Financial news
Written by: Yue Yueting
2019-12-16 17:44
Last updated: 2019-12-16 17:45Under the haze of the Sino-U.S. Trade war, Hong Kong's import and export trade has been greatly affected in recent months. The Hong Kong Maritime and Ports Administration announced that the container throughput of Hong Kong ports fell by 7.4% year-on-year in November, and fell for 22 consecutive months, a decline more than the 4.1 in October %expand.
On Friday (13th), China and the United States reached an agreement on the first phase of the trade agreement. The United States will maintain a 25% tax rate on about 250 billion US dollars of Chinese imports and agree to reduce the tariff on 120 billion US dollars from 15%. To 7.5%, involving commodities including toys, mobile phones and clothing.
China has decided to levy tariffs on some imported products originally originating in the United States starting at 12:01 on December 15th. No 10% and 5% tariffs will be imposed for the time being. Cars and parts originating in the United States will continue to be levied. Suspended tariffs.
China's import and export in November changed from falling to rising trade surplus exceeds 270 billion yuan
[Sino-US trade talks] Lighthizer: US exports to China will double in two years
[Financial highlights] Japan ’s largest egg export market is actually 90% of Hong Kong ’s export volume
Import and Export DataHong Kong ExportersHong Kong Economy