Secretary Raimondo announced that the United States will not be compromising with China on “matters of national security” in response to calls to reconsider the recent Executive Order directing the Department of Treasury to create a regulatory mechanism to prohibit exports of certain semiconductors to China. Comments are due to the Department of Treasury by September 28 to help shape forthcoming regulations on outbound investment….
By: Pillsbury Winthrop Shaw Pittman LLP
By: Pillsbury Winthrop Shaw Pittman LLP