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Today News – Hong Kong exporters ‘face 25 per cent fall’ in US orders over trade war

December 8, 2018

Today News – Hong Kong exporters ‘face 25 per cent fall’ in US orders over trade war

Hong Kong firms exporting to the United States face a drop in business of at least 25 per cent in the first quarter of 2019 due to the US-China trade war. That was the prediction made on Saturday by Danny Lau Tat-pong, honorary chairman of the Hong Kong Small and Medium Enterprises Association. His pessimistic forecast came a week after President Xi Jinping and his US counterpart Donald Trump agreed to hold back from applying extra tariffs in January to pave the way for a trade deal. Lau said on…

Source: http://c.newsnow.co.uk/A/2/965851134?-42097:28482

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