Trump Briefly Adds Baidu to China Military-Linked Firms List, Then Removes It
Baidu was briefly added and then removed from the U.S. 1260H list of businesses seen as connected to China’s military, amid speculation about Washington’s broader Beijing strategy after a trade truce. The reversal contributed to a reported drop in Baidu’s stock of over 2% on Friday morning, alongside a similar fall for Alibaba.