Drooid Logo
Back to story perspectives

Full Breakdown

China Accuses U.S. of Blacklisting Over 60 Firms, Citing Broken Trump-Xi Consensus

7/11/2026, 5:37:25 AM

Core Accusation

On Friday, the Chinese embassy in Washington charged the United States with “misusing its national power” by adding more than 60 Chinese companies to a blacklist. The embassy said the move undermines the “legitimate rights and interests” of the firms and represents an unjustified expansion of U.S. national-security concerns.

Background: Trump-Xi May Meeting

The embassy’s complaint references a “consensus” reached during the May meeting in Beijing between former U.S. President Donald Trump and Chinese President Xi Jinping. According to the Chinese statement, that agreement set expectations for how the two sides would handle economic and security issues, a framework the United States is now alleged to have ignored.

Official Chinese Statement

“The US has disregarded the consensus reached by the leaders of China and the US during their meeting in Beijing,” the embassy said. It added that Washington has “excessively expanded the concept of national security, misused state power and unjustifiably suppressed Chinese enterprises, seriously undermining their legitimate rights and interests.”

Legal Pushback by Affected Firms

In response to the Pentagon’s designations, several Chinese technology firms have initiated legal actions to contest the blacklist. The firms argue that the U.S. measures lack a clear legal basis and seek judicial review to protect their operations and market access.

Implications for Xi’s Planned September Visit

Sources familiar with the matter told the *South China Morning Post* that, while the tit-for-tat measures are “unhelpful,” they are unlikely to jeopardize President Xi’s anticipated visit to the United States in September. The assessment suggests that diplomatic channels remain open despite the heightened commercial tensions.