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.
A small, silent object from another star is cutting through the Solar System. It’s real, not a film, and one scientist thinks it might be sending a ...
Serbian President Aleksandar Vučić will pay an official visit to Uzbekistan from 28 to 31 October at the invitation of President Shavkat Mirziyoyev....
British actress Prunella Scales, best known for playing the formidable Sybil Fawlty in comedy show "Fawlty Towers", has died age 93, her sons said in ...
A light aircraft carrying foreign tourists from Hungary and Germany crashed in Kenya on Tuesday morning, killing all 11 people on board....
Ukraine is ready for peace talks but will not withdraw its troops from additional territory first as Moscow has demanded, President Volodymyr Zelensky...
The Southeast Asian bloc ASEAN and China on Tuesday signed an upgrade to their free trade agreement, which is expected to include sections on digital, green economy and other new industries.
India and China have resumed direct commercial flights for the first time in five years, marking a cautious thaw in relations between the two Asian giants.
U.S. President Donald Trump said on Monday that he hoped to secure a trade deal with China to add to a series of agreements reached during his ongoing visit to Asia, as he arrived in Tokyo to a royal welcome.
China on Monday sought to keep ties with Australia on an even keel despite tensions over military encounters in the South China Sea this year and broader rivalry in the Asia-Pacific region.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
A light aircraft carrying foreign tourists from Hungary and Germany crashed in Kenya on Tuesday morning, killing all 11 people on board.
Ukraine is ready for peace talks but will not withdraw its troops from additional territory first as Moscow has demanded, President Volodymyr Zelenskyy said.
U.S. President Donald Trump has extended multiple invitations to meet North Korean leader Kim Jong Un ahead of his visit to South Korea this week, with Seoul officials publicly supporting the idea.
A man accused of fatally shooting former Prime Minister Shinzo Abe admitted to murder on Tuesday in the first hearing of the case, media said, three years after the assassination of Japan's longest-serving premier stunned the nation.
Talks between Afghanistan and Pakistan in Istanbul to broker a long-term truce have ended without a resolution, two sources familiar with the matter said on Tuesday, a blow for peace in the region after deadly clashes this month.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment