China on Wednesday promised to retaliate against “U.S. institutions and individuals” after President Trump signed legislation and an executive order sanctioning Beijing for imposing a sweeping new national security law on Hong Kong.
Trump on Tuesday signed the Hong Kong Autonomy Act, which approves sanctions on Chinese officials and banks, as well as an executive order ending Hong Kong’s preferential trade treatment.
“Today I signed legislation, and an executive order to hold China accountable for its aggressive actions against the people of Hong Kong,” Trump told reporters at the White House Rose Garden.
“Hong Kong will now be treated the same as mainland China,” he said. “No special privileges, no special economic treatment and no export of sensitive technologies.”
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