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  • US revokes Hong Kong special trading status, stops defense exports

    US revokes Hong Kong special trading status, stops defense exports

    The Trump administration announced on Monday that it is revoking Hong Kong’s special trading status and stopping its defense equipment exports to Hong Kong, in order to protect U.S. national security amid the passing of Beijing’s national security law for Hong Kong.

    H/T: The Epoch Times

    “With the Chinese Communist Party’s imposition of new security measures on Hong Kong, the risk that sensitive U.S. technology will be diverted to the People’s Liberation Army or Ministry of State Security has increased, all while undermining the territory’s autonomy. Those are risks the U.S. refuses to accept and have resulted in the revocation of Hong Kong’s special status,” Secretary of Commerce Wilbur Ross said in a statement.

    “Commerce Department regulations affording preferential treatment to Hong Kong over China, including the availability of export license exceptions, are suspended. Further actions to eliminate differential treatment are also being evaluated.

    “We urge Beijing to immediately reverse course and fulfill the promises it has made to the people of Hong Kong and the world,” he added.

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