Follow Reuters, the Trump administration is offering a series of options to punish China for tightening its autonomy and freedom in Hong Kong, including measures from economic sanctions, taxation, to extension of term. for Chinese companies.
According to Ruters sources, President Donald Trump is considering what measures to take against China after a State Department assessment on May 28 that Hong Kong no longer has enough autonomy to be treated. especially under US law – incentives have turned the island into a global financial center.
Unnamed sources revealed that Washington has yet to make a final decision on its response to Beijing.
However, they contend that the level of the response will depend on the scale and scope of the security laws the CCP will enforce in Hong Kong.
China has repeatedly said the bill would not threaten Hong Kong’s high autonomy and warned that it would respond to any sanctions from Washington.
It is not yet clear whether Trump is ready to deploy what is known as the “nuclear option”, that is, the deprivation of special economic incentives that the United States has given to Hong Kong since the end of the ruled the UK more than 2 decades ago.
Among the first options, the United States could punish officials, government agencies, security companies and entities involved in implementing the proposed bill, according to two sources. Reuters.
David Stilwell, assistant secretary of state for East Asia, said a long list of potential U.S. sanctions would cover many areas, including visas and economic sanctions. . He declined to elaborate, but said the measures would be revised to minimize the impact on Hong Kong residents and American businesses there.
> The Chinese National Assembly unanimously passed the Hong Kong security bill
Another option under consideration is the suspension of preferential tariffs on exports to the United States, according to three sources familiar with the matter. The move will put goods in Hong Kong under the same tax rate imposed by the Trump administration on mainland China.
The US government could also give tighter control over Chinese companies that have established legal partners in Hong Kong to benefit from the special status of the special zone. This can be done through a thorough audit of the registration information of Chinese companies traded in the US market.
President Trump will have the full right to remove all Hong Kong privileges, or only certain, or not remove any privileges.
“We will do this intelligently,” Mr. Stilwell said, “Although the United States does not expect Beijing to turn its own head.”
One of the ideas is that Mr. Trump could set a deadline, lasting several months or a year, for China to improve the political situation in Hong Kong, otherwise it will face the loss of special status. distinct.
Le Vy (according to Reuters)