Stock Track | iQiyi Inc. Plunges 5.07% as US-China Trade War Escalates, Sparking Economic Slowdown Fears

Stock Track

02-28

iQiyi Inc. (NASDAQ: IQ), a leading Chinese online entertainment platform, saw its stock price take a substantial hit on Friday, plummeting 5.07% in the aftermath of escalating trade tensions between the United States and China.

The sharp decline in iQiyi's share value was triggered by US President Donald Trump's announcement of plans to double tariffs on Chinese imports. This move further intensified the ongoing trade war between the two economic powerhouses, sparking concerns about potential economic slowdowns in both nations.

The tariff hike announcement sent shockwaves through global financial markets, with Chinese stocks listed on American exchanges bearing the brunt of the selloff. As a prominent Chinese technology firm trading on the NASDAQ, iQiyi was caught in the crossfire, leading to the substantial drop in its share price.

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Plunges 5.07% as US-China Trade War Escalates, Sparking Economic Slowdown Fears\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-02-28 22:44</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>iQiyi Inc. (NASDAQ: IQ), a leading Chinese online entertainment platform, saw its stock price take a substantial hit on Friday, plummeting 5.07% in the aftermath of escalating trade tensions between the United States and China.</p>\n<p>The sharp decline in iQiyi's share value was triggered by US President Donald Trump's announcement of plans to double tariffs on Chinese imports. 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