0 months ago

China blacklists six US firms, curbs drone exports after tariffs

China blacklists six US firms, curbs drone exports after tariffs
China Sanctions 6 US Companies, Tightens Drone Export Controls Amid Fresh Trade Tensions · freepressjournal.in

China and the United States are two of the biggest trading partners in the world, but right now they are having a big argument about trade.

The United States said it will charge extra taxes, called tariffs, on things China sells to the US.

The US says it is doing this because it is worried about forced labour and about keeping the country safe.

China says these tariffs hurt China and are not fair.

To show that it is unhappy, China took its own steps.

China told six American companies that they can no longer do business in China.

China also said it will be stricter about selling drones to the United States.

China is now checking American printers and copiers to make sure they are safe.

The two countries' trade officials talked on the phone about the problem.

China's leader, Xi Jinping, plans to visit the United States in September to try to fix things.

Key facts

Announcement date
Wednesday (reported as July 5 in one article; August 5 dateline in another)
US companies blacklisted
Six, including Applied DNA Sciences and Stratum Reservoir
US tariffs applied to
China and 59 other countries (one report: 'more than 50')
Tariff basis
Forced labour and national security concerns
Chinese countermeasures
Drone export controls, sanctions on six US firms, suspended factory inspections, blacklisted US compliance testers, printer and copier probes
Beijing's stated reason
Firms 'assisted and supported illegal US sanctions related to Xinjiang'
Xi Jinping's US visit
Scheduled for September 24
Prior US tariff action
Supreme Court struck down reciprocal tariffs; temporary 10% tariffs expired last month

Quotes

A Chinese Commerce Ministry spokesperson

Official from China’s Commerce Ministry

“"China can only take necessary countermeasures in response, including strengthening export controls on drones, and their key components and technology to the US."”
freepressjournal.in wionews.com
“"The US actions seriously harm China’s legitimate rights and interests."”
freepressjournal.in wionews.com

Sources

Related news