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.
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
Denmark’s Arctic chief has dismissed concerns over a U.S. takeover of Greenland but says more must be done to deter any Russian attack on the strategically vital Arctic island.
Nike plans to reduce its reliance on China for U.S.-bound products to offset the financial blow from President Donald Trump’s new tariffs, as the sportswear giant posted better-than-expected fourth-quarter results and a milder revenue forecast.
Azerbaijan and China have deepened energy cooperation, with new agreements signed to advance green energy initiatives and improve Azerbaijan’s electricity transmission system in line with its renewable energy targets.
India and Russia have discussed the timely delivery of the remaining S-400 air defence systems and upgrades to Su-30 fighter jets, alongside broader defence cooperation, during a key meeting at the SCO summit in China.
Five senior Greek government officials, including a cabinet minister, have resigned amid an EU fraud investigation over the mismanagement of farming subsidies.
U.S. President Donald Trump has abruptly ended trade negotiations with Canada, citing Ottawa’s plan to implement a digital tax targeting major tech firms.
Rwanda and the Democratic Republic of Congo have signed a U.S.-brokered peace agreement, raising hopes of ending fighting that has killed thousands and displaced hundreds of thousands this year.
U.S. President Donald Trump has said he would consider further bombing of Iranian nuclear sites if Tehran’s uranium enrichment reaches levels that raise concerns in Washington.
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
In a televised address on Saturday night, U.S. President Donald J. Trump announced that American forces, in coordination with Israel, had conducted precision strikes on Iran’s Fordow, Natanz, and Isfahan nuclear sites, aiming to dismantle Tehran’s enrichment capabilities.
Five senior Greek government officials, including a cabinet minister, have resigned amid an EU fraud investigation over the mismanagement of farming subsidies.
U.S. President Donald Trump has abruptly ended trade negotiations with Canada, citing Ottawa’s plan to implement a digital tax targeting major tech firms.
Rwanda and the Democratic Republic of Congo have signed a U.S.-brokered peace agreement, raising hopes of ending fighting that has killed thousands and displaced hundreds of thousands this year.
U.S. President Donald Trump has said he would consider further bombing of Iranian nuclear sites if Tehran’s uranium enrichment reaches levels that raise concerns in Washington.
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
Five senior Greek government officials, including a cabinet minister, have resigned amid an EU fraud investigation over the mismanagement of farming subsidies.
U.S. President Donald Trump has abruptly ended trade negotiations with Canada, citing Ottawa’s plan to implement a digital tax targeting major tech firms.
Rwanda and the Democratic Republic of Congo have signed a U.S.-brokered peace agreement, raising hopes of ending fighting that has killed thousands and displaced hundreds of thousands this year.
U.S. President Donald Trump has said he would consider further bombing of Iranian nuclear sites if Tehran’s uranium enrichment reaches levels that raise concerns in Washington.
The United States and China have resolved disputes over rare earth mineral and magnet shipments, overcoming a key hurdle that had delayed a trade agreement reached in May.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment