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Dow Jones Today Slips After President Trump Issues Executive Order Against TikTok, WeChat

The Dow Jones today is sliding after President Donald Trump signed an executive order that would ban Chinese social media apps WeChat and TikTok from doing business with American firms. The Chinese company has threatened legal action against the Trump administration. Threat of a technology war looms among the world's two largest economic powers. The Trump administration says that the app can allow the Chinese government to spy on U.S. employees and contractors. It could potentially collect personal data for the purposes of blackmail, conduct further corporate spying, and be used to create "disinformation campaigns" by the Chinese Communist Party. The post Dow Jones Today Slips After President Trump Issues Executive Order Against TikTok, WeChat appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: dow jones today To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.
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