Brief by Shorts91NewsDesk / 08:35am on 04 Mar 2025,Tuesday Business
China has banned imports of gene sequencers from U.S. medical equipment maker Illumina, effective March 4, 2025, in retaliation to President Donald Trump's additional 10% tariff on Chinese goods. This move follows Illumina's inclusion on China's "unreliable entity" list in February, citing the company's suspension of transactions and discriminatory measures against Chinese enterprises. Gene sequencers are essential for analyzing DNA or RNA sequences, aiding in the study of genetic variations and diagnosis of rare conditions. China constitutes about 7% of Illumina's sales. Illumina stated it will continue serving its Chinese customers while assessing the impact of the ban.
