Trump says yet to decide whether to close trade deal with China

Суббота, 23 Ноя, 2019

Meanwhile, Sen. Marco Rubio, R-Fla., said he urged Trump to "sign this critical bill into law as soon as possible". It then passed the House by a 417-1 vote to send it to President Donald Trump's desk for his signature. In an interview with TIME after his trip, he said the passage of the act would start "a new chapter of bipartisan consensus on a tougher approach to Hong Kong's democratization".

The "Hong Kong Human Rights and Democracy Act", which the Senate and House passed this week, would put the special treatment the former British colony enjoys under us law under tighter scrutiny linked to the extent of Hong Kong's autonomy from Beijing.

Risk sentiment has seesawed all week amid mixed signals on whether Washington and Beijing can work out at least a partial deal to end trade-related tensions between the world's two largest economies.

Tang Ping-keung, commissioner of police of China's Hong Kong Special Administrative Region, on Friday urged remaining rioters to leave the Hong Kong Polytechnic University (PolyU) campus as soon as possible, citing bad and unsafe conditions inside. "And no one should underestimate its determination to implement the "One Country, Two Systems" and maintain Hong Kong's prosperity and stability", ministry spokesperson Geng Shuang told reporters at Thursday's daily briefing.

Chinese state-run media has been ramping up its criticism of the Hong Kong protests as the demonstrations have grown increasingly violent in recent weeks, even as momentum has sped up for the legislation in Washington.

Trump has made boosting USA manufacturing a priority and consistently pushed American companies to keep the jobs at home.

U.S. and Chinese negotiators are working toward a trade agreement, and markets had rallied in recent weeks on optimism it will be signed off soon.

The Trump administration has import taxes in place on some $360 billion in goods from China and has threatened to impose new levies December 15.

Australian shares gained 0.55% and Japan s Nikkei.N225 was up 0.43%. "The prospect of not reaching a deal and requiring escalation from here remains quite real".

And it furthered a pattern of Trump prioritizing fragile trade talks with China's President Xi Jinping over a forceful denunciation of his counterpart's battle with pro-democracy protesters in Hong Kong.

US-China "phase one" talks are getting more complicated and could slide into next year, according to a breaking Reuters report that cites "people close to the White House".

But Hong Kong pro-democracy activists are celebrating regardless.

China denounced the legislation as gross interference and violation of global law.

Last week, soldiers from the Hong Kong garrison of the People's Liberation Army (mainland China's military) helped clean debris from streets.

The new U.S. bill would require an annual review of that status, which could be revoked if the city's unique freedoms are quashed.

"I know Hong Kongers can hear and feel the strong support and backing of the US from today's bipartisan votes", he added.