The Taiwanese government added Chinese firms Huawei and SMIC to its export control entity list, a move likely to provoke a strong reaction from Beijing.

As part of the trade war truce between the U.S. and China, Beijing has announced a temporary suspension of key retaliatory measures targeting American companies.

In the latest round of the trade war, China has retaliated against the U.S. 84% tariff rate with its own 84% tariff, and has made a few new sanctions announcements as well.

With its latest batch of additions to the Entity List, the Department of Commerce’s Bureau of Industry and Security (BIS) has tried to clamp down further on the access of Chinese companies to American semiconductors and other high-tech products.

In a swift and comprehensive retaliation against the 10% additional tariff imposed by the United States today on all Chinese goods, Beijing has unleashed a barrage of countermeasures. These actions span across multiple fronts, including a WTO challenge, retaliatory tariffs, sanitary and phytosanitary (SPS) decisions on U.S. agricultural products,

Yesterday, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) placed additional Chinese entities on the Entity List, through two separate actions, on the basis of "activities contrary to U.S. national security and foreign policy interests."

This week, the U.S. government announced new additions to a list of "Chinese Military Companies" and also added several Chinese companies to a Commerce Department "Entity List."