President Donald Trump’s executive order ending Hong Kong’s special status under U.S. law effectively ends the territory’s separate customs treatment from China – but the immediate impact on trade is likely to be limited, trade law experts say.
U.S. President Donald Trump speaks about administration efforts to curb federal regulations during an event on the South Lawn of the White House in Washington, U.S., July 16, 2020. REUTERS/Jonathan Ernst
Trump’s order here issued late on Tuesday to punish China over a new national security law imposed on Hong Kong, does not explicitly mention tariffs nor Hong Kong’s separate customs status.
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