- U.S. President Donald Trump signed an executive order banning transactions with eight Chinese-based applications, The Wall Street Journal reports. Trump claims the apps have the ability to access users' private information. The order goes into effect in 45 days.
- In response to the executive order, U.S. Secretary of Commerce Wilbur Ross said in a statement, "Consistent with the authorities designated to the Secretary of Commerce from the President, I have directed my Department to begin implementing the E.O.’s directives, including identifying prohibited transactions related to certain Chinese connected software applications."
- The Wall Street Journal also reports Chinese regulators are seeking data from Ant Group. The company owns Alipay, one of the apps banned by Trump's executive order.
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