Trump tariffs

Pence suggests Hong Kong clampdown could prevent China trade deal

Trucks and armoured personnel vehicles mass across the border from Hong Kong, in Shenzhen. Photo: Getty Images

Vice President Mike Pence said Monday that the U.S. would not make a deal to end its trade dispute with China if Beijing fails to "honor its commitments" to Hong Kong, Reuters reports.

The big picture: The remark comes a day after President Trump said it would "be very hard to deal if they do violence [in Hong Kong]. ... I mean if it's another Tiananmen Square, I think it's a very hard thing to do." Trump's economic advisers had previously insisted they were treating the trade dispute as a separate issue from other concerns, like human rights.

Massive companies won't pull out of China

Illustration: Lazaro Gamio/Axios

A top executive of a U.S.-based multinational is pushing back hotly against a White House official's assertion that companies are preparing to pull production out of China as part of President Trump's squeeze there.

The state of play: On ABC's "This Week," White House trade adviser Peter Navarro said that during an Oval Office meeting with a group of executives, "We heard from these business leaders: ... 'Just give us some time to December 15th. And, by the way, we are taking all of our sourcing production facilities out of China, and we will continue to do that.'"