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China puts PVH Corp, Illumina
San Diego’s Illumina placed on China’s ‘unreliable entity list’ following Trump tariffs
San Diego-based gene-sequencing giant Illumina got tangled in the United States’ trade tensions Tuesday as China placed the company on its “unreliable entity list.” China also placed PVH, an American clothing company that owns brands such as Tommy Hilfiger and Calvin Klein,
Illumina placed on China’s unreliable entity list
Analysts said the move comes amid rising trade tensions with the U.S. and as Illumina faces stiff competition in China’s genome sequencing market.
China puts PVH Corp, Illumina on its unreliable entity list
China's Commerce Ministry said on Tuesday that it had put PVH Corp and Illumina on its unreliable entity list after the two companies took what it called "discriminatory measures against Chinese enterprises" and "damaged" legitimate rights and interests of Chinese companies.
52m
Why Illumina (ILMN) Stock Is Falling Today
Shares of genomics company Illumina (NASDAQ:ILMN) fell 8.6% in the morning session after the company reported fourth-quarter ...
46m
on MSN
Why Illumina Stock Is Sinking Today
Illumina's revenue has stagnated or declined for several years now, and its total sales for 2024 were $4.3 billion, down from ...
FierceBiotech
3d
Illumina caught in tariff crossfire as China retaliates
The U.S. tariffs on China include a broad 10% levy on imported goods. China’s response was more targeted, with 15% tariffs on ...
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