U.S. Treasury Secretary Scott Bessent isn't backing down

U.S. Treasury Secretary Scott Bessent isn't backing down—he says delisting Chinese stocks from American exchanges is firmly “on the table.”

Such a move would trigger a wave of investor sell-offs and cut Chinese firms off from U.S. capital, likely forcing many to flee to markets like Hong Kong.

It comes as the economic war between the U.S. and China intensifies, with Beijing firing back by slapping an 84% tariff on American goods.

China, unfazed, says it’s ready to handle “any and all uncertainties” in the escalating showdown.