The United States is considering a series of sanctions the oppression of Hong Kong, people familiar with the matter to punish China, such as the Trump administration weighs whether to declare the former colony, lost its autonomy from Beijing. The Treasury may impose controls on transactions and freeze assets of officials and Chinese companies to a new national security law to implement that would restrict the rights and freedoms of citizens of Hong Kong. Other measures under consideration include visa restrictions for Chinese Communist Party officials, after two people. inter-agency discussions are ongoing and no decision has been taken about whether to employ such as sanctions, said the people, who spoke on condition of anonymity because the trains are still being examined. President Donald Trump, asked about possible sanctions at the White House on Tuesday said that his government is “time to do something”, which will introduce this week. “It ‘s something that goes next to hear about over – before the end of the week,” said Trump. “Very powerful, I think.” A spokesman for the Treasury Department declined to comment. The news curbed a recovery of stock markets, the S & P 500 to be sent to session lows in the last half hour of trading. He had tried to growing tensions past actions with the timing marks on fire in China are growing that the worst of the blows of the pandemic Crown had gone on the economy. have the chip makers and MegaCap technology companies, the big business with China leading the sales weight. Read: the US challenge to penalize China: Hurt Beijing, not Hong Kong The Department of State is to certify the autonomy of Hong Kong under the Democracy and Human Rights Law provides that Hong Kong Trump in a law signed last year – might, and a negative determination Office thinks Hong Kong’s special trade status. A senior government official said that the announcement of certification could arrive within a week and said he had no doubt that the United States was the autonomy of Hong Kong certified under the current circumstances. The Trump management plans to react under greater pressure from Republicans and Democrats in Congress firmly on China to assert greater control over Hong Kong. However, the United States is facing a challenge for China to fight back because no harsh sentences were headed to Beijing probably both wrong Hong Kong – and the US economy and the investment community was anxiously watching the tensions of recent days to rise. The Chamber of Commerce of the United States on Tuesday, the Chinese government has asked Hong Kong’s “one country, two systems” to get the frame and on the administration Trump to continue to pursue a constructive relationship between the United States and Hong Kong. “It would be a grave error to compromise on many levels of special status of its Hong Kong, which is its role as a destination attractive investment and an international financial center is of paramount importance,” the group said in a statement. White House press secretary Kayleigh McEnany said Tuesday that the president “dissatisfied” with China’s efforts and “it is hard to see how Hong Kong can be a financial center when China takes over.” He declined to elaborate on specific measures the president was considering. Beijing has repeatedly warned the United States not to interfere with what he considers an internal affair. -With the help of Josh Wingrove and Jordan Fabian.
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