China Hits Taiwan With Trade Curbs Amid Tensions Over Pelosi

  • Some fish, fruit imports suspended, sand exports banned
  • Bilateral trade between China, Taiwan was $328.3b last year
WATCH: Pelosi pledged that the US wouldn’t abandon Taiwan, reaffirming support for the democratically elected government in Taipei.Source: Bloomberg
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China halted some trade with Taiwan in retaliation to the high-profile visit of US House Speaker Nancy Pelosi to the island, with more disruptions likely as political tensions intensify.

China suspended some fish and fruit imports from Taiwan, citing excessive pesticide residue detected on products since last year and some frozen fish packages that tested positive for coronavirus in June. Exports of natural sand, used in construction, were also banned.