Washington Expands FCC Tools To Restrict Chinese Imports

Key Takeaways

• The United States has moved to restrict Chinese imports through the FCC, targeting sectors where China dominates global markets, such as drones, robots, and power inverters.
• China has retaliated in a targeted fashion and will continue responding to future actions.
• Multinationals should expect further import restrictions impacting strategic sectors the United States wants to onshore, along with corresponding Chinese countermeasures, compounding risks to the Busan trace.