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Putting the Biden Administration’s “New Economic Statecraft” in Context | Lawfare

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Biden’s turn towards industrial policy is easier said than done. It’s time to do the homework on new economic statecraft.

Vinod K. Aggarwal Andrew Reddie areddie89 Meet The Authors Subscribe to Lawfare On Aug. 9, President Joe Biden declared (via executive order) a national emergency associated with the development of artificial intelligence, semiconductor, and quantum computing technology critical for "military, intelligence, surveillance, or cyber-enabled capabilities" in "countries of concern" (read: China). The order itself mandates that U.S. firms disclose investments in China related to these markets (notifiable transactions) while seeking to restrict others entirely (prohibited transactions). This represen

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