Move will have little impact on Taiwan's defense contractors, which mainly rely on friendly countries for components.

China's commerce ministry on Wednesday said it has added eight Taiwanese firms to an export controls list, citing concerns over shipments of dual-use technologies from the democratically governed island that Beijing views as its own territory.

China has imposed export restrictions on eight Taiwanese companies, a move seen as symbolic with little commercial impact. The bans target dual-use items, affecting industries primarily independent of Chinese supply chains.

Taiwan has added China’s tech titan Huawei and chip giant Semiconductor Manufacturing International Corporation (SMIC) to its export control list, stepping up efforts to align with Washington ...

The U.S. and India are nearing a deal to lower tariffs on American imports to the South Asian country and to help India avoid levies imposed by the Trump administration rising sharply next week, Treasury Secretary Scott Bessent said on Tuesday.