China and International Trade Controls as the Biden Administration Commences | Orrick, Herrington & Sutcliffe LLP
In response to a U.S. government consensus that trade with China involves grave national security risks, the Trump Administration promulgated a broad series of China-directed export controls, economic sanctions and import rules. The flow of trade measures became a torrent in the Trump Administration’s final months. This alert briefly surveys key new trade controls from late in the Trump Administration and Chinese policy responses that the Biden Administration inherits. It is not clear that the Biden Administration will prioritize a more regularized trading relationship with China. As it mov...
Source: jdsupra.com