8/19/2020

HONG KONG/STOCK MARKET: “We essentially subsidized Hong Kong by giving them all sorts of incentives. And that’s what made Hong Kong — the exchange and business in Hong Kong — successful. I’ve taken it all back. That means that the United States is going to do a lot more business. You know, we — we — we really gave them tremendous incentive and subsidy in order that they be successful for freedom.

But now that the freedom obviously seems to have been taken away, we will keep all of the incentives that we were giving them, which is billions and billions of dollars. And all of that business will come into our country, including the New York Stock Exchange and NASDAQ. And it’ll all come here.”

-Donald Trump, “Remarks by President Trump in Press Briefing | August 19, 2020,” whitehouse.gov, Aug. 19, 2020