News Snapshot:
On November 12, 2020, President Donald Trump signed an executive order prohibiting “United States persons†from engaging in “transactions†in securities of “Chinese Communist military companies.†The order marks another escalation in the ongoing trade dispute between the United States and China, which has enmeshed a number of Chinese companies integral to the United States industrial supply chain. Although it is unclear whether President-elect Joe Biden will maintain the executive order, which does not take effect until January 2021, the action provides an opportunity for companies to review international supply chains and distribution platforms to ensure compliance with applicable international...
