fxs_header_sponsor_anchor

News

China to implement sanctions on US officials, entity over Hong Kong

  • China to implement sanctions on US officials, entity over Hong Kong.

The headline follows  U.S. President Donald Trump signing of the HK executive order: Trump's US President Donald Trump: Signed executive order to hold China accountable for its actions against Hong Kong

 Trump on Tuesday signed an executive order blocking the US property of persons who undermine democratic institutions in Hong Kong and other measures following Beijing's tightening of control on the city.

The text of the order released by the White House also revokes license exceptions for exports to Hong Kong and eliminates the preference for Hong Kong passport holders as compared to China.

US President Trump: You'll see more coming on actions towards China

In retaliation, China to implement sanctions on US officials.

Key points

  • Trump says Hong Kong’s people’s freedom has been taken away.
  • Trump says he signed executive order ending preferential treatment for Hong Kong.
  • Trump says he has convinced many countries not to use Huawei.
  • Trump says he holds china fully responsible for concealing the coronavirus and unleashing it on the world.
  • Trump says the rise of China is not a positive development for US.

more to come...

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.