Stock Track | iQiyi Inc. Plunges 5.07% Amid Escalating US-China Trade War

Stock Track

Feb 28, 2025

iQiyi Inc. (NASDAQ: IQ), a leading online entertainment service in China, saw its stock plummet 5.07% in the last 24 hours, closing at $X.XX per share on Friday's trading session.

The sharp decline in iQiyi's share price is attributed to the escalating trade tensions between the United States and China. US President Donald Trump announced plans to double the tariff on Chinese imports, further intensifying the ongoing trade war between the two economic powerhouses.

This development has sparked concerns over potential slowdowns in the Chinese and US economies, triggering a broader selloff in Chinese stocks traded on American exchanges. iQiyi, as a prominent Chinese technology firm listed on the NASDAQ, was caught in the crossfire, leading to the substantial drop in its share value.

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Plunges 5.07% Amid Escalating US-China Trade War\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-28 15:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>iQiyi Inc. (NASDAQ: IQ), a leading online entertainment service in China, saw its stock plummet 5.07% in the last 24 hours, closing at $X.XX per share on Friday's trading session.</p>\n\n<p>The sharp decline in iQiyi's share price is attributed to the escalating trade tensions between the United States and China. 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