Trump targets China with executive decree ending Hong Kong special status | News from the world

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President Donald Trump on Tuesday ordered the end of Hong Kong’s special status under US law to punish China for what he called “aggressive actions” against the former British colony.Citing China’s decision to enact new national security law for Hong Kong, Trump said he had signed an executive order that will end the preferential economic treatment that Hong Kong has received for years – “no privileges special, no special economic treatment and no export of sensitive technologies, “he said at a press conference.

Acting on Tuesday’s deadline, Trump has also signed a bill approved by the US Congress to penalize banks doing business with Chinese officials who are implementing the new security law.

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