The trade dispute between Mainland China and the United States which began in 2018 appears to be on the mend, with the two sides having signed a phase-one agreement on 15 January 2020. However, some tariffs remain unchanged and the trade conflict continues to have implications for the global supply chain.
To help you keep up-to-date with the latest developments and available support and resources in order to make informed business decisions, below is some key information which could be of use for companies in Hong Kong or doing business with or through Hong Kong.
Please check in often for the latest updates and regulatory alerts, or subscribe to our weekly e-newsletter.
2) What are the major product categories affected by the implemented 301 tariffs?
3) What does this mean for Hong Kong trade?
4) How does this affect Hong Kong’s export performance?
5) How will this affect me?
The tariffs will basically affect all businesses, but to a greater extent those more involved in the trade of tariff-affected goods.
6) What can I do to cope with these US trade measures?
Hong Kong companies can consider several strategies:
7) What are the tariff measures from Mainland China?
8) Where can I seek further assistance?
The Hong Kong Special Administrative Region (HKSAR) Government and other organisations have offered extra support to Hong Kong companies, ranging from setting up a one-stop service platform, to enhancements to the funding schemes and credit-check services.
9) How can the Hong Kong Trade Development Council (HKTDC) help?
For more than 50 years, the HKTDC has been supporting Hong Kong companies in navigating the seas of global trade and grasping new business opportunities, and below are some aspects where we can help:
10) Where can I get further information?
Timely updates and reliable information are available from the following sources:
Latest articles on US trade are available through our Research portal
Note: The information provided is subject to change. You are advised to check with the original source of the information. The HKTDC does not bear responsibility for the information provided by third-party websites.