White House trade advisor Peter Navarro today said reports that the U.S. is considering restrictions on Chinese companies are inaccurate. Bloomberg News reported last week that the Trump admin. is considering delisting Chinese companies from U.S. markets.
on Monday characterized recent reports that the U.S. is considering restrictions on Chinese companies as grossly inaccurate.
Bloomberg News first reported last week that President Donald Trump's administration is considering limits to U.S. investors' portfolio flows into China, including delisting Chinese companies from American stock exchanges. A Treasury spokeswoman over the weekend, however, said "the administration is not contemplating blocking Chinese companies from listing shares on U.S. stock exchanges at this time." A spokesperson for Bloomberg did not have comment immediately available on Monday.
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