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First sanctioned company to announce mitigation strategy by June 30, 2025?
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Raytheon Canada • 25%
Raytheon Australia • 25%
Insitu Inc. • 25%
Hudson Technologies Co. • 25%
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Story
China Imposes Sanctions on Seven U.S. Military Firms, Including Raytheon Canada, Over Arms Sales to Taiwan
Dec 27, 2024, 07:07 AM
China's Foreign Ministry announced sanctions against U.S. military firms and senior executives in response to recent arms sales to Taiwan. The sanctions target seven companies, including Raytheon Canada, Raytheon Australia, Insitu Inc., Hudson Technologies Co., and Saronic Technologies. This decision comes as a countermeasure to substantial military assistance provided by the U.S. to Taiwan, which China considers a sensitive issue. The sanctions reflect escalating tensions between China and the U.S. over military support for Taiwan.
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