Search ForexCrunch

“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.