China targets dozens of U.S. companies ahead of anticipated Trump tariffs
CBSN
China on Thursday said it was adding dozens of American companies — including General Dynamics — to its export control list to "safeguard national security and interests."
China's Ministry of Commerce said it would impose measures on 28 U.S. entities, and would also prohibit exports of dual-use items to the listed companies starting on Thursday, reported the Global Times, a Chinese daily viewed as aligned with Beijing, and the government-run Xinhua news agency. Dual-use items refers to those that can be used for either civilian or military purposes.
General Dynamics did not immediately respond to a request for comment.
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Supporters of the Foreign Corrupt Practices Act (FCPA) praise it as an important anti-bribery statute that keeps corporations honest when doing business outside the U.S. By contrast, the law's detractors say it unfairly hobbles American companies, giving an advantage to foreign players.
The remains of a man who disappeared more than 20 years ago when he was on his way to his family's cabin have been found inside a submerged car in a Utah reservoir.
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A Russian cybercriminal and crypto fraudster will be sent back to Moscow as part of a prisoner swap that on Tuesday brought American Marc Fogel home after more than three years in Russian custody.
Washington — At least one U.S. citizen who was being detained in Belarus was released Wednesday, the United States' top hostage negotiator said.
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New York — PBS says it is shutting down its office of diversity, equity and inclusion to comply with President Trump's executive order and firing the two executives brought on when the effort was begun in 2021.