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JPMorgan publicizes $1.5 trillion U.S. funding initiative

JPMorgan announced Monday that it is planning a $1.5 trillion funding initiative geared toward bolstering sectors serious to the U.S. economy over the next decade, including up to $10 billion in convey equity and challenge investments.Why it issues: The announcement comes on the heels of President Trump’s possibility to impose 100% tariffs on Chinese language items in accordance to Beijing’s growth of uncommon earth export controls — one in every of potentially the most heated exchanges for the reason that commerce battle began.What they’re announcing: On a name with journalists…
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