China imposed an import ban on Illumina’s gene sequencers in response to President Trump’s escalating tariffs and trade war
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.
The data comes as investors continue to look for signs that Beijing’s stimulus measures can help to boost the country’s struggling economic recovery.
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.
China on Saturday announced retaliatory tariffs on Canadian agricultural goods products, hitting back after Ottawa slapped import duties on Chinese-made EVs.
Owner Cindy Woo had planned to rebuild and reopen the restaurant herself but eventually decided to retire, subsequently selling the business to the proprietors of Taste of Hong Kong, another Cantonese spot in the Convoy District which had already hired a few of China Max’s displaced chefs and waitstaff.
GlobalData’s senior medical analyst says the ban will add to a downward trend for Illumina in the Chinese market.
China Max served customers Saturday and with a fresh start comes new management, too. The new managers said they're excited but also, anticipate that they have big shoes to fill.
President Donald Trump’s latest tariffs on Canada, Mexico and China are expected to take effect on Tuesday. A 20% tariff will be placed on imported goods from Mexico and Canada, after a temporary pause was held last month.
China's retaliatory tariffs against US farm produce from corn to chicken are designed to hurt Donald Trump's voter base, but remain restrained enough to allow room for the adversaries to hash out a trade deal,
Five years after a fire broke out at the China Max restaurant in San Diego’s Convoy District, the Cantonese eatery is ready to welcome back customers.
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 ...