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If carried out, these tariffs could disrupt world wide trade flows and accelerate trade diversion procedures, perhaps impacting Hong Kong’s export pursuits above the subsequent 12 months.

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In combination with the overall assumption amongst Hong Kong exporters that any knock-on implications may well only be small, on the other hand, Additionally, there are indicators that Mainland China’s All round degree of trade has not been unduly constricted by past tariff preparations. In fact, Regardless that two-thirds of Mainland Chinese exports into the US are subject to tariffs because 2018, Mainland China’s international export share has actually risen from twelve.

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Fifty-six percent in the surveyed respondents rated Hong Kong’s international competitiveness as superior, even though 31 % ranked the city’s tax program as the biggest optimistic contributor to the town’s financial and business enterprise ecosystem in 2025.