U.S. looking at various responses to China's law on Hong Kong: Mnuchin
Thursday, 11 June 2020 The Trump administration is looking at various responses to China's national security law on Hong Kong through the president's working group on capital markets, U.S. Treasury Secretary Steven Mnuchin said on Thursday.
China opened its new national security office in Hong Kong on Wednesday, turning a hotel near a city-center park that has been one of the most popular venues for pro-democracy protests into its new headquarters. Libby Hogan reports.
Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell were in the hot seat Tuesday as they faced senators for the first time in a required update on the financial response to the coronavirus pandemic. Conway G. Gittens has more on the testy exchange.
President Donald Trump said he’s not interested in speaking to Chinese President Xi Jinping. Trump said he might even cut ties with the world’s second largest economy. The president said he was disappointed with China’s ability to contain the disease. According to Reuters, he was also upset COVID-19 ruined his trade deal with Beijing. U.S. Treasury Secretary Steven Mnuchin said Trump wants more information about the virus before negotiating with China.