As global economic and geopolitical environments enter a new era, companies need to continuously develop and adjust their coherent global business strategies to secure and further expand business opportunities in all markets while minimizing political and legal risks by ensuring compliance. To assist you with that task, Mayer Brown's US-China Trade Monthly provides news and insights related to the latest US developments impacting the US-China bilateral trade relationship.
In this July 2024 issue, we will discuss: (1) the formation of a Critical Minerals Policy Working Group in the US; (2) G7 leaders uniting against Chinese excess production capacity during the recent summit; 3) President Biden formalizing the White House Council on Supply Chain Resilience; and (4) the Department of Commerce's Bureau of Industry and Security (BIS) issuing its first ban under Information and Communications Technology and Services (ICTS) authorities.
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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.