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<h1>Trade sanctions target foreign shipbuilder subsidiaries after a probe, banning Chinese dealings and threatening further retaliatory measures.</h1> China banned dealings by Chinese companies with five subsidiaries of a South Korean shipbuilder as a trade sanctions response to a US trade investigation deemed to threaten China's national security and shipping industry; Beijing also opened an investigation into the US probe, warned of further retaliatory measures, and imposed new port fees targeting vessels with significant US ownership, operation, flags, or US construction.