The war of words between the US and China is heating up. Shortly after signing executive orders to ban TikTok and WeChat which could take effect in September 2020, Trump says that he is now considering a ban on other Chinese-owned companies including Alibaba.
If this war of words escalates into concrete actions being taken, we could see widespread repercussions for many US companies. In this article, we explore the 17 US companies most at risk, based on their revenue exposure to China.
DE-LISTING RISK STILL ON THE TABLE
The escalating US-China trade row could affect several companies listed in the US. The obvious negative blowback on Chinese companies listed in the US is the delisting risk. Amid a tide of anti-China sentiment stateside, the US Senate passed a bill in May that could essentially ban many Chinese companies from listing their shares on US exchanges....