Tariff war: China adds US companies to export control list

China’s Ministry of Commerce has added 12 US companies to its export control list and another six to its unreliable entities list, effective Thursday.

This was contained in a statement released on Wednesday.

DAILY POST reports that companies added to the export control list include American Photonics and Novotech.

Exports of dual-use items to these companies will be banned.

Those added to the unreliable entities list, including Shield AI and Sierra Nevada Corporation, will be banned from China-related import and export activities and investing in China.

It will be recalled that China said it would take resolute and strong measures in response to the US President Donald Trump’s latest 104% tariffs on imports from China.

This was after US President Donald Trump confirmed that a 104 percent reciprocal tariff on China took effect on Wednesday

Daily Post

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