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-0.000139411682699015 0.000139411682699015 -0.000418235048096914 -0.000630140805799444 0.00260235141038153 4.64705608997599E-05 -0.00406617407872113 -0.00357823318927451
Stock impact report

Trump prepares for bans on WeChat, TikTok, stoking tension with Beijing [Toronto Globe and Mail (Ontario, Canada)]

Microsoft Corporation (MSFT) 
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Trump prepares for bans on WeChat, TikTok, stoking tension with Beijing Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing, on Aug. 7, 2020. Mark Schiefelbein/The Associated Press Icons for the smartphone apps TikTok and WeChat are seen on a smartphone screen in Beijing, on Aug. 7, 2020. U.S. President Donald Trump has unveiled sweeping bans on U.S. transactions with the Chinese owners of messaging app WeChat and video-sharing app TikTok, escalating a high-stakes confrontation with Beijing over the future of the global tech industry. The executive orders announced Thursday and effective in 45 days come after the Trump administration this week flagged increased effort to purge “untrusted” Chinese apps from U.S. digital networks, calling Tencent Holdings Ltd’s WeChat and Bytedance’s popular TikTok “significant threats.” China said on Friday the companies comply with U.S. laws and regulations and warned that the United States would have to “bear Show less Read more
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