Home Live Trending News U.S. Commerce Dept ends its particular remedy for Hong Kong

U.S. Commerce Dept ends its particular remedy for Hong Kong

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U.S. Commerce Dept ends its special treatment for Hong Kong

The Hong Kong based mostly CSCL East China Sea container ship sits in a berth on the Port of Oakland on June 20, 2018 in Oakland, California.

Justin Sullivan | One other Billionaire Information

The U.S. Commerce Division’s rules giving preferential remedy to Hong Kong, together with export license exceptions, have been suspended, Secretary Wilbur Ross mentioned on Monday.

In a press release, Ross additionally mentioned additional actions to remove differential remedy for Hong Kong had been additionally being evaluated, as Washington steps up strain on China over its choice to impose safety laws on Hong Kong.

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