Last week, the White House announced a 100% Section 232 tariff on large drones and critical components, citing their dual-use applications. The duties are set to take effect on September 3.
Despite heightened tensions between the United States and China and the beginning of a pandemic-induced global recession in 2020, US goods exports to China rebounded after two years of tariff increases on both sides.
Between 2016 and 2020, technology-related foreign direct investment between the United States and China has fallen by 96%, according to research from Bain & Company. In a section of the company’s annual Technology Report, Karen Harris coauthored a piece about how US-China FDI in technology has plummeted and how that decoupling will affect companies moving […]
