Amid rising tensions between the US and China, Treasury Secretary Scott Bessent has suggested that removing Chinese companies from American stock markets is a possibility. While this decision ultimately rests with President Trump, Bessent’s comments come as the global trade war intensifies and the US moves toward more protectionist economic policies. Trump recently increased taxes on goods coming from China, prompting a retaliatory increase in tariffs by the Xi government. 286 Chinese companies currently list on various US exchanges, a figure representing $1.1 trillion in market capitalization, with this number expected to rise based on recent IPOs and new listings. Bessent argues that China should engage more openly with the US and its allies, while simultaneously acknowledging the potential for increased tariffs.