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Thursday, 25 April 2024
Tuesday, 03 Dec 2019 11:00 am

Trump said that the Hong Kong law he just Signed could Complicate any Trade Deal with China

“It doesn’t make it better,” Trump acknowledged when asked if the Hong Kong Human Rights and Democracy Act – which he signed into law last week just before Thanksgiving – would make a deal with China harder to achieve.

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US President Donald Trump said Monday that a new law authorising the US to sanction Chinese officials over human rights abuses in Hong Kong could complicate his administration’s efforts to secure a trade deal with Beijing.

“It doesn’t make it better,” Trump acknowledged when asked if the Hong Kong Human Rights and Democracy Act – which he signed into law last week just before Thanksgiving – would make a deal with China harder to achieve.

In addition to punitive action against officials found to be responsible for undercutting freedoms guaranteed in the Basic Law – Hong Kong's mini-constitution — the law also requires the US Secretary of State to make an annual certification that the city enjoys sufficient autonomy from the mainland to warrant maintaining the special trade status it enjoys in Washington.

Trump had previously lobbied his Republican allies in the Senate to slow-walk the bill, and claimed last week that some of its provisions would “interfere” with his ability to “state the foreign policy of the United States”. But bipartisan support for the act was considered so strong in both houses of Congress that a presidential veto would have been overridden.

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Neha Pandey

Aware of her elements, Neha writes the best articles across industries including electronics & semiconductors, automotive & transportation and food & beverages. Being from the finance background she has the ability to understand the dynamics of every industry and analyze the news updates to form insightful articles. Neha is an energetic person interested in music, travel, and entertainment. Since past 5 years, she written extensively on sectors like technology, finance and healthcare.


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