China on Tuesday announced a ban on the import of genetic sequencers from U.S. medical equipment maker Illumina, just minutes after President Donald Trump's additional 10% tariff on Chinese goods took effect.
The ban, which will come into force on March 4, is part of a series of retaliatory measures implemented by Beijing in response to the new U.S. tariffs.
According to a statement by China’s commerce ministry, the ban follows the placement of Illumina on the “unreliable entity” list in February. The ministry cited that Illumina had suspended normal transactions with Chinese enterprises and taken discriminatory measures against them. Genetic sequencers are essential for determining DNA or RNA sequences, aiding scientists in studying genetic variations linked to diseases and diagnosing rare conditions. China accounts for about 7% of Illumina’s global sales.
Responding to inquiries, Illumina stated that it would continue to serve its customers in China and remain committed to operating in compliance with the latest guidelines from the Ministry of Commerce. The company is currently assessing the impact of the ban on its operations in the region.
The measure targets Illumina as part of a broader crackdown on U.S. firms, though Beijing has so far refrained from imposing restrictions on major U.S. household names. Analysts note that the move could bolster domestic competition, as shares in local rivals such as BGI Genomics and MGI Tech saw significant gains, with estimates suggesting a potential business opportunity of 750 million yuan ($103 million) for MGI Tech this year.
This development is one of several steps taken by China in its escalating trade dispute with the United States, following previous actions such as tariffs on $21 billion worth of American agricultural and food products and restrictions on other U.S. companies deemed unreliable.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran...
The Kremlin has denied a Wall Street Journal report claiming Moscow is pressuring Belarus to support an expanded Russian military campaign in Ukraine....
China's legal profession is undergoing a significant shift as artificial intelligence increasingly takes over the routine work that has traditionally ...
The Kremlin has said it will pursue all available legal avenues if Britain proceeds with plans to sell Russian crude oil seized from a tanker earlier ...
At least 164 people have been killed and 971 injured after powerful earthquakes struck Venezuela, Acting President Delcy Rodríguez said. The quakes c...
China's legal profession is undergoing a significant shift as artificial intelligence increasingly takes over the routine work that has traditionally launched the careers of junior lawyers.
Villagers took part in Dragon Boat Festival celebrations on 24 June in Foshan, Guangdong province, where traditional racing was held on the narrow, winding Diejiao River.
China’s anti-corruption authorities have launched an investigation into Bian Zhigang, a senior defence and space official, over suspected serious violations of discipline and law, officials said on Wednesday.
Critical minerals are becoming a key battleground in the growing economic rivalry between the G7 and China, as governments seek to secure supplies vital to the energy transition and advanced manufacturing.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
The Kremlin has denied a Wall Street Journal report claiming Moscow is pressuring Belarus to support an expanded Russian military campaign in Ukraine.
China's legal profession is undergoing a significant shift as artificial intelligence increasingly takes over the routine work that has traditionally launched the careers of junior lawyers.
The Kremlin has said it will pursue all available legal avenues if Britain proceeds with plans to sell Russian crude oil seized from a tanker earlier this month.
At least 164 people have been killed and 971 injured after powerful earthquakes struck Venezuela, Acting President Delcy Rodríguez said. The quakes caused widespread destruction around Caracas, collapsing buildings and trapping residents, with fears the toll could rise significantly.
A worsening cholera outbreak and escalating violence are deepening Sudan's humanitarian crisis, with more than 700 suspected cholera cases and 105 deaths reported in West Kordofan since mid-May, according to health authorities.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment