On Monday, October 26th, the spokesperson of the Chinese Ministry of Foreign Affairs announced the sanctions in order to restrict the association of the United States of America with the Taipei government.
This comes after the American companies Raytheon (RTN), Boeing (BA), and Lockheed Martin (LMT) have been discovered in selling weapons to the island of Taiwan.
Despite China having no ruling power over Taiwan, it was highlighted how China would be willing to resort to force to sustain control should the USA not end ties they have with the Taiwanese military.
In the press conference, Zhao Lijian had stated that “We will continue to take necessary measures to safeguard national sovereignty and security interests,” and that “relevant US individuals and entities who tricked in the arms sales.”
Though the specifications of the sanctioning have yet to be established publicly, Zhao has declared that they will be majorly impacting Raytheon, Boeing, and Lockheed Martin.
Whilst Raytheon had not responded when asked to comment on the topic, Boeing had said that the issue at hand was one for the US and Chinese governments to settle between themselves. Lockheed Martin also said that this situation was close to the US leadership, and should thus be handled by both government parties.
Morgan Ortagus, who is the spokesperson of the US State Department, said that “We deplore Beijing’s efforts to retaliate against the US and foreign companies for their sales that support Taiwan’s defense.”
In the hours before the threat of being sanctioned had been issued from China, the US Congress had been informed by the administration of US President, Donald Trump, that a sale worth $2.37 billion of armed weapons had been made to Taiwan.
Even before that, in the past year, Trump’s administration has been moving to better their relationship with Taiwan. This has come as Taiwanese and US officials holding high-level meetings, as well as the sales of arms.