Tag: power equipment
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Trump’s Grid Equipment Order Triggers Sharp Selloff in Chinese Power-Equipment Stocks
Read more: Trump’s Grid Equipment Order Triggers Sharp Selloff in Chinese Power-Equipment StocksChinese power-equipment and inverter manufacturers suffered their worst single-day rout in months on Thursday, after U.S. President Donald Trump signed Executive Order 14420 — a sweeping national-emergency directive that bans the procurement, import, transfer, or installation of foreign-produced bulk-power-system equipment and directs the Department of Energy to issue implementing rules within 120 days. Although the…