TAL Education Group (TAL) saw its stock plummet 8.81% in pre-market trading on Friday, as Chinese companies listed in the U.S. face significant pressure following China's announcement of retaliatory tariffs on American goods.
The Chinese Finance Ministry declared on Friday that it would impose additional tariffs of 34% on all U.S. goods starting April 10. This move comes as a direct countermeasure to the sweeping tariffs implemented by U.S. President Donald Trump on Wednesday. The escalating trade tensions have sparked a broad sell-off in U.S.-listed Chinese stocks across various sectors.
TAL Education Group, along with other Chinese education firms like Gaotu Techedu Inc and New Oriental Education & Technology Group Inc, is caught in the crossfire of this economic dispute. The education sector is not alone in feeling the impact, as e-commerce giants, EV manufacturers, and technology companies are all experiencing substantial pre-market declines. This widespread downturn underscores the far-reaching implications of the ongoing trade conflict between the world's two largest economies.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。