Not exactly news, but seems like this is not going to end well. Or might end very easily with removal of trade tariffs and business going back to normal.
At this point it all appears to be dick waving/tit-for-tat.. but all it takes is one enforcement or incident to escalate.
The direct impact will be modest. The State Department last year approved $2.4 million in defense sales to Hong Kong, of which $1.4 million worth were actually sent, including firearms and ammunition for law enforcement, according to official figures.
The Commerce Department simultaneously said it was revoking its special status for Hong Kong.
It will now treat the financial hub the same as China for so-called dual-use exports that have both military and civilian applications -- and which are highly restricted when sought by Beijing.https://news.yahoo.com/china-restric...085223817.htmlOn Friday, the State Department said it was restricting visas for an unspecified number of Chinese officials seen as responsible for infringing on the autonomy of the Asian financial hub.
In response, Chinese foreign ministry spokesman Zhao Lijian said Monday that the US "scheme... to obstruct the passage of the Hong Kong national security law will never prevail."
"To target the US's above wrongful actions, China has decided to impose visa restrictions against American individuals who have behaved egregiously on matters concerning Hong Kong," Zhao said.
Dang, now all those senators won't be able to take a vacation on Hainan.
Last edited by Coolboy; 30-06-2020 at 09:17 AM.