President Donald Trump, after signing the Hong Kong Autonomy Act at the White House, says he's not interested "right now" in talking to China about a phase two trade deal.
"We made a great trade deal, but as soon as the deal was done, the ink wasn’t even dry and they hit us with the plague," Trump told CBS News' Catherine Herridge Tuesday. "Right now I’m not interested in talking to China about another deal,” he continued before adding, “I’m interested in doing other things with China.”
Trump signed off on the first part of the deal in January, but since then, U.S.-China relationships have frayed over the coronavirus pandemic, and Tuesday, he told Herridge that "you'll see" when she asked how he plans to hold the country's Communist Party accountable.
The Hong Kong Autonomy Act sanctions Chinese officials over a free speech crackdown. Trump also Tuesday, while signing an executive order to end special treatment for Hong Kong under U.S. law, said that "their rights have been taken away and with it goes Hong Kong, in my opinion, because it will no longer be able to compete with free markets."
Meanwhile, China and Iran are apparently forming an alliance and are in the final stages of negotiating a deal that would mean billions of dollars in investments for Tehran, with Beijing providing huge banking investments, reports The New York Post.
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