China’s new trade curbs target 56 US companies, from rare-earth miners to drone makers. It is direct retaliation for Washington adding Chinese firms to its military blacklist.
China has answered the Pentagon’s blacklist with one of its own.
On Monday, Beijing aimed trade curbs at 56 American companies. The measures hit drone makers and defence contractors. Most pointedly, they hit the two rare-earth firms Washington is backing to loosen China’s grip on critical minerals.
The move is open retaliation. Earlier this month, the US Defense Department expanded its list of Chinese military companies under Section 1260H. It added a fresh batch of Chinese tech firms. Beijing’s answer landed in two parts.
Two lists, 56 targets
