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Hong Kong businesses take Trump’s latest tariff surprise in stride

South China Morning PostEN 1 min read 100% complete by Ng Kang-chungFebruary 23, 2026 at 03:01 PM
Hong Kong businesses take Trump’s latest tariff surprise in stride
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Hong Kong businesses are responding calmly to US President Donald Trump's new 15% global tariff, implemented after the Supreme Court struck down previous tariffs. The Hong Kong business sector believes the impact will be limited, as businesses have already become more conservative in dealing with the US and are diversifying markets and supply chains. Jimmy Ng Wing-ka, representing the Chinese Manufacturers’ Association of Hong Kong, stated that Trump's actions undermine confidence in American investment and trade. While acknowledging the potential for trade war escalation, Ng advises against excessive pessimism, citing Trump's unpredictability and urging businesses to adapt to changes. The new tariff, a 10% uniform levy on all countries, is set to last for 150 days.

Key Entities & Roles

Key Player Opposition Context
Trade War 30% US Supreme Court 40% Chinese Manufacturers’ Association of Hong Kong 50% Jimmy Ng Wing-ka ×260% United States ×270% Hong Kong ×380% Donald Trump ×590%

Keywords

tariffs 80% trade war 70% hong kong 60% us-china trade 50% supreme court ruling 40% global economy 40%

Sentiment Analysis

Neutral
Score: 0.10

Source Transparency

Source
South China Morning Post
Classification Confidence
90%

This article was automatically classified using rule-based analysis.

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