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Trump Targets Ant’s Alipay, WeChat Pay in Latest App Bans

  • Ban in executive order includes services by Ant Group, Tencent
  • Order takes effect in 45 days, when Biden is in office
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Trump Signs Order to Ban Transactions With 8 Chinese Apps
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President Donald Trump signed an order banning U.S. transactions with eight Chinese apps including Ant Group Co.’s Alipay and Tencent Holdings Ltd.’s digital wallets, riling Beijing days before he’s slated to leave office.