Hong Kong Gets Swept Up in Trump's Trade War With China [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
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Source: Yahoo! Finance
Alan Wong and Rebecca Choong Wilkins Fri, February 7, 2025 at 5:44 AM GMT+1 6 min read (Bloomberg) -- Donald Trump's new trade war is further blurring the lines between Hong Kong and Beijing, threatening to erode the city's main selling point as a global financial hub. Most Read from Bloomberg Citadel to Leave Namesake Chicago Tower as Employees Relocate NYC Sees Pedestrian Traffic Increase in Congestion-Pricing Zone Transportation Memos Favor Places With Higher Birth and Marriage Rates State Farm Seeks Emergency California Rate Hike After Fires How London's Taxi Drivers Navigate the City Without GPS When Trump slapped a 10% levy on China this week, that action for the first time also applied to Hong Kong goods, after the president in 2020 signed an executive order to remove the city's special privileges. One day later, the US Postal Service put a ban on incoming Chinese parcels that also swept up the commerce center, before reversing course hours later. Half wa
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