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China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2 billion worth of tanks, missiles and related equipment to Taiwan, saying it harmed China's sovereignty and national security.The Pentagon said on Monday the U.S. State Department had approved the sale of the weapons requested by Taiwan, including 108 General Dynamics Corp M1A2T Abrams tanks and 250 Stinger missiles, which are manufactured by Raytheon.Washington said the sales would not alter the basic military balance in the region, but Beijing, a major U.S. security rival with which Washington has been engaged in a year-long trade war, has demanded the deal be revoked.China's latest statement came as Taiwanese President Tsai Ing-wen was in New York en route to visit four Caribbean allies, a trip that has also incensed China.China's Foreign Ministry Spokesperson Geng Shuang said the U.S. arms sale constituted "a serious violation of international law and the basic norms governing international relations."He also called it a serious violation of the "one-China" principle, under which the United States officially recognizes Beijing and not Taipei.https://www.newsmax.com/finance/streettalk/china-arms-taiwan-sanctions/2019/07/12/id/924236/
Since the US is Taiwan's biggest military supplier, this has big ramifications.
