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Trump announces new sanctions against China and an executive ordinance that ends Hong Kong’s preferential treatment

The President of the United States, Donald Trump, signed a law on imposing sanctions on China in response to Beijing’s national security law approved by Hong Kong for Beijing, and has enjoyed the signing of an executive ordinance to end US preferential treatment announced by the territory.

In a statement released by the White House, Trump said the law allows sanctions to be imposed on foreigners, corporations, and financial institutions that contribute to “China’s measures to remove Hong Kong’s autonomy.”

“The law deals with China’s non-compliance with certain commitments to the Sino-British joint declaration,” added the president, whose administration has particularly criticized the legislation.

Trump announces new sanctions against China and an executive ordinance that ends Hong Kong’s preferential treatment
Trump announces new sanctions against China and an executive ordinance that ends Hong Kong’s preferential treatment

The new national security law implies that the Beijing government will exercise jurisdiction over “complicated” cases in Hong Kong, such as those involving foreign interventions when local authorities cannot enforce the law or when the national security of the territory is “serious or.” realistic “threats as set out in the legal text published in the past few hours.

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