Credited from: LATIMES
Beijing has imposed sanctions against 20 US defense firms and 10 individual executives in response to the United States' recently announced $11.1 billion arms sales package for Taiwan, the largest such package to the island to date. The sanctions will freeze the companies' assets in China and prohibit domestic entities from engaging in business with the listed companies, which include major firms like Boeing's St. Louis branch, Northrop Grumman, and L3Harris Maritime Services. Among the sanctioned individuals is Palmer Luckey, founder of Anduril Industries, who will also face a ban on entering China, according to SCMP and Reuters.
The Chinese foreign ministry stated that "the Taiwan issue is at the very core of China's core interests" and emphasized that the repercussions for US arms sales could escalate tensions between the two nations. The statement condemned what it termed "dangerous" efforts by the US to arm Taiwan, urging the US to cease its provocations, as China views the self-governed island as part of its territory, according to Channel News Asia and Los Angeles Times.
This set of sanctions follows a pattern of increasing tensions, as the US is bound by law to supply Taiwan with defensive arms, a situation that has fed into broader disputes with China over trade and human rights issues. Observers worry that this situation could escalate into military conflict, particularly given the frequency of Chinese military drills near Taiwan in recent years, as noted by Al Jazeera and Reuters.