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China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests." China hits dozens of U.S. companies before expected Trump tariffs Skip to ...
The Department of Homeland Security announced Wednesday it will no longer import steel or artificial sweeteners from two companies based in China due to their alleged use of forced labor. The ...
The move is one element of the latest round of sanctions and export controls by the United States, partners and allies in response to Russia's ongoing war in Ukraine, which began on Feb. 24, 2022.
Specifically, the United States claims China's access to advanced semiconductors enables their military to produce advanced military systems including weapons of mass destruction, improve the speed and accuracy of military decision-making, planning, and logistics, autonomous systems, and finally to commit human rights abuses. [1]
[112] [113] [114] China's Commerce Ministry accused the United States of launching a trade war and said China would respond in kind with similar tariffs for US imports, starting on July 6. [115] Three days later, the White House declared that the United States would impose additional 10% tariffs on another $200 billion worth of Chinese imports ...
WASHINGTON (Reuters) -The U.S. Congress is set to vote in the coming days on legislation restricting U.S. investments in China as part of a bill to fund government operations through mid-March ...
The United States imposes tariffs (customs duties) on imports of goods. The duty is levied at the time of import and is paid by the importer of record. Customs duties vary by country of origin and product. Goods from many countries are exempt from duty under various trade agreements. Certain types of goods are exempt from duty regardless of source.
The U.S. is a relatively small source of crude oil for China, accounting for 1.7% of its imports last year, worth about $6 billion. Just over 5% of China's LNG imports come from the U.S.