology to customers in countries like China, a top department official who left last month said on Thursday.

Matthew Axelrod, as Commerce’s assistant secretary for export enforcement during the Biden administration, pushed for tougher penalties against companies that violated export controls on China, Russia and Iran.