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Trump Aides Weigh Proposals to Undermine H.K. Dollar Peg

Bloomberg
Updated

Jul.07 -- Top advisers to President Donald Trump want the U.S. to undermine the Hong Kong dollar’s peg to the U.S. dollar as the administration considers options to punish China for recent moves to chip away at the former British colony’s political freedoms, according to people familiar with the matter. Meanwhile, Trump says his administration is considering banning the short video app TikTok in the U.S. Bill Faries reports on "Bloomberg Daybreak: Asia."