Trump is Allegedly Considering Delisting Chinese Stocks From US Exchanges, According to Rumours
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Stock Market A recent unconfirmed report from The Kobeissi Letter suggest that the Trump administration is contemplating the delisting of Chinese public companies from U.S. stock exchanges. Treasury Secretary Scott Bessent, when questioned about this possibility, stated that “everything’s on the table,” indicating that such measures are under consideration but not yet decided upon. This rumour follows the White House’s recent clarification that cumulative tariffs on Chinese imports have reached 145%. The breakdown includes a 125% duty, with an additional 20% tariff related to concerns over fentanyl trafficking. The stock market has reacted to these escalating trade measures. Following the tariff announcements, U.S. stocks experienced significant volatility, with the Dow Jones Industrial Average dropping over 2,180 points intraday before partially recovering. The S&P 500 and Nasdaq-100 also posted sharp losses of up to 6% and 7%, respectively. In retaliation, China has imposed an 84% tariff on U.S. goods and is actively seeking alliances with other nations to counter U.S. economic pressures. However, many countries are hesitant to align with China due to past disputes or differing interests. While the notion of delisting Chinese firms remains speculative, analysts caution that such a move could lead to increased market volatility and further deterioration of U.S.-China relations. Immediate action appears unlikely, but the situation underscores the administration’s commitment to addressing trade imbalances and national security concerns. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex…
Filed under: News - @ April 10, 2025 8:27 pm