Trump signs Hong Kong Autonomy Act, ends city’s preferential trade status
In response to Beijing’s moves against Hong Kong, US President Donald Trump signed an executive order ending the city’s preferential trade treatment, and gave way to a bill that would require sanctions against foreign individuals and banks for contributing to the erosion of Hong Kong’s autonomy."Today, I signed legislation and an Executive Order to hold China accountable for its oppressive actions against the people of Hong Kong," Trump said while addressing the media.Trump said he signed Hong Kong Autonomy Act which will give powerful new tools to hold China responsible. The Act will allow the Trump administration to levy sanctions against foreign individuals and banks for contributing to the erosion of Hong Kong's autonomyThe signing of the Act comes two weeks after imposition of the Hon...