Trump's TikTok and WeChat app ban hits global stock markets – business live

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Rolling live coverage of business, economics and financial markets as White House blocks transactions with two Chinese app owners

Rishi Sunak has been doing the breakfast broadcast rounds this morning. Among the most important comments so far from the chancellor are the low likelihood of a furlough extension and hopes that a Brexit deal can be done in September. Here is a run-down of some of the lines from the interviews, as collected by Reuters: Extending the furlough scheme would trap people, Sunak said.

 

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That empty Tulsa rally must have really hurt.... TikTok

As if data from European users is safe in the USA..

I wonder who stands to gain from this and how many campaigns is Facebook going to allow team Trump to run to return the favour...

😂😂

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. China exploits TikTok, WeChat to poison our Ethnic Chinese Americans, esp. those living in China Town, e.g. by spreading fake news among them that 1. we developed the Coronavirus 2. we spread the virus to China 3. we initiated a bioattack on China ...

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