China on Friday accused the United States of misusing its national power by blacklisting more than 60 Chinese companies, alleging that Washington has โdisregarded 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 โChinese military companies operating in the United Statesโ. Days later, China announced export controls against leading US...
US Senator Steve Daines has urged Washington and Beijing to avoid escalating tensions through tit-for-tat actions, citing Chinaโs recent export controls against American rare earth firms and the Pentagonโs decision to blacklist several Chinese technology companies. โThese 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. โThe escalation on...