New US 10% global tariff will have ‘limited impact’ on Hong Kong: treasury chief

2026-02-21 - 06:26

The new 10 per cent global tariffs imposed by the United States will only have a “limited impact” on Hong Kong, the city’s treasury chief has said, adding that the move highlights the city’s strength as a safe haven for capital amid geopolitical uncertainty. The remarks followed US President Donald Trump’s announcement on Friday to impose a new round of tariffs on all trading partners, effective immediately, after the US Supreme Court ruling against his earlier sweeping emergency...