China Imposes Sanctions on US Defense Firms, Individuals Over Taiwan Arms Sales

• China sanctioned 10 individuals and 20 US defense companies, including Boeing's St. Louis branch, for arms sales to Taiwan.
• Sanctions include freezing assets in China, prohibiting business with Chinese entities, and a travel ban for individuals.
• Individuals like Anduril Industries' founder and senior executives from sanctioned firms are banned from entering China.
• Northrop Grumman Systems Corporation and L3Harris Maritime Services are among the targeted companies.
• The move follows Washington's $11.1 billion arms package to Taiwan, which China views as a violation of its 'core interests'.

Why It Matters: China retaliates with sanctions against US defense firms and individuals over significant arms sales to Taiwan.