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Tue Jul 14, 2020, 09:23 PM

US President Donald Trump signs Hong Kong Autonomy Act, and ends the city's preferential trade statu

Source: South China Morning Post

US President Donald Trump took two actions against China in response to Beijing’s moves on Hong Kong on Tuesday, signing an executive order ending the city’s preferential trade treatment, and enacting a bill that would require sanctions against foreign individuals and banks for contributing to the erosion of Hong Kong’s autonomy.

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

Trump did not say when the new executive order’s provisions would go into effect, and the text of the directive is yet to be released. The move could open up Hong Kong to the tariffs his administration has slapped on Chinese exports over the course of the trade war that has raged between Washington and Beijing for the past two years.

The latest salvos in Washington’s retaliation over Beijing’s imposition of a sweeping national security law on the city, the executive order and Trump’s signing of the Hong Kong Autonomy Act came shortly before a deadline for the US leader to sign or veto the legislation.

Read more: https://www.scmp.com/news/world/united-states-canada/article/3093200/donald-trump-signs-hong-kong-autonomy-act-and-ends

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Reply US President Donald Trump signs Hong Kong Autonomy Act, and ends the city's preferential trade statu (Original post)
brooklynite Jul 14 OP
bucolic_frolic Jul 14 #1
atreides1 Jul 14 #2
IthinkThereforeIAM Jul 14 #3
Massacure Jul 14 #4

Response to brooklynite (Original post)

Tue Jul 14, 2020, 09:36 PM

1. Wonder what he got out of this deal

Do not understand why everything that ever existed has to be uprooted by Donald Trump and replaced with something inferior where apparently no one is better off. Have we gained anything? Pollution, enemies, ill-will. And a fatter ego. Makes no sense.

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Response to brooklynite (Original post)

Tue Jul 14, 2020, 09:47 PM

2. The only winner here...

...is the Chinese government!

This legislation isn't going to help the people of Hong Kong...and it sure as hell doesn't do anything for their autonomy!!!



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Response to atreides1 (Reply #2)

Tue Jul 14, 2020, 10:29 PM

3. That is what it looks like to me, too...


... so as a matter of U.S. policy now, Hong Kong and China proper are on a, "level", playing field, ie... no special favors for Hong Kong anymore.

Is he going to do that to Taiwan, too?

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Response to IthinkThereforeIAM (Reply #3)

Tue Jul 14, 2020, 10:38 PM

4. China has little to no influence within Taiwan's affairs

Countries that do not toe the Chinese line tend to have foreign investment from China and access to Chinese markets severely restricted. That has certainly isolated Taiwan internationally, but China has had little success at meddling within Taiwan's internal affairs.

Trump's has done a couple highly visible diplomatic actions with Taiwan that have angered China. It's probably the only thing we should agree with him on. A broken clock is right twice a day as the saying goes.

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