Donald Trump Ends Hong Kong Trade Preferences, Backs Banking Sanctions

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Donald Trump Ends Hong Kong Trade Preferences, Backs Banking Sanctions

“Their freedom has been taken away; their rights have been taken away,” Donald Trump

 

“US President Donald Trump said Tuesday he was ending trade preferences for Hong Kong and signed into law an act that authorizes sanctions on banks over China’s clampdown in the international finance hub.” –NDTV news

“In a discursive news conference dominated by attacks on his domestic rivals, Trump declared himself to be the toughest president ever on China, which has emerged as a top nemesis in November elections.”

“Trump announced that he had issued an executive order, which was not immediately released, on Hong Kong as he predicted decline for the restless city, on which Beijing recently imposed a tough new security law.”

“Hong Kong will now be treated the same as mainland China — no special privileges, no special economic treatment and no export of sensitive technologies,” Trump said in the White House Rose Garden.

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