The dispute over Hong Kong could derail trade talks. China said on Monday that in response to the “unreasonable behavior” of the U.S., it would impose sanctions on several U.S.-based nongovernmental organizations and revoke port privileges for American warships visiting Hong Kong. “The Hong Kong situation is a lot worse for them than trade. After the Senate passed a bill to support Hong Kong protesters, China accused the U.S. of interfering in its domestic affairs. Wall Street investors are certainly more worried that contention over Hong Kong could derail trade negotiations completely.

Source: Forbes December 02, 2019 18:45 UTC