The U.S.-China relationship continues to be a contentious one. Tensions over trade, technologies like 5G networks, and other issues flared over the past few years. What changes to international relations, if any, can the new presidential administration bring about, and what policies from the former administration will have lasting implications?
Joining Michael for this discussion are attorneys and global commerce specialists, Scott Maberry and Reid Whitten.
Scott Maberry is an International Trade partner in the Government Contracts, Investigations & International Trade Practice Group in the Sheppard Mullin Washington, D.C. office. Scott counsels clients and litigates disputes in the areas of export controls, the Foreign Corrupt Practices Act (FCPA), anti-terrorism, economic sanctions, anti-boycott controls, anti-money laundering (AML), the Foreign Agents Registration Act (FARA), trade remedies including antidumping and countervailing duty (AD/CVD) matters, and Customs.
Reid Whitten is the Managing Partner of Sheppard Mullin's London office, practicing in international trade regulations and investigations. He shares his time serving clients out of the Washington, D.C. office. He is also Leader of the Sheppard Mullin CFIUS Team. Reid is a thought leader on cross-border business regulations. Reid is an Adjunct Professor at the New College of the Humanities in London and at Wake Forest University in the U.S., where he teaches courses on the law of international business. He is the lead author and editor of The CFIUS Book and is the head of the firm's CFIUS Team.
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What We Discussed in This Episode:
- How did the Trump Administration’s international trade policies shape the relationship between China and the U.S. today?
- What major changes in export controls began under the former administration?
- What lessons can be learned from the Federal lawsuits involving WeChat and TikTok?
- How can the U.S. get out of an economic war with China?
- What might be the impact of China’s blocking statutes and their attempt to subvert U.S. sanctions?
- What capacity do China and the U.S. each have to navigate the fight for economic preeminence and potentially reach a resolution?
- What labor rights provisions are included in the U.S.-Canada-Mexico agreement and how do those provisions affect the relationship between the three countries?
- What trends can be seen in foreign direct investment?
Resources
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"Friend or Foe? The DOC Issues New Interim Rule on Transactions Involving Information and Communication Technology or Services (“ICTS”) and Foreign Adversaries," Global Trade Law Blog, January 27, 2021
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"The Next Four Years in International Business," Global Trade Law Blog, January 27, 2021
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"Four Ways the Biden Presidency Could Impact Imports, Tariffs, and Trade Agreements," Global Trade Law Blog, November 16, 2020
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"UPDATE: National Security Meets Teenage Dance Battles: U.S. Increases Pressure on ByteDance Sale of TikTok," Global Trade Law Blog, August 17, 2020