How will Hong Kong be affected by the US-China trade war? | SCMP



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Based on the list of the US$34 billion worth of Chinese products, the Hong Kong government said about 17 per cent – or HK$60 billion (US$7.6 billion) worth – of Chinese exports in question passed through the city to the US, and about 9 per cent – HK$6 billion – of US exports came via the city on the way to mainland China. The exports in question accounted for 1.4 per cent of Hong Kong's overall trade.
Secretary for Commerce and Economic Development Edward Yau Tang-wah said the city's traders would be "the first to bear the brunt" of the trade war, and the latest round of tariffs that the US imposed on US$200 billion worth of Chinese goods would "hit Hong Kong harder".


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