The US Treasury announced on the 17th that it will resume preferential economic and other treatment for Hong Kong. This will separate Hong Kong from mainland China in trade areas such as export controls. Former President Trump, during his first term in 2020, signed an executive order suspending preferential treatment for Hong Kong, citing insufficient autonomy following the enactment of the Hong Kong national security law. That executive order had been renewed annually, but it expired on the 14th of this month, and the previous measures are expected to be reinstated.