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0 0 0.000607902735562405 0.00227963525835875 0.000303951367781311 0.00471124620060794 0.00136778115501525 0.001823708206687
Stock impact report

Trump Dumps On China With Tariff Threats, And Maybe An Investing Ban [Forbes]

Chagee Holdings Limited - American Depositary Shares, each representing 1 Class A ordinary share (CHA) 
Company Research Source: Forbes
The roaring POTUS. President Donald Trump has said repeatedly that China will pay for the pandemic.... [+]Making it harder to do business and invest there might be one way he sets out to achieve that. (Photo by Win McNamee/Getty Images)President Trump has gone ham on China this week.The latest are threats of coronavirus pay-back tariffs and reported bans on the iFund — a $50 billion government retirement account holding money for ex-military — from benchmarking to an MSCI Index which holds China securities.The Thrift Savings Plan, the $700 billion government employee 401(k) system, is said to be switching from the MSCI EAFE Index to invest in the MSCI All-Country World Index (ACWI), which has about 4% in China stocks. This switch would be for the iFund, held by retired military personnel .The Sinclair Broadcasting Group reported Thursday that insiders close to the president said he was considering an executive order to ban the switch to the MSCI ACWI, which had around $337 million inv Show less Read more
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