22 Jun 22 Jun

China Imposes Trade Sanctions on US Defense Contractors Following Pentagon Blacklist Designations

China has imposed new trade sanctions against ten American industrial suppliers following the recent expansion of a US Pentagon blacklist.The Chinese Ministry of Commerce banned dual-use exports to these firms, while the Finance Ministry blocked forty-six US companies from government contracts.These measures target aerospace and defense entities including Lockheed Martin and Raytheon after major Chinese companies were designated as military-linked.Authorities in Beijing claimed these actions were necessary to protect national security after diplomatic agreements between Donald Trump and Xi Jinping failed to prevent the escalation.
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