In response to Beijing’s National Security Law imposed on Hong Kong, Donald Trump, on Tuesday, signed Hong Kong Autonomy Act and an executive order ending the city’s preferential trade treatment.
The Act, as Trump said, gives “powerful tools” to his administration to hold foreign individuals who “materially contributing” to the violation of Hong Kong’s freedom accountable and requires “mandatory sanctions” on Chinese government officials who violate China’s commitments to Hong Kong under the Sino-British Joint Declaration and the Basic Law, the city’s mini-constitution.
The executive order will take away Hong Kong’s status as China’s global financial hub as the city will now be treated with no special privileges, no special economic treatment, and no export of sensitive technologies the same as mainland China. Trump added to his Rose Garden conference.
#China on Wednesday warned the #US that it will 'definitely hit back' with sanctions if #Washington goes ahead with the implementation of President #DonaldTrump’s 'Hong Kong Autonomy Act'https://t.co/6inlrqXDlL— editorji (@editorji) July 15, 2020
These sanctions will continue to damage the relations between the US and China as trump shows no interest in speaking to President Xi Jinping soon.