Dear Madam Speaker: (Dear Mr. President:)Pursuant to the International Emergency Economic Powers Act (IEEPA) (50 U.S.C. 1701 et seq.) and the National Emergencies Act (50 U.S.C. 1601 et seq.), I hereby report I have issued an Executive Order (the âorderâ) that declares a national emergency with respect to the recent actions taken by the Peopleâs Republic of China to fundamentally undermine Hong Kongâs autonomy. The order further declares that Hong Kong is no longer sufficiently autonomous to justify differential treatment in relation to the Peopleâs Republic of China under the U.S.