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.
China on Tuesday suspended soybean import qualifications from three U.S. exporters and halted imports of U.S. lumber, intensifying its retaliatory measures amid escalating trade tensions.
In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
Chinese authorities are preparing to release policy guidance aimed at boosting the use of open-source RISC-V chips nationwide, sources familiar with the matter said.
China has added 15 U.S. companies to its export control list, citing national security concerns, amid ongoing trade tensions between the two nations.
China on Tuesday suspended soybean import qualifications from three U.S. exporters and halted imports of U.S. lumber, intensifying its retaliatory measures amid escalating trade tensions.
Rwanda is reportedly seeking a £50 million payment—approximately $63.6 million—from Britain over a cancelled asylum deal, according to a source close to the Rwandan government.
In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
In response to the 25% tariffs recently imposed by the United States, President Claudia Sheinbaum announced Tuesday that Mexico will implement its own retaliatory tariffs on U.S. goods.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday after the U.S. implemented a 25% tariff on imports from Mexico, a key production hub for the automotive sector supplying the American market.
A centuries old tradition of cheese-throwing has brought excitement to the town of Novara di Sicilia as its residents both young and old trooped out en masse to participate in the game.
Norway’s government has affirmed that it will continue to supply fuel for U.S. Navy vessels, dismissing recent calls from a private marine fuel supplier to halt deliveries amid tensions linked to U.S.-Ukrainian relations.
Watch AnewZ Live Coverage of the Trump-Zelenskyy meeting at the Oval Office at https://anewz.tv/tv-live
Ukrainian President Volodymyr Zelenskyy reaffirmed his respect for the United States and its people in an interview with Fox News, following a tense meeting with U.S. President Donald Trump at the White House.
EU High Representative for Foreign Affairs and Security Policy/Vice-President of the European Commission, Kaja Kallas, will chair the 20th EU-Central Asia Ministerial meeting hosted this year by Turkmenistan, in Ashgabat, on 4 March.
Gum arabic, a natural substance used to mix, stabilize, and thicken ingredients in products from coca-cola to m&m's, is increasingly being trafficked out of rebel-held regions in sudan, according to traders and industry sources.
Pope Francis is reported to have rested well overnight at Rome’s Gemelli Hospital after suffering a setback in his battle with double pneumonia.
Finland’s security and intelligence service, Supo, has described the number of cable incidents in the Baltic Sea as "exceptional" in recent years, even though state actors possess far more effective means of conducting underwater sabotage than simply dragging anchors.
Overnight clashes between Pakistani and Afghan security forces at the main border crossing led to widespread panic and forced around 15,000 local residents to flee their homes.
Torrential rain that began on Monday has led to widespread flooding in and around Indonesia's capital, forcing thousands of residents to evacuate their homes.
China on Tuesday suspended soybean import qualifications from three U.S. exporters and halted imports of U.S. lumber, intensifying its retaliatory measures amid escalating trade tensions.
Rwanda is reportedly seeking a £50 million payment—approximately $63.6 million—from Britain over a cancelled asylum deal, according to a source close to the Rwandan government.
In a retaliatory move against new U.S. tariffs, China’s Commerce Ministry announced Tuesday that it will impose additional tariffs of up to 15% on key U.S. agricultural products, while also expanding controls on business activities with major U.S. companies.
In response to the 25% tariffs recently imposed by the United States, President Claudia Sheinbaum announced Tuesday that Mexico will implement its own retaliatory tariffs on U.S. goods.
Shares in European carmakers and automotive suppliers fell sharply on Tuesday after the U.S. implemented a 25% tariff on imports from Mexico, a key production hub for the automotive sector supplying the American market.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment