The White House shot with both barrels at Sino-U.S. financial links Thursday, firing off a plan that could force Chinese companies to give up U.S. listings and executive orders restricting transactions related to ByteDance and Tencent Holdings, two major Chinese tech companies.
One major winner could be Microsoft, which is negotiating to buy the popular short-video app TikTok from ByteDance. Another could be the Hong Kong stock exchange, the likely default option for the delisted Chinese companies.
See:American farmers, broke, bankrupt and higher suicide rate. Argentine and Brazilian farmers thank Trump for handing them $billions he stole ftom American farmers.
If I understand correctly, China based companies that trade publicly in the USA are not required (forced) to adhere to the same accounting, controls and overall transparency as non-China companies.
Screw Red China. They intentionally poisoned the globe with no fear or remorse
Go realDonaldTrump drain the swamp!
Clever guy, stupid moves.
For all the China stooge fake outrage, where is the outrage that China blocked Facebook, Twitter, Messenger, Google, Amazon and etc.? Crickets on this from the sellouts!
Trump runs his country like mafia. He charges every country more money, allies or not, otherwise he will beat them up politically and economically. In the name of freedom, security or values, his administration is showcasing how low they can go by.
He's totally doing more harm than good😪
Remember when Trump said he will run the economy like his businesses? bankruptcy
WSJ will definitely be one of the losers, no more ad income from CCP state media.
real trade talks wont start until 2021 better have someone good at that orange seat.