Industry Groups Push Back On Commerce Department’s Proposed Supply Chain Regulations That Could Block Or Restrict Tech Transactions

Maria Sergeyeva recently authored the blog post “Industry Groups Push Back on Commerce Department’s Proposed Supply Chain Regulations That Could Block or Restrict Tech Transactions” for Baker McKenzie’s Global Supply Chain Compliance blog.  The post highlights concerns expressed by many trade associations and businesses with the highly anticipated proposed regulations issued by the US Department of Commerce to implement Executive Order 13873, “Securing the Information and Communications Technology and Services Supply Chain.”  Executive Order 13873 gives the Secretary of Commerce sweeping, unprecedented authority to prevent or modify transactions involving information and communications technology and services originating in countries designated as “foreign adversaries” that pose an “undue risk” to critical infrastructure or the digital economy in the United States or an “unacceptable risk” to US national security or the safety of United States persons.  All industries are potentially affected, whether directly or indirectly, and most US businesses will need to re-evaluate their supply chain policies to comply with the proposed regulations. The Sanctions and Export Controls Update previously blogged on the issuing of the proposed rules and regulations implementing Executive Order 13873.