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 September 2024 issue, we will discuss: (1) USTR inviting public comments on WTO dispute settlement proceeding regarding China’s allegations around certain tax credits under the Inflation Reduction Act; (2) bipartisan group of Senators introducing bill to prevent Chinese companies from using certain American tax credits; and (3) Commerce issuing a proposal to require reporting development of advanced AI models and computer clusters.