WNA Globe

World News by Wild Rose

#export controls ร—

China accuses US of ignoring Trump, Xi rapport and targeting Chinese firms

China on Friday accused the United States of misusing its national power by blacklisting more than 60 Chinese companies, alleging that Washington has โ€œdisregarded the consensusโ€ reached between US President Donald Trump and Chinese leader Xi Jinping in Beijing in May. In early June, the Pentagon blacklisted dozens of Chinese companies โ€“ including Alibaba, Baidu and BYD โ€“ as โ€œChinese military companies operating in the United Statesโ€. Days later, China announced export controls against leading US...

US, China should de-escalate from tit-for-tat actions, US lawmaker says

US Senator Steve Daines has urged Washington and Beijing to avoid escalating tensions through tit-for-tat actions, citing Chinaโ€™s recent export controls against American rare earth firms and the Pentagonโ€™s decision to blacklist several Chinese technology companies. โ€œThese are unfortunate developments,โ€ the Republican Senator from Montana said on Monday. Daines is a member of two of the most powerful committees in the US Senate: the Foreign Relations and Finance Committees. โ€œThe escalation on...