US EditionChina sanctions 6 U.S. companies as trade frictions continue
China blacklisted six U.S. firms for military-technical ties with Taiwan, banning trade and exports to protect national security, amid ongoing trade tensions.
- On Thursday, China blacklisted six U.S. companies, escalating trade tensions despite recent high-level talks to cool disputes over technology and security.
- Beijing framed the blacklist as a response to military-technical cooperation with Taiwan, with China’s Ministry of Commerce saying the firms undermined China’s sovereignty, security and development interests.
- Three U.S. firms—Saronic Technologies, Aerkomm and Oceaneering International—were added to the unreliable entity list, while Huntington Ingalls Industries, Inc., Planate Management Group and Global Dimensions were placed on the export-control list, the Commerce Ministry said.
- Under the sanctions, the firms are prohibited from trade and new investments in China, and China’s Commerce Ministry spokesperson He Yadong said US unilateral restrictions remain the biggest obstacle to cooperation.
- Chinese and U.S. delegations met in Madrid on Sept. 14–15 to discuss trade, and after productive calls last week and Friday, Trump said he and Xi Jinping will meet at a regional summit at the end of October.
26 Articles
26 Articles
Beijing Puts Trade Restrictions on US Companies as Friction Persists
The Chinese regime said on Sept. 25 that it has imposed trade restrictions on six U.S. defense companies, adding to signs that trade tensions between Beijing and Washington remain. Three companies were added to the export control list, China’s commerce ministry said in a statement. Inclusion on the list would bar Chinese businesses from exporting dual-use items, which cover technology, goods, and services that have both civilian and military pur…
China sanctions six U.S. companies over Taiwan
KEY TAKEAWAYS: China sanctions six U.S. companies over Taiwan-related activities Three firms added to “unreliable entity list,” banning trade Three other companies restricted under export control for dual-use items Tensions persist despite planned Trump-Xi meeting in South Korea China announced sanctions on six U.S. companies on Thursday as frictions continue to escalate in the countries’ trade relations despite a highly anticipated meetin…
China sanctions six US firms over Taiwan ties ahead of anticipated Trump-Xi meeting
China announced sanctions on six US companies on Thursday as frictions continue to escalate in the countries’ trade relations despite a highly anticipated meeting between U.S. President Donald Trump and Chinese leader Xi Jinping.
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