Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump’s planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but the blanket penalty approach may eliminate the competitive edge of producers in other Asian countries as well, experts have said. Trump on Thursday announced plans…

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Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Trump’s reciprocal tariff plan to hurt Hong Kong, mainland manufacturers: experts

Hong Kong and mainland Chinese manufacturers will be hit by Donald Trump’s planned reciprocal tariffs on all imports given the difficulty of replacing the United States market with alternatives, but the blanket penalty approach may eliminate the competitive edge of producers in other Asian countries as well, experts have said. Trump on Thursday announced plans…

Read More