Would US shoot itself in the foot in imposing sanctions over Hong Kong? RT’s Boom Bust investigates ...United Arab Emirates

Russia Today - Economy

While revoking Hong Kong’s preferential treatment may be catastrophic for the city's financial system, the move could also backfire on the US itself and even challenge the dollar, Boom Bust has learned. On Friday, US President Donald Trump said he would end the special trade relationship with Hong Kong and impose sanctions on Chinese officials who backed the recent national security law. For the former British colony, the move could mean that it will become subject to US tariffs on China and lead to the city’s demise as one of the major global financial hubs. “Most importantly there is a

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Would US shoot itself in the foot in imposing sanctions over Hong Kong? RT’s Boom Bust investigates ...United Arab Emirates

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