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Long-time China advisor on Pres. Donald Trump's move to eliminate special treatment for Hong Kong
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Robert Kuhn, long-time advisor to the Chinese government, joins “Closing Bell” to discuss what’s at stake as Trump moves to eliminate special treatment for Hong Kong.
President Donald Trump on Friday announced he would begin taking steps to revoke Hong Kong’s favored trade status with the United States, in response to a controversial new security law passed by China’s parliament that would effectively bar political protest in Hong Kong.
“I am directing my administration to begin the process of eliminating policy exemptions that give Hong Kong different and special treatment,” Trump said during a Rose Garden event at the White House.
“My announcement today will affect the full range of agreements that we have with Hong Kong, from our extradition treaty, to our export controls and technologies,” Trump said. “We will take action to revoke Hong Kong’s preferential treatment as a separate customs and travel territory from the rest of China.”
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President Donald Trump on Friday announced he would begin taking steps to revoke Hong Kong’s favored trade status with the United States, in response to a controversial new security law passed by China’s parliament that would effectively bar political protest in Hong Kong.
“I am directing my administration to begin the process of eliminating policy exemptions that give Hong Kong different and special treatment,” Trump said during a Rose Garden event at the White House.
“My announcement today will affect the full range of agreements that we have with Hong Kong, from our extradition treaty, to our export controls and technologies,” Trump said. “We will take action to revoke Hong Kong’s preferential treatment as a separate customs and travel territory from the rest of China.”
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
#CNBC
#CNBC TV
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