China Counters U.S. Economic Moves | Salt Lake City News

Salt Lake City News Today | 2 Min News | The Daily News Now! · Aug 5, 2026 · 1m

China’s retaliating with new economic moves against the U.S., targeting drone exports and banning trade with six American firms — a direct response to Trump-era restrictions. As President Xi prepares for his U.S. visit, Beijing accuses Washington of undermining bilateral agreements and harming its interests, warning more sanctions may follow. The U.S. has already tightened controls on Chinese drones, humanoid robots, and power inverters under national security grounds, while also blocking goods from 43 Chinese companies linked to forced labor. China says its countermeasures are restrained but…