China Sanctions 20 US Defense Firms Over Taiwan Arms Sales: "Red Line" Crossed

• China sanctioned 20 US defense firms, including Boeing, Northrop Grumman Systems Corporation, and L3Harris Maritime Services, and 10 individuals.
• The sanctions retaliate against the US's $10 billion arms sale package to Taiwan, which included medium-range missiles and drones.
• Sanctions involve freezing assets in China and banning domestic entities from doing business with the targeted firms and individuals.
• China considers Taiwan its own territory and views US arms sales as crossing a "red line" in China-US relations.
• The US justifies its arms sales to Taiwan as necessary for the island's defense and regional stability, despite China's strong objections.

Why It Matters: China retaliates with sanctions against US defense firms over Taiwan arms sales, escalating tensions.