US China Trade Monthly - July 2024

As global economic and geopolitical environments enter a new era, companies need to continuously develop and adjust their coherent global business strategies to secure and further expand business opportunities in all markets while minimizing political and legal risks by ensuring compliance. To assist you with that task, Mayer Brown’s US-China Trade Monthly provides news and insights related to the latest US developments impacting the US-China bilateral trade relationship.

In this July 2024 issue, we will discuss: (1) the formation of a Critical Minerals Policy Working Group in the US; (2) G7 leaders uniting against Chinese excess production capacity during the recent summit; 3) President Biden formalizing the White House Council on Supply Chain Resilience; and (4) the Department of Commerce's Bureau of Industry and Security (BIS) issuing its first ban under Information and Communications Technology and Services (ICTS) authorities.