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

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

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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 towards China. Beyond stepped-up measures to protect US technology, intellectual property and data from theft or acquisition by China, there is 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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