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Alibaba Stock Plunges 32% Since March Peak As US-China Trade Tensions Escalate Amid Trump Tariff Moves, Chair Joe Tsai Says 'Everybody Is Concerned'

Summary

Alibaba Group Holding Ltd. shares have plummeted 32.50% since mid-March as escalating trade tensions between the U.S. and China threaten to derail the e-commerce giant's international business model.

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Article published on April 9, 2025 by benzinga