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.
Ukraine’s domestic security service, the SBU, says it struck a Russian Kilo‑class submarine in the Black Sea port of Novorossiysk, causing critica...
Washington’s seizure of a tanker carrying Venezuelan oil shows a shift from financial sanctions to direct maritime action, further straining relatio...
Anewz brings you the best videos of the day from around the world covering everything from uplifting events to updates in conflict zones....
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities ...
The European Union’s interest in investing in regional connectivity projects in the South Caucasus, such as the Trump Route for International Peace ...
China has announced plans to fully cover childbirth-related costs for families as authorities move to incentivise young couples to have more children.
China expressed strong dissatisfaction and firm opposition to what it described as smears and slanders targeting Hong Kong’s judicial system, following international criticism of the guilty verdict handed down to media tycoon and pro-democracy campaigner Jimmy Lai on Monday (15 December).
China’s core artificial intelligence (AI) industry is projected to surpass 1.2 trillion yuan in 2025 (about $170 billion), up from more than 900 billion yuan in 2024, according to a new industry assessment.
China’s Ministry of Commerce announced on Friday that it will introduce a licensing system for steel exports starting in 2026, covering around 300 steel products.
Russia’s human rights commissioner, Tatyana Moskalkova, has said that Ukraine has not provided Moscow with a list of thousands of children it alleges were taken illegally to Russia, despite the issue being discussed during talks in Istanbul.
Iranian authorities have seized a foreign tanker carrying more than 6 million litres of smuggled fuel in the Sea of Oman, detaining all 18 crew members on board.
An explosive device found in a vehicle linked to one of the alleged attackers in Bondi shooting has been secured and removed according to Police. The incident left 12 people dead.
The latest round of clashes between Thailand and Cambodia has left 15 Thai soldiers dead and 270 others injured, Thailand’s Ministry of Defence spokesman Surasant Kongsiri said at a press conference on Saturday.
Syrian President Ahmad al-Sharaa has offered condolences to President Donald Trump following an ISIS attack near the ancient city of Palmyra that killed two U.S. soldiers and a civilian interpreter, Syrian and U.S. officials said Sunday.
Ukraine’s domestic security service, the SBU, says it struck a Russian Kilo‑class submarine in the Black Sea port of Novorossiysk, causing critical damage.
Washington’s seizure of a tanker carrying Venezuelan oil shows a shift from financial sanctions to direct maritime action, further straining relations with Caracas and increasing risks for global shipping.
Anewz brings you the best videos of the day from around the world covering everything from uplifting events to updates in conflict zones.
French senators on Monday approved a revised 2026 budget bill that the government warned could worsen the country’s fiscal deficit, setting the stage for tense negotiations between parliament’s two chambers later this week.
Flooding in Bolivia’s eastern Santa Cruz region has killed at least 20 people after an overflowing river swept through multiple communities, authorities said on Monday, with the toll expected to increase as rescue teams reach areas that were previously inaccessible.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment