China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war

China on Saturday announced retaliatory tariffs on Canadian agricultural goods products, hitting back after Ottawa slapped import duties on Chinese-made EVs.

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.

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.

Beijing announced Tuesday additional tariffs as high as 15% on certain U.S. goods and a series of new export restrictions for designated U.S. entities.

BEIJING (AP) — The Chinese government unveiled an annual economic growth target of “around 5%” on Wednesday, despite the possible negative impact of a looming trade war with the United States, and pledged to address what it called “sluggish” consumer spending at home.

Beijing imposed broad tariffs on imports of American food and said 15 U.S. companies could no longer buy from China without special permission.

A Minnesota farmer worries about the price of fertilizer. A San Diego entrepreneur deals with an unexpected increase in the cost of remodeling a restaurant.

China imported $29 billion of US farm produce in 2023, more than any other country, according to the US Department of Agriculture (USDA).

GlobalData’s senior medical analyst says the ban will add to a downward trend for Illumina in the Chinese market.

A sign on Illumina’s campus in San Diego. (Photo by Mike Blake/Reuters) China announced a ban on Tuesday on imports of genetic sequencers from San Diego medical equipment maker Illumina ...