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President Donald Trump just gave a major lift to companies like SolarEdge Technologies (SEDG) operating in the United States. On Aug. 26, Trump signed an emergency order that stops the purchase, import, and installation of foreign-made bulk-power systems and their associated software.
In the executive order, Trump argues that these bulk-power systems could be a target of “those seeking to commit malicious acts against the United States.” These acts include “malicious cyber activities” that could have grave impacts on the U.S. economy, human health and safety, and national defense.
