And at … The sanctions bill passed both houses of Congress earlier this month.The Trump administration has been openly critical of Beijing's sweeping national security law aimed at limiting Hong Kong's autonomy and banning literature critical of the Chinese Communist Party.Earlier this month, Secretary of State Mike Pompeo described the new law as an "The security law is the latest issue to ratchet up tensions relations between Washington and Beijing. "Trump's announcement was a multi-part salvo in what has been a steadily escalating confrontation playing out over trade, telecommunications, the media, student visas, the South China Sea, the coronavirus and most recently, the question of Hong Kong's autonomy.The Cantonese-speaking enclave was handed over from the UK to China in 1997 under an agreement that was meant to preserve Hong Kong's autonomy in domestic matters, including the judiciary, and ensure its citizens could vote for their leaders. "If Beijing were somehow able to extend its retaliatory tariffs that would have a bigger impact, as the United States exports over $30 billion a year to Hong Kong. We want to hear from you.Sign up for free newsletters and get more CNBC delivered to your inboxGet this delivered to your inbox, and more info about our products and services. Secretary of State Mike Pompeo said in a Thursday interview with Fox News that Trump would make "a series of announcements" on China "in the coming days" and suggested that visa restrictions on Chinese graduate students and researchers could be among them.Shortly after Trump's remarks, the White House issued a presidential proclamation suspending US entry for graduate and postgraduate students and researchers from China that takes effect at noon on Monday and remains in effect until it is terminated by the President.Authorities in the People's Republic of China "use some Chinese students, mostly post graduate students and post-doctorate researchers, to operate as non-traditional collectors of intellectual property," the proclamation said. The United States has reported more deaths and infections from Covid-19 than any other nation, and a recent surge of new cases in numerous states suggests the crisis is far from over.Trump has placed the blame for the devastation squarely with China, and has frequently referred to the coronavirus in terms that associate it with the country – such as the "Chinese Virus" – over the objections of critics who call those names xenophobic. The US will also revoke Hong Kong's preferential customs and travel status, the President said. Some former officials said Trump's response could end up hurting Hong Kong's residents. President Trump on Tuesday announced two actions his administration has taken against China as tensions between Washington and Beijing continue to rise.
"There's never been a time when the two candidates were so different," Trump said.
Trump appeared in the Rose Garden at the end of a week when the Trump called out China for "espionage to steal our industrial secrets, of which there are many," announced steps to protect American investors from Chinese financial practices, accused Beijing of "unlawfully claiming territory in the Pacific Ocean" and threatening freedom of navigation. Trump also said he will be signing a "very powerful" merit-based immigration act, without providing specific details. "Hong Kong affairs are purely China's internal affairs and no foreign country has the right to interfere," the ministry said.The law, dubbed the Hong Kong Autonomy Act, would slap mandatory sanctions on Chinese officials and companies that helped back Beijing's imposition of a security law that clamps down on dissent in Hong Kong. "Got a confidential news tip? "Beijing moving to end Hong Kong's separate political system should trigger an American response, including by terminating Hong Kong's special economic status.
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