Hong Kong says US tariffs ignore its status as a separate customs territory
The US' imposition of 10% tariffs on goods from mainland China has far-reaching implications for Hong Kong's export economy. Hong Kong's Chamber of Commerce said businesses are prepared, even as the new levies threaten to disrupt global supply chains. Hong Kong has also expressed disapproval, saying that Washington's tariffs on its products ignores the fact that it is a separate customs territory that is recognised by the World Trade Organization. Mr Alejandro Reyes, adjunct professor for the Department of Politics and Public Administration at the University of Hong Kong, shared his thoughts on the issue.
The US' imposition of 10% tariffs on goods from mainland China has far-reaching implications for Hong Kong's export economy. Hong Kong's Chamber of Commerce said businesses are prepared, even as the new levies threaten to disrupt global supply chains. Hong Kong has also expressed disapproval, saying that Washington's tariffs on its products ignores the fact that it is a separate customs territory that is recognised by the World Trade Organization. Mr Alejandro Reyes, adjunct professor for the Department of Politics and Public Administration at the University of Hong Kong, shared his thoughts on the issue.