Trump Aides Weigh Proposals to Undermine Hong Kong’s Dollar Peg

The video discusses the US's potential responses to China's national security law in Hong Kong, including ending the extradition treaty and breaking the currency peg. It also covers TikTok's challenges in the US, its efforts to distance from ByteDance, and its strategic exit from the Hong Kong market to protect its image and user data.

What is one of the potential actions the US is considering in response to China's national security law in Hong Kong?

• Closing the US embassy in Hong Kong

• Imposing travel bans on Chinese officials

• Ending the Hong Kong-US extradition treaty

• Increasing trade tariffs

Why is breaking the Hong Kong dollar-US dollar peg considered challenging?

• It would require international approval

• It is technically difficult and could destabilize US assets

• It would lead to a global financial crisis

• It is opposed by the Chinese government

What is one reason President Trump is considering a ban on TikTok in the US?

• Pressure from European allies

• TikTok's declining popularity

• Concerns over its Chinese ownership

• TikTok's refusal to pay US taxes

What step has TikTok taken to distance itself from its parent company ByteDance?

• Moved its headquarters to Europe

• Partnered with a US tech company

• Hired Disney executive Kevin Mayer as CEO

• Stopped operations in China

Why is TikTok's exit from the Hong Kong market considered a strategic move?

• To avoid being seen as a purely Chinese company

• To reduce operational costs

• To focus on the European market

• To comply with new US regulations