Pompeo formally certified to Congress that the Trump admin no longer views Hong Kong as an autonomous region of China. This effectively terminates the city's special status under U.S. law that has helped it flourish as destination for trade and investment
Secretary of State Mike Pompeo certified to Congress on Wednesday that the Trump administration no longer views Hong Kong as an autonomous region of China, a move that jeopardizes the city's special status under U.S. law that has helped it flourish as a destination for trade and investment.
The White House did not immediately respond to a question on the topic, but Trump hinted at possible sanctions on China at an event on Tuesday. "After careful study of developments over the reporting period, I certified to Congress today that Hong Kong does not continue to warrant treatment under United States laws in the same manner as U.S. laws were applied to Hong Kong before July 1997. No reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts on the ground," Pompeo said Wednesday.
“Far-reaching changes to Hong Kong’s status under the U.S.-Hong Kong Policy Act as a separate territory in economic and trade matters would have serious implications for Hong Kong and for U.S. business, particularly those with business operations located there who exercise a positive influence in favor of Hong Kong’s core values," the U.S. Chamber of Commerce said.
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