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Breaking: Dollar Surges Amid Reports US to Sanction Hong Kong Leader Carrie Lam

Adel 7 August, 2020 5:25 pm Breaking News, Market Update

The safe-haven dollar is rising across the board Amid Reports US to Sanction Hong Kong Leader Carrie Lam.

The US administration is reportedly considering expanding its action against China, potentially sanctioning Hong Kong leader Carrie Lam. Bloomberg is reporting.

Such a move would come after President Donald Trump signed an Executive Order to restrict transactions with TikTok and WeChat – two Chinese tech titans. Negotiators from the world’s largest economies meet next week to take stock of the trade deal, and tensions are rising.

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