In a regulatory blitz, the Trump administration has recently
taken a series of unprecedented actions designed to further protect
domestic information and communications technology, or ICT, and
services from what it considers Chinese threats. These steps will
constrain China’s access to the U.S. market and to U.S.
technology — and some have an immediate effect.
We summarize below the implications of these new developments,
and flag key takeaways for M&A professionals.
The View From Washington
The month of May saw significantly increased tensions between
the U.S. and China on national security grounds, which will have a
cascading economic impact.
According to President Donald Trump, foreign adversaries are
increasingly creating and exploiting vulnerabilities in the U.S.
ICT sectors in order to commit malicious cyber-enabled actions,
including economic and industrial espionage against the United
States. Trump has emphasized that maintaining an open