Business Standard

US weighs options to 'punish' China over Hong Kong; sanctions likely

Among the likeliest early steps could be sanctions against Chinese officials, govt and companies involved in enforcing the proposed legislation, which has triggered street protests in Hong Kong

President Donald Trump speaks during a coronavirus task force briefing at the White House. Photo: PTI
Premium

Internal US deliberations, unfolding amid increased US-China tensions over the coronavirus pandemic, are continuing and final decisions have yet to be made, the sources said on condition of anonymity.

Reuters Washington
The Trump administration is crafting a range of options to punish China over its tightening grip on Hong Kong, including targeted sanctions, new tariffs and further restrictions on Chinese companies, according to US officials and people familiar with the discussions.

Such moves could mark the opening salvoes of the US response as President Donald Trump weighs how far he is prepared to go after the State Department's assessment on Wednesday that Hong Kong is no longer autonomous enough from Beijing to deserve special treatment under US law that helped make it a global financial hub.

Internal US deliberations, unfolding amid

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 28 2020 | 10:33 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com