US-China Trade War: Biden Makes Pre-Trump Move Against Tencent
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The US-China trade war is intensifying as President Biden takes actions reminiscent of pre-Trump policies against Tencent. Markets are reacting to the uncertainty, especially with Trump's denial of any policy shift amid speculation on sectoral tariff targets.
January 07, 2025 | 5:30 am
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Tencent is directly impacted by President Biden's actions, which resemble pre-Trump policies. This could lead to increased regulatory scrutiny and potential tariffs affecting Tencent's operations.
The article highlights Biden's move against Tencent, suggesting a return to stricter regulatory measures. This could negatively impact Tencent's stock due to potential tariffs and increased scrutiny.
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