Why US-Listed Chinese Stocks Risk Expulsion in Trump's Trade War
Tariffs aren't the only battleground to keep an eye on in the trade war between the US and China. Access to Wall Street could be used as a lever in the negotiations, leaving almost 300 Chinese companies listed in the US at risk of being removed from American stock exchanges. That includes e-commerce giants Alibaba Group Holding Ltd. and JD.com Inc.
While the two countries reached a temporary tariff truce in May, drastically lowering their taxes on each other's exports for 90 days, a final trade deal that resolves their differences could take longer to hash out. In the meantime, a re-escalation of tensions isn't out of the realm of possibility.
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