Skip to comments.US Revokes Hong Kong Special Trading Status, Stops Defense Exports
Posted on 06/30/2020 8:39:24 AM PDT by SeekAndFind
The Trump administration announced on Monday that it is revoking Hong Kongs special trading status and stopping its defense equipment exports to Hong Kong, in order to protect U.S. national security amid the passing of Beijings national security law for Hong Kong.
With the Chinese Communist Partys imposition of new security measures on Hong Kong, the risk that sensitive U.S. technology will be diverted to the Peoples Liberation Army or Ministry of State Security has increased, all while undermining the territorys autonomy. Those are risks U.S.A refuses to accept and have resulted in the revocation of Hong Kongs 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.
The United States previously treated Hong Kong as a separate entity from mainland China in the areas of trade, investment, and immigration. This has meant that current U.S. tariffs on billions of dollars worth of Chinese goods have not applied to Hong Kong.
President Donald Trump had warned of the move to revoke Hong Kongs special status in late May as the Chinese Communist Party (CCP) moved to draft its so-called national security law. At the time, Trump also said that U.S. travel advisories would be updated to reflect the increased danger of surveillance and punishment by the Chinese state security apparatus following the national security laws approval.
The administration will also take necessary steps to sanction Chinese and Hong Kong officials directly or indirectly involved in eroding Hong Kongs autonomy, Trump said at the time.
(Excerpt) Read more at theepochtimes.com ...
"Secretary of State Mike Pompeo announced in a statement on Monday that in addition to stopping exports of U.S.-origin defense equipment to Hong Kong, the administration will also take steps to impose similar restrictions on Hong Kong as it does for China on U.S. defense and dual-use technologies."
WHY THE HECK ARE WE EXPORTING DEFENSE AND DUAL-USE TECHNOLOGIES TO CHINA ??!!
which idiotic administration started this and why hasn't it been stopped?
The answer is simple
At the absolute latest, as soon as the UK finished their lease in 1997 any defense exports to HK should’ve ceased.
I know the Clintons, Bushies and Obama would never deal with this but WTF did it take this administration nearly 3.5 years to deal with this?
Well, PDJT was just sitting back drinking beer all that time. Nothing else to do.
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