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.
Iran informed China on Wednesday about ongoing nuclear negotiations with the US, expressing a commitment to diplomacy despite past setbacks and urging stronger bilateral cooperation under their 25-year strategic agreement.
President of the Republic of Azerbaijan Ilham Aliyev visited the Monument to the People's Heroes in Beijing on April 23.
President Ilham Aliyev of Azerbaijan held talks with Li Qiang, Premier of the State Council of the People's Republic of China, in Beijing on Tuesday, furthering the countries' comprehensive strategic partnership.
Three astronauts will head to China’s space station on Thursday as part of the Shenzhou-20 mission, replacing a crew that spent six months conducting research in orbit.
The chief architect of China's lunar exploration programme has accused Washington of interfering in Beijing's space diplomacy efforts with international partners.
UN Secretary-General Antonio Guterres called on world leaders to urgently step up climate efforts ahead of COP30, stressing that the planet faces deepening threats from worsening environmental disasters.
Brussels has fined Apple and Meta over €700 million combined, launching its first crackdown under the Digital Markets Act aimed at curbing big tech’s power and boosting competition in the digital economy.
The Trump administration is considering reducing tariffs on Chinese imports, aiming to ease tensions with Beijing as trade negotiations continue, a source familiar with the matter said on Wednesday.
Efforts to revive Ukraine peace negotiations in London encountered challenges after a high-level U.S. official cancelled his visit, highlighting differences between the United States, Ukraine, and Europe.
Harvey Weinstein faces a new rape and sexual assault trial in New York, nearly a year after his 2020 conviction was overturned, marking a key test of progress in the post-#MeToo era.
China has rolled out the world’s first 10-gigabit (10G) fixed broadband network in Xiong'an New Area, promising ultra-fast speeds and low latency through cutting-edge optical infrastructure.
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Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Pope Francis, the first Latin American pope and a transformative figure in the Roman Catholic Church, has passed away at the age of 88, the Vatican confirmed in a video statement on Monday.
Efforts to revive Ukraine peace negotiations in London encountered challenges after a high-level U.S. official cancelled his visit, highlighting differences between the United States, Ukraine, and Europe.
The city of Irpin in Ukraine has seen the successful reconstruction of its local clinic, thanks to the generous financial support of Azerbaijan. This marks a significant step in the ongoing recovery efforts in the region.
President of the Republic of Azerbaijan Ilham Aliyev visited the Monument to the People's Heroes in Beijing on April 23.
U.S. Vice President JD Vance has delivered a stark ultimatum to Moscow and Kyiv, urging them to accept a proposed ceasefire deal or face a withdrawal of American diplomatic efforts.
President Ilham Aliyev of Azerbaijan held talks with Li Qiang, Premier of the State Council of the People's Republic of China, in Beijing on Tuesday, furthering the countries' comprehensive strategic partnership.
UN Secretary-General Antonio Guterres called on world leaders to urgently step up climate efforts ahead of COP30, stressing that the planet faces deepening threats from worsening environmental disasters.
Brussels has fined Apple and Meta over €700 million combined, launching its first crackdown under the Digital Markets Act aimed at curbing big tech’s power and boosting competition in the digital economy.
The Trump administration is considering reducing tariffs on Chinese imports, aiming to ease tensions with Beijing as trade negotiations continue, a source familiar with the matter said on Wednesday.
Efforts to revive Ukraine peace negotiations in London encountered challenges after a high-level U.S. official cancelled his visit, highlighting differences between the United States, Ukraine, and Europe.
Harvey Weinstein faces a new rape and sexual assault trial in New York, nearly a year after his 2020 conviction was overturned, marking a key test of progress in the post-#MeToo era.
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