Donald Trump

With the US election less than 90 days away, Trump is making his challenge of China a central theme of his campaign, where he trails Democrat Joe Biden in the polls.

It would be unprecedented, based on recent history, for the US government to collect a cut of a transaction involving companies in which it doesn’t hold a stake.

Trump said late Friday (July 31) he plans to ban TikTok from the U.S. following concerns about data collection by the popular app, and suggested a move could come as soon as Saturday.

The idea of striking against the Hong Kong dollar peg -- perhaps by limiting the ability of Hong Kong banks to buy US dollars -- has been raised as part of broader discussions among advisers to Secretary of State Michael Pompeo.

The legislation has been a high priority for members of both parties, who’ve been joining forces on measures to pressure the government in Beijing on trade and human rights.

A Biden presidency could see the US strengthen US alliances to get tough on China.

More Chinese firms set to list in Hong Kong this year due to tightened measures.

There, in a nutshell, is Trump’s modus operandi: he is not just a liar but a fabulist, seemingly unconcerned with whether his fictions will be exposed. If they are, the world simply moves on as he invents fresh distractions.

Hong Kong stocks headed for their best day in more than two months, after President Donald Trump’s response to China for its crackdown on Hong Kong stopped short of fully escalating tensions between the two nations.

Hong Kong told the United States to keep out of the internal debate over new national security laws being imposed by China, and warned that withdrawal of the financial hub’s special status under US law could backfire on the US economy.