Trump also ended Hong Kong's preferential trade status

Washington, July 15, 2020, Wednesday

The US has taken major action against China. Trump has signed the Hong Kong Autonomy Act.

Trump said China was responsible for the atrocities in Hong Kong. He also said that he has terminated Hong Kong's preferential trade status. He also said that China is responsible for the biggest economic crisis in the world.

“We saw what happened with Hong Kong,” Donald Trump said. Its autonomy has been stripped away so that it cannot compete in the free market. I think a lot of people are leaving Hong Kong now. We have lost a good competitor. We have done a lot for this. ' No special treatment will be given to Hong Kong. Hong Kong will be treated the same as China.

He said China took advantage of the US but in return gave the virus which has caused economic losses.