China on Tuesday expanded its retaliatory measures against the United States by imposing new export and investment restrictions on 25 U.S. firms on national security grounds, while also implementing additional tariffs. The move comes amid escalating trade tensions between the two countries.
Among the newly targeted companies are four U.S. firms placed on China's export control list:
Leidos Holdings: Headquartered in Virginia and involved in developing hypersonic weapons, Leidos was recently awarded a $987 million contract for F-16 fighter jet support for the Taiwanese military.
Gibbs & Cox: Acquired by Leidos in 2021, this naval architecture firm specializes in designing sea surface warships, including anti-submarine warfare frigates for Taiwan.
IPVM: The surveillance company has reported on Chinese surveillance practices, including allegations that Hikvision has collaborated with the Chinese government to monitor minority Uyghurs.
Sourcemap: Providing software solutions for supply chain transparency and due diligence, Sourcemap has been used by global brands to vet cotton sourced from China's Xinjiang region.
Chinese authorities stated that the soybean and lumber import suspensions were prompted by the detection of ergot, seed coating agents, pests, and other contaminants in shipments. While these measures target specific U.S. companies, China refrained from imposing restrictions on major U.S. household names.
The new curbs are part of a broader set of retaliatory actions following U.S. tariffs imposed by the Trump administration. Earlier this week, China levied import duties on $21 billion worth of American agricultural and food products, intensifying the ongoing trade dispute.
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China has unveiled a redesigned version of its state-backed digital currency, marking the latest step in the country’s long-running effort to modernise how money moves through its economy.
The Philippine foreign ministry on Wednesday (11 February) called on the Chinese Embassy in Manila to adopt a “constructive” tone in its statements, amid an intensifying war of words between Chinese diplomats and Philippine officials, including senators.
China became Brazil’s largest source of imported vehicles in January, overtaking long-time leader Argentina in a shift that underscores Beijing’s rapidly expanding influence in one of Latin America’s biggest auto markets.
China will offer firm support for "patriotic pro-reunification forces" in Taiwan and strike hard against "separatists", the top Chinese official in charge of policy towards the democratically-governed island said on Tuesday (10 February).
Greek Prime Minister Kyriakos Mitsotakis arrived in Ankara on Wednesday, where Turkish President Recep Tayyip Erdoğan held an official welcoming ceremony at the Presidential Palace, marking the start of high-level talks between the two NATO allies.
A senior adviser to Iran’s Supreme Leader said on Tuesday that negotiations with the United States must remain focused on the nuclear issue and be grounded in realism, as Washington and Tehran prepare to resume talks mediated by Oman.
China became Brazil’s largest source of imported vehicles in January, overtaking long-time leader Argentina in a shift that underscores Beijing’s rapidly expanding influence in one of Latin America’s biggest auto markets.
James Van Der Beek, who rose to fame as Dawson Leery in the hit teen drama Dawson’s Creek, has died aged 48 following a battle with stage 3 colorectal cancer.
The suspect in a deadly school shooting in western Canada was an 18-year-old woman who allegedly killed her mother and stepbrother before attacking her former school. Investigators have not provided a motive for what is being described as one of the worst mass killings in Canada.
Belgian police raided offices of the European Commission in Brussels on Thursday (12 February) as part of an investigation into the sale of European Union real estate assets in 2024, the Financial Times reported.
Polls have close in Bangladesh's first general election since the fall of Sheikh Hasina’s government, marking a pivotal moment in the country’s political transition. Turnout reached 47.91% by early afternoon, according to partial data from election authorities.
Stalled U.S.–Iran talks and mounting regional tensions are exposing a growing strategic rift between Washington and Tel Aviv over how to confront Tehran, political analyst James M. Dorsey says, exposing stark differences in approach at a critical moment.
A Republican lawmaker accused on Wednesday (11 February) Attorney General Pam Bondi of concealing the names of Jeffrey Epstein’s powerful associates. The claim was made during a heated House hearing on the Justice Department’s handling of the files.
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