President Donald Trump made a tweet on Wednesday in a "personal meeting" with China's President Xi over the ongoing Hong Kong crisis as investors kept track of US-China trade tensions.
"I know President Xi of China very well," Trump tweeted. "He is a great leader who appreciates the respect of his people, he is also a good man in a & # 39; hard business & # 39 ;. I ZERO doubt that President Xi will solve the Hong Kong problem quickly and humanly Personal meeting? "
Hundreds of thousands of people in Hong Kong have been taking to the streets since the beginning of June Opposition to a bill that would allow people in Hong Kong to be extradited to mainland China. This proposal was suspended, but not completely withdrawn.
The demonstrations have become a movement demanding autonomy, full democracy and the overthrow of embattled leader Carrie Lam.
Beijing has responded that Hong Kong is facing the worst crisis since the transfer from the UK in 1
Trump also warned in another tweet that if China wants to make a trade deal, they should "humanly" respond to Hong Kong:
"Recently, the call to China was said to be good on the phone call, as they eat tariffs by devaluing their currency and "pouring" money into their system.The American consumer is doing well with or without a September date, but much good will come from the brief shift to December, which actually helps China more than us but is reciprocated – millions of jobs Thousands of companies are leaving China, thousands are leaving the company, of course, China wants to make a deal, let them work with Hong Kong first! "
This week, Trump decided to pay tariffs on certain Chinese goods move and at the same time delete some items from the customs list in order to avoid negative effects on the Christmas business season. The announcement The Dow rallied more than 300 points on Tuesday, and these gains were lost on Wednesday's big sell-off.
The postponement "helps China more than us, but is reciprocated," Trump said Wednesday.
– Grace Shao and Yun Li of CNBC have contributed to this report.