In an interview with Bloomberg News, Michael Pillsbury discusses President Trump’s comments on Hong Kong-China relations, the U.S.-China trade negotiations, and the future of U.S.-Hong Kong relations.

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President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025, in Turnberry, Scotland. (Andrew Harnik via Getty Images)