BREAKING: President Trump said he signed legislation to impose sanctions on China in response to its interference with Hong Kong’s autonomy, adding that he signed an executive order ending the preferential treatment that Hong Kong has long enjoyed.
The world's two largest economies are also struggling to mend trade relations, with intellectual property theft proving to be a major sticking point.
Biden's "entire career has been a gift to the Chinese Communist Party," Trump said, adding that "it's been devastating for the American worker." Biden's campaign did not immediately respond to CNBC's request for comment on the president's attacks. The pandemic has killed more than half a million people worldwide and wrought havoc on the global economy, with leaders at every level of government imposing extreme measures to try to slow the spread of the disease. The United States has reported more deaths and infections from Covid-19 than any other nation, and a recent surge of new cases in numerous states suggests the crisis is far from over.
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