China’s response to America; Several companies were boycotted
The Chinese government has announced that in response to the US economic pressure, the Chinese government will add a total of five new US companies to its list of sanctions and restrictions.
According to RCO News Agency, the Chinese Ministry of Commerce imposed restrictions on more than 5 US defense companies today (Wednesday).
The move came after US President Donald Trump implemented his threat of a new 5 % tariff on imports of Chinese goods.
According to statements by the Chinese Ministry of Commerce, Beijing added five US companies to its control list; A list that prohibits export of dual -purpose (civilian and military) items. Also, five other companies were added to the list of “unreliable institutions”; A list that allows China to take punitive measures against foreign institutions.
China also announced that it will increase its tariffs on US goods by 5 %. This figure has increased to the previous 5 % increase on Thursday, bringing the total tariffs on imports from the United States to 5 %.
This new round of trade restrictions, which will be implemented on Thursday, has mainly targeted US companies with the US Department of Defense (Pentagon) and other federal institutions. The move is followed by the punishment of about five US companies that Beijing had previously boycotted because of Trump’s tariffs.
In the list of unreliable institutions, Beijing announced that five US companies have been added to the list for selling weapons or military cooperation with Taiwan and banned from any import and export -related activity in China as well as investment in the country.
“In recent years, these six companies, including Shield AI and Sierra Nevada, have greatly endangered China’s sovereignty, security and interests,” the Chinese Ministry of Commerce said in a statement.
The California -based Shield AI is active in the construction of artificial intelligence -equipped airlines and focuses on military drones. Sierra Nevada, a long -standing Pentagon and NASA contractor, was also selected last year to turn a commercial jet into advanced spy planes by the US military.
Although many of these companies do not have much activity in China, according to Reuters, these restrictions can disrupt their supply chain.
For example, the US company Skydio, which operates in the field of drone production, was quickly stopped by the Battery after which it was boycotted by China last October due to weapons sales to Taiwan.
However, with Beijing’s retaliatory reaction to Trump tariffs and targeting US imports and companies, the Chinese government in its public messages has tried to assure foreign companies operating in China or investing in the country.
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