CNBC
Beijing flips the script on the U.S. tech war — and tests the truce weeks before Xi's visit
Thursday, August 6, 2026
China announced trade countermeasures against recent U.S. restrictions on Chinese technology exports and imports. The announcement came weeks before a scheduled visit by Chinese President Xi Jinping. Beijing's actions represented the largest trade response since an October truce between the two countries. The specific countermeasures and their targeted sectors were detailed in China's official statement.
