Nota Bene Episode 85: Trade Wars - The Rise of Export Controls and the Impact on the Growth of Technology with Reid Whitten
What is the next move in the China-U.S. trade war? Where does the U.S. currently stand, what changes in exports have been implemented since the beginning of the trade war, and how might the war impact the growth of the technology sector?
Joining Michael for this conversation is Reid Whitten. Reid 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. 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:
- Where do we currently stand with respect to our trade war with China?
- What concessions has China made since we began the trade war a couple years ago?
- How have the current administration’s decisions affected the amount of power the U.S. holds regarding trade?
- How has China managed to gain stronger geopolitical and economic standing around the world?
- How can the U.S. regain some economic and political standing?
- Is it possible for China to assert its newfound political power to assert its economic goals?
How will the trade wars affect the growth of the technology sector?
- How, in the battle over technology, can the U.S. government apply pressure against Chinese companies?
- What should multinational companies be thinking about now in order to successfully navigate the world as it is today?
Resources:
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"CFIUS UPDATE ISSUE — CFIUS Scrutiny in Biotech: The Ekso Case and the Eye of the Terminator," Global Trade Law Blog, May 29, 2020
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"Huawei Whack-A-Mole: The U.S. Takes Another Swing at the Chinese Semiconductor Industry," Global Trade Law Blog, May 19, 2020