China expands economic pressure tools against U.S. ahead of planned summit.

Despite a trade truce, China has expanded its economic pressure tools against the U.S. ahead of a planned May summit. Beijing enacted new laws targeting foreign firms shifting supply chains away from China, tightened rare earth licensing, banned foreign AI chips in state-funded data centers, and restricted U.S. and Israeli cybersecurity software. These measures reflect a broader strategy to counter U.S. economic leverage.