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U.S. Reportedly Halts Plan to Sanction China’s State Security to Protect Trade Truce

Financial Times reports the administration is also shelving major new export controls to keep the October framework with Beijing on track.

Overview

  • Plans to sanction China’s Ministry of State Security and alleged contractors over the Salt Typhoon cyber campaign were put on hold, according to FT reporting cited by Benzinga.
  • The report says the administration will not move forward with major new export controls targeting China.
  • Salt Typhoon is described as a years-long espionage effort that infiltrated global telecom operators and a U.S. state’s Army National Guard network.
  • The pause is tied to an October 30 framework in which Washington held off 100% tariffs as Beijing delayed an export licensing regime for rare earths and magnets.
  • The account relies on unnamed U.S. officials, the White House did not immediately comment, and Reuters said it could not independently verify the report.