Penelope
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- Jul 15, 2014
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Trump Pal Carl Icahn Unloaded Millions In Steel-Related Stock Days Before Tariff
The billionaire sold before shares of crane manufacturer Manitowoc Co. plunged on Trump’s tariff plan.
Billionaire Carl Icahn, President Donald Trump’s longtime friend and former special adviser, sold $31.3 million in shares of a steel-related company just before Trump announced tariffs on imported steel and aluminum.
Icahn
unloaded nearly 1 million shares in crane manufacturer Manitowoc Co. of
Wisconsin from Feb. 12 to Feb. 23, according to a filing with the
Securities and Exchange Commission first reported by the
website Think Progress. Manitowoc
relies on steel, and shares in the company fell after Trump announced on
Thursday that he plans to impose a 25 percent tariff on steel. The
Commerce Department’s report recommending the tariffs was made public Feb. 16.
Trump Pal Carl Icahn Unloaded Millions In Steel-Related Stock Days Before Tariff | HuffPost
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I wonder if he knew or just happened to sell.
The billionaire sold before shares of crane manufacturer Manitowoc Co. plunged on Trump’s tariff plan.
Billionaire Carl Icahn, President Donald Trump’s longtime friend and former special adviser, sold $31.3 million in shares of a steel-related company just before Trump announced tariffs on imported steel and aluminum.
Icahn
unloaded nearly 1 million shares in crane manufacturer Manitowoc Co. of
Wisconsin from Feb. 12 to Feb. 23, according to a filing with the
Securities and Exchange Commission first reported by the
website Think Progress. Manitowoc
relies on steel, and shares in the company fell after Trump announced on
Thursday that he plans to impose a 25 percent tariff on steel. The
Commerce Department’s report recommending the tariffs was made public Feb. 16.
Trump Pal Carl Icahn Unloaded Millions In Steel-Related Stock Days Before Tariff | HuffPost
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I wonder if he knew or just happened to sell.