WASHINGTON: The Trump administration is crafting a range of options to punish China over its tightening grip on Hong Kong, including targeted sanctions, new tariffs and further restrictions on Chinese companies, according to US officials and people familiar with the discussions.
But they suggested that the severity of US measures could depend, at least in part, on the extent to which China’s Communist Party rulers implement planned national security rules in the former British colony. Among the likeliest early steps could be sanctions against Chinese officials, government and security entities and companies involved in enforcing the proposed legislation, which has triggered renewed street protests in Hong Kong and threatened the future of China’s freest city, two people familiar with the matter told Reuters.
Another option under consideration would call for suspending Hong Kong’s preferential tariff rates for exports to the United States, three sources told Reuters.
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