Hong Kong stocks sink to almost 2-week low as Trump’s tariffs stoke trade-war fears

Quick Summary:

US president reaffirms that tariffs on Chinese imports will double to 20 per cent as reprieve period for Canada and Mexico ends.

Meanwhile, Canada said that it was preparing retaliatory measures.

China will take countermeasures against the US tariffs to protect its own interests, according to a statement by the commerce ministry on Tuesday.

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Article Details

Author / Journalist: Zhang Shidong

Category: Business

Markets: Hong KongCanadaChinaMexico

Topics: Index Hang Tariff Maker Seng Cent Slid Retreated Shanghai Tariffs Holding

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-04 @ 10:19:18 (5 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 274 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 26653308

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