China sanctions 10 US firms
China has imposed sanctions on ten American companies operating in the defense and rare metals sectors in response to the U.S. Department of Defense blacklisting Chinese companies accused of collaborating with the Chinese military. The sanctions include a ban on the export of dual-use products and restrictions on purchasing from the targeted companies, including "U.S. Rare Earth," which is involved in rare metals. This comes amid escalating tensions between Beijing and Washington following Trump's visit to China and ongoing efforts to de-escalate the situation between the two countries.
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