US Decoupling From China and the Onshoring of Critical Supply Chains: Implications for Private Sector Businesses

WilmerHale
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With the onset of the COVID-19 pandemic and the serious supply chain vulnerabilities it has exposed, we are seeing a seismic shift in US policy and regulation, from stepped-up measures to protect US technology, intellectual property and data from theft or acquisition by China to a new national imperative to end US dependence on China for strategically important materials, components and products. In this paper, we provide a comprehensive discussion of the security -driven, China-focused policy and regulatory developments affecting private sector businesses, with particular attention to recent changes addressing US supply chain concerns.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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