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Trade war

US weighs restrictions on capital flows through Hong Kong: Mnuchin

Working group to offer 'variety of recommendations' on responding to China security laws

WASHINGTON (Reuters) -- U.S. Treasury Secretary Steven Mnuchin said on Thursday he was working on various capital markets responses to China's Hong Kong Security law, including some measures that could restrict capital flows through the territory.

Speaking to reporters on a video call, Mnuchin said his primary focus in the U.S. response to China's Hong Kong clampdown was through the President's Working Group on Capital Markets, an interagency group of U.S. financial regulators.

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