by Penka Arsova
President Trump announced Tuesday that he has signed legislation to hold China accountable for its oppressive actions against Hong Kong and an executive order that the U.S. no longer recognizes Hong Kong as a separate entity from China.
The executive order ends Hong Kong’s special economic status under U.S. law, including revoking special treatment for Hong Kong passport holders and terminated academic partnerships. “No special privileges, no special economic treatment and no export of sensitive technologies”, the president said at a news conference.
“We just lost a competitor” that “we incentivized to do a lot of business,” he said, referring to Hong Kong, which will now be “treated the same as mainland China.”
“No administration has been tougher on China than this administration,” the president added.