New Rules on Tech Broaden US Government Controls, Draw Focus to Transnational Subsidies

Key Takeaways

• In recent months, the Biden administration has expanded its regulatory jurisdiction over trade within China, particularly in tech.
• The administration argues that more expansive rules are necessary to counter China’s technology self-sufficiency and military modernization programs, and to offset the impact of subsidies.
• Little time remains before the next election, which could hasten the rollout of new compliance obligations for industry.