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International relations

Trump signs Hong Kong bill to punish Chinese officials and banks

Move comes with executive order to revoke city's preferential treatment

U.S. President Donald Trump speaks during a news conference at the White House on July 14.   © Reuters

NEW YORK -- U.S. President Donald Trump on Tuesday signed into law a bill requiring sanctions against Chinese officials involved in Beijing's crackdown on Hong Kong as well as banks that do business with them.

Trump made the announcement during a news conference at the White House Rose Garden. The president said he also signed an executive order that would end preferential treatment to Hong Kong in tariffs, export controls and other areas.

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