China imposes trade curbs on dozens of U.S. firms in retaliation for Pentagon blacklist
CNBC Top News ·

BEIJING, CHINA - NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. …
BEIJING, CHINA - NOVEMBER 11: The national flag of China flies in front of the headquarters of the Ministry of Commerce on November 11, 2025, in Beijing, China. Cheng Xin | Getty Images News | Getty Images China imposed fresh trade restrictions on dozens of U.S. entities on Monday, retaliating against Washington's move to add more Chinese companies to a Pentagon list of businesses it accuses of aiding Beijing's military. On Monday, the Chinese Ministry of Commerce placed 10 American industrial suppliers on its export control list, including rare earth miners MP Materials Corp and USA Rare Earth , and drone makers Teal Drones and Jaia Robotics — barring exports of any dual-use items originating in China to the companies. Other companies included on the list are California-headquartered electronics manufacturer Aveox Inc, Ball Aerospace & Technologies Corp, and military equipment provider Oshkosh Defense. In a separate statement Monday, the Chinese Finance Ministry excluded 46 U.S. companies, mostly defense contractors, from participating in government procurement projects. Any foreign-funded, locally registered entities associated with the excluded firms are exempted. The actions came after the Pentagon earlier this month updated its so-called 1260H list by adding a slew of Chinese technology companies to a list of entities it believes to have aided Beijing's military. Alibaba Group , Baidu and carmaker BYD were among the latest additions. …
Original source: CNBC Top News
Mentioned
California · washington dc · Alibaba · U.S. Department of Defense · Chinese ministry of commerce