In broadside against China, Trump moves toward ending Hong Kong privileges

Global TimesMr Trump gave no time frame for the moves, suggesting he may be trying to buy time before deciding whether to implement the most drastic measures that have drawn strong resistance from US companies operating in the territory.

US stocks finished mostly higher on Friday after the market viewed Mr Trump's announcement as less threatening to the US economy than investors had feared.Mr Trump's revved-up rhetoric against China comes in the midst of a 2020 re-election campaign in which opinion polls show US voters increasingly embittered toward Beijing, especially over the novel coronavirus.

Daniel Russel, the top US diplomat for East Asia until early in Mr Trump's administration, said Mr Trump's Hong Kong provisions remained"fairly vague" and added that"it remains to be seen how quickly and extensively they are implemented". While Mr Trump gave no time frame for moves, two people familiar with the matter said that among the options under consideration were to set a deadline of a year from now for China to ease the political situation in Hong Kong, or else face full revocation of its special status.

Earlier, Hong Kong's Beijing-backed government told Washington to keep out of the debate over the national security legislation being imposed by China, and warned that withdrawal of the financial hub's special status could backfire on the American economy.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump strips Hong Kong privileges, curbs students in volley on ChinaPresident Donald Trump said Friday that the United States will restrict Chinese students and start reversing Hong Kong's special status in customs ... Dumb and dumber always look compatible.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Trump to curb China students, strip Hong Kong privilegesPresident Donald Trump said Friday that the United States will restrict Chinese students and start reversing Hong Kong's special status in customs ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US moves over Hong Kong further fray China ties, but may have limited effect on BeijingWASHINGTON - Relations between China and the United States took a turn for the worse on Friday (May 29) when President Donald Trump announced a series of measures intended to exact a price from Beijing for changing the status quo in Hong Kong.. Read more at straitstimes.com. If you do not want to confess crime on TV without trial, or disappear when you back home because of selling books, Stand with HK. Stand with democracy and human rights. And the Hongkongers will suffer! It’s all a rather muted response that will not have much impact on either HK or China in the short term. Typical US political posturing for Nov election. Too much at stake for US corporations in HK. If it hurts the wallet dearly, Americans wouldn’t be too harsh on HK.
Source: The Straits Times - 🏆 8. / 63 Read more »

China prepared for international backlash over Hong Kong national security lawBeijing is “prepared for the worst case scenario” of an international backlash following the Trump administration’s decision to certify that Hong Kong is no longer suitably autonomous from mainland China.Chinese government advisers said China expected tensions with the US to escalate with the passage
Source: YahooSG - 🏆 3. / 71 Read more »

China faces pressure over Hong Kong as US, Britain push for informal UN Security Council meetingBEIJING (AFP) - China faced growing international pressure on Friday (May 29) over its move to impose a security law on Hong Kong that critics say will destroy the city's autonomy, with the United States and Britain placing the issue before the UN Security Council.. Read more at straitstimes.com. alimiballxd Communism is eroding the freedom of Hong Kongers. There's no way for citizens to get rid of the evil hands of CCP if the world doesn't unite to resist CCP together. Fight for democracy! StandwithHK
Source: The Straits Times - 🏆 8. / 63 Read more »

China says will counter any US actions over Hong Kong BillBEIJING: China said on Friday (May 29) it will take any necessary countermeasures if the United States insists on interfering in Beijing's ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »