China has barred 46 US entities from its procurement market and imposed export controls on 10 American companies involved in defense and rare-earth industries.

China’s Ministry of Finance announced on Monday that all government agencies have been barred from purchasing products manufactured by 46 United States companies.

Beijing's Ministry of Commerce placed 10 U.S. industrial suppliers on its export control list, blocking them from receiving any dual-use goods of Chinese origin, according to CNBC.