Trump Reportedly Mulls Delisting Chinese Stocks

[1srelluc]

MSN

In an interview with Fox News, U.S. Treasury Secretary Scott Bessent said, "Everything is on the table" in response to a question about potential actions against Chinese companies, including delisting from U.S. exchanges.

The HFCAA requires auditors of US-listed foreign companies to comply with the Public Company Accounting Oversight Board’s (PCAOB) audit inspection rules or face delisting after three consecutive years of non-compliance.

The Chi-coms have been out of compliance for years so this is just anther tool in the tool box Trump can use against them.

Wall Street make piles of money off trading the Chi-Com stocks so they lobby for extension after extension.

 

[pknopp]

China embarrassed Trump last time and it ended up costing us billions of dollars so now we have to endure his personal vendetta's.

He is nowhere close to emotionally capable of being president.

 

[1srelluc]

China embarrassed Trump last time and it ended up costing us billions of dollars so now we have to endure his personal vendetta's.

His is nowhere close to emotionally capable of being president.

So why would delisting chi-com stocks be a bad idea?....All I'm hearing from you is more Orange Man Bad BS.

Come on, show us that brain you claim to have.

 

[pknopp]

So why would delisting chi-com stocks be a bad idea?....All I'm hearing from you is more Orange Man Bad BS.

Come on, show us that brain you claim to have.

It's a stupid personal spat. That is not what one should expect from a president. All we are doing is pissing everyone off and despite the beliefs of some, that is not going to work well for us.

 

[1srelluc]

It's a stupid personal spat. That is not what one should expect from a president. All we are doing is pissing everyone off and despite the beliefs of some, that is not going to work well for us.

Answer the question.....Why is delisting out of compliance Chi-Com companies a bad idea?

Their non-compliance is costing Americans billions every year.

Come to that why were they allowed not to comply under Biden knowing full well it cost America billions?

 

[odanny]

This hostility towards China is going to bite us in the ass someday, imagine if China decides to act this way in return? Maybe people should understand that China holds a majority of the worlds rare earths and other valuable and hard to find commodities needed for manufacturing, the kind of manufacturing we do in their country.

Just the supply of magnets that China has can cripple companies like Apple if they choose to.

Praseodymium -
Rare-earth magnets, lasers, core material for carbon arc lighting, colorant in glasses and enamels, additive in didymium glass used in welding goggles, ferrocerium firesteel (flint) products, single-mode fiber optical amplifiers (as a dopant of fluoride glass)

If you want to decouple from China, this aint how ya do it.

 

[pknopp]

Answer the question.....Why is delisting out of compliance Chi-Com companies a bad idea?

Their non-compliance is costing Americans billions every year.

Come to that why were they allowed not to comply under Biden knowing full well it cost America billions?

China doesn't do anything we don't do.

 

[Moonglow]

So why would delisting chi-com stocks be a bad idea?....All I'm hearing from you is more Orange Man Bad BS.

Come on, show us that brain you claim to have.

No you people hate free trade and open markets.

 

[Moonglow]

China doesn't do anything we don't do.

They execute guilty people immediately after conviction with capital punishment.

 

[1srelluc]

China doesn't do anything we don't do.

Prove it.

You still have not answered the question.

Blah, I don't think you have the mental capability to do so.

 

[Moonglow]

This hostility towards China is going to bite us in the ass someday, imagine if China decides to act this way in return? Maybe people should understand that China holds a majority of the worlds rare earths and other valuable and hard to find commodities needed for manufacturing, the kind of manufacturing we do in their country.

Just the supply of magnets that China has can cripple companies like Apple if they choose to.

Praseodymium -
Rare-earth magnets, lasers, core material for carbon arc lighting, colorant in glasses and enamels, additive in didymium glass used in welding goggles, ferrocerium firesteel (flint) products, single-mode fiber optical amplifiers (as a dopant of fluoride glass)

If you want to decouple from China, this aint how ya do it.

The billionaires love China.

 

[1srelluc]

This hostility towards China is going to bite us in the ass someday, imagine if China decides to act this way in return? Maybe people should understand that China holds a majority of the worlds rare earths and other valuable and hard to find commodities needed for manufacturing, the kind of manufacturing we do in their country.

Just the supply of magnets that China has can cripple companies like Apple if they choose to.

Praseodymium -
Rare-earth magnets, lasers, core material for carbon arc lighting, colorant in glasses and enamels, additive in didymium glass used in welding goggles, ferrocerium firesteel (flint) products, single-mode fiber optical amplifiers (as a dopant of fluoride glass)

If you want to decouple from China, this aint how ya do it.

I'd not shed a tear if certain segments of the service economy were crippled.

Our switch to a service economy has made us weak.

 

[pknopp]

Prove it.

You still have not answered the question.

Blah, I don't think you have the mental capability to do so.

I did answer. All we are doing is isolating ourselves economically.

 

[1srelluc]

I did answer. All we are doing is isolating ourselves economically.

Nope, that's no answer.

 

[Dogmaphobe]

Doesn't anybody remember what life was like in the sixties?

We sure didn't need China then.

 

[pknopp]

Doesn't anybody remember what life was like in the sixties?

We sure didn't need China then.

Back when "shareholder value" wasn't everything.

 

[JohnDB]

 

[JohnDB]

BOOM

 

[odanny]

80% of Americans want more manufacturing done here. Roughly 20% of Americans want to work in manufacturing. Therein lies a problem. An iPhone would cost $2300 to make in the U.S. and would sell for close to $3500, based on the actual cost to make it in China versus the U.S..

What Trump thinks does not align with reality, and no one near him dare tell him this. Wouldn't it make more sense to get a manufacturing base established first before breaking off ties with where it is currently being performed? Or is this all performative?

 

[JohnDB]