The Trumpster has tools in his tool-kit that could force China to reconsider it’s hard-nosed stance on trade. Several news agencies ( Bloomberg, Reuters, and CNBC) are reporting that he’s considering de-listing Chinese companies from American stock exchanges. Shares of many Chinese companies trading on U.S. exchanges fell sharply on Friday. Alibaba fell by 5.3 percent. Baidu shares fell 3.8 percent
Bloomberg reported that the administration is also considering a ban on U.S. pensions from investing in Chinese stocks.
Unnamed sources told CNBC’s Eamon Javers that the White House could go as far as banning all U.S. financial investments in China.
Mess with the bull and you get the horns