In this episode, Reid Whitten, Managing Partner of Sheppard Mullin's London office and a frequent Nota Bene guest, joins host Scott Maberry to discuss the U.S. China-trade war, including its origins, where the conflict could be headed in the future, and the potential implications for trading partners, multinationals, and individuals.
What We Discussed in this Episode:
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What are the origins of the U.S.-China trade war?
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What were some of the seeds planted in the 1980s and 1990s?
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How did the U.S. approach to China change in 2018 and what were the results?
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What is the Foreign Direct Product Rule? What makes the rule so new and different?
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How is the U.S. attempting to bolster technological advances at home?
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What countermeasures might China take?
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Why haven’t any of those countermeasures been implemented?
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Are we headed for worldwide fragmentation of the post-WWII global economic order?
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What happens with Europe and other big trading partners in light of the U.S.-China trade war?
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What do you mean by "technological containment?"
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What would a policy of technical containment mean for the future?
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Who's impacted by all of this? What should they do?