Beijing has imposed sanctions on 20 U.S. defense-related companies and 10 executives. This move comes a week after Washington announced large-scale arms sales to Taiwan.
Since the de minimis exemption was abolished four months ago, the number of parcels coming to the U.S. worth less than $800 has fallen by 54%.
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Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Olivia Rinaldi is a White House ...
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America’s ability to make precision-guided missiles was threatened during Trump’s tariff war. But experienced players have ...
China announced largely symbolic sanctions against 20 US defense companies and 10 executives, signaling its anger over ...