China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war
In a sign it is willing to go further in responding to President Trump’s tariffs, Beijing blocked more American companies from importing goods into China.
China announced a ban on Tuesday on imports of genetic sequencers from San Diego medical equipment maker Illumina, just minutes after U.S. President Donald Trump's additional 10% tariff on Chinese goods took effect.
GlobalData’s senior medical analyst says the ban will add to a downward trend for Illumina in the Chinese market.
China imported $29 billion of US farm produce in 2023, more than any other country, according to the US Department of Agriculture (USDA).
China Max served customers Saturday and with a fresh start comes new management, too. The new managers said they're excited but also, anticipate that they have big shoes to fill.
Posting on Truth Social on Thursday, Trump said that illicit drugs such as fentanyl are being smuggled into the United States at "unacceptable levels" and that import taxes would force other countries to crack down on the trafficking.