“What China is doing in Hong Kong is very disturbing,” White House economic adviser Larry Kudlow told Fox News on Tuesday but added that the US-China trade deal was intact for the moment.
“China is making a big mistake with its moves in relation to Hong Kong,” Kudlow added. “We will do what we can to help US companies move back from China and/or Hong Kong.”
Market reaction
These comments don’t seem to be having a significant impact on market sentiment. As of writing, the Dow Jones Industrial Average and the S&P 500 were up 2.4% and 2.2%, respectively.
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