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Trade Tensions Rise: U.S. Considers Delisting Chinese Firms

4/10/2025

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Summary

Story summary

U.S. Treasury Secretary Scott Bessent warned that delisting Chinese companies from American exchanges could be on the table as trade tensions rise. After a staggering 104% tariff on Chinese imports, China struck back with an 84% tariff. Ultimately, Bessent noted, the final call lies with President Trump, who enjoys a strong rapport with Xi Jinping.

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Story summary

U.S. Treasury Secretary Scott Bessent warned that delisting Chinese companies from American exchanges could be on the table as trade tensions rise. After a staggering 104% tariff on Chinese imports, China struck back with an 84% tariff. Ultimately, Bessent noted, the final call lies with President Trump, who enjoys a strong rapport with Xi Jinping.