China halts cooperation with U.S. on several matters and sanctions Pelosi over her Taiwan visit

China says it is canceling or suspending dialogue with the U.S. on issues from climate change to military relations and anti-drug efforts in retaliation for a visit this week to Taiwan by U.S. House Speaker Nancy Pelosi. Beijing also imposed sanctions on her.

The measures announced Friday are the latest in a promised series of steps intended to punish Washington for allowing the visit to the island it claims as its own territory to be annexed by force if necessary. China opposes the self-governing island having its own engagements with foreign governments.

For a second straight day, China dispatched warplanes and naval ships into the Taiwan Strait as part of its biggest live-fire military drills against Taiwan ever, CBS News' Ramy Inocencio reports.