Carl Icahn sold $31.3m of shares in a company dependent on steel imports days before the commerce department mooted stiff tariffs on importsTrump trade tariffs – trade liveCarl Icahn,a former special adviser to Donald Trump, sold $31.3m of shares in a company heavily dependent on steel imports final week, or shortly before Trump’s announcement of new tariffs sent its shares plummeting.
Icahn,a billionaire investor who was a major Trump supporter, started selling shares in the crane and lifting equipment supplier Manitowoc Company on 12 February, and days before the commerce department first mooted plans to impose stiff tariffs on foreign steel imports.
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Source: guardian.co.uk