US Hits Sanctioned Firms’ Subsidiaries, Drawing Chinese Rebuke

The US government has expanded its sanctions to include subsidiaries of previously blacklisted companies, a move that has drawn criticism from China. This new approach targets firms that are connected to entities already subject to American trade restrictions, particularly in the technology sector. The Trump administration's decision reflects its ongoing efforts to tighten control over certain Chinese companies, which it sees as a threat to US national security and economic interests. China has condemned the sanctions, accusing the US of overstepping its bounds and undermining international trade rules. The escalating tensions between the two countries over issues like technology and national security continue to shape the global economic landscape.
Source: For the complete article, please visit the original source link below.