US bill can kick Chinese companies off stock exchanges

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US President Trump signed legislation that would kick Chinese companies off US stock exchanges unless they adhere to American auditing standards, giving the Republican one more tool to threaten Beijing with before leaving office next month.

US President Donald Trump signed legislation that would kick Chinese companies off US stock exchanges unless they adhere to American auditing standards, the White House said, giving the Republican one more tool to threaten Beijing with before leaving office next month.

Lawmakers - both Democrats and Trump's fellow Republicans - echo the president's hard line against Beijing, which became fiercer this year as Trump blamed China for the coronavirus ravaging the United States. Taking aim at the hawkish approach of President Trump, Foreign Minister Wang Yi voiced hope for a return of talks and "mutual trust" between the world's two largest economic powers after Biden takes over on 20 January.

In recent months, Secretary of State Mike Pompeo has terminated Chinese-funded exchange programs for Americans and tightened visa rules for Chinese students as well as members of the Communist Party and their families, likely affecting hundreds of millions of people. The Commerce Department said it was imposing restrictions on 77 entities that will need special clearance to receive advanced US technology.

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Can we please kick realDonaldTrump off 🙄

Ooo no is the orange man being mean to the communists. 😂😂

Actually, not worth the paper it’s written on

still hasn’t disclosed his tax returns, as required of every POTUS, but now suddenly gives a shit about American auditing standards?

All the Russian collusion nonsense peddled by liberal media for 4 years hoping to find something on Trump but nothing showed up because there was nothing. Biden family is corrupted enormously by China with evidence everywhere and media silence. Then you wonder why people hate MSM

Trump is looking to gain money from the affected stocks and has been shorting for months.

What about his own tax records?

Executive orders signed in this period song go into effect until the next term begins. And can be overturned on day one by Biden. This is grandstanding at best.

Donnie 2024

Good. Biden hasn't spoken out against the Chinese. shameful.

hes not leaving biden is though 2018 leg will come in to play soon and those who printed lies will have their assests seized as the pentagon will not hand over anything to biden

China lied and people died. Donald needs to punish them for the next 4 years

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