US ending special trade status threatens Hong Kong’s transhipment traffic

The latest skirmish in the US-China trade war could “accelerate the demise” of Hong Kong as a major transhipment port.
While the ‘phase one’ trade deal was signed in January, subsequent tit-for-tat blame rhetoric has steadily raised tensions between Washington and Beijing again.
Hong Kong is now firmly caught in the middle, with the US announcing on 29 May it would begin to rescind the territory’s special trade and customs privileges, due …

The post US ending special trade status threatens Hong Kong’s transhipment traffic appeared first on The Loadstar.

Source: The Loadstar

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