24/07/2020
On 14th July, 2020, President Trump signed the Hong Kong Autonomy Act (the “HKAA”) and, simultaneously, an Executive Order implementing the HKAA and revoking Hong Kong’s preferential trade status. As a result of these steps, Hong Kong will now be treated the same as mainland China for the purposes of, among other things, export controls and tariffs and various sanctions will be imposed on certain foreign individuals and entities whose identities are to be confirmed.