US-China trade war puts Hong Kong at risk, city’s commerce secretary says

Speaking to the Washington-based Atlantic Council, Edward Yau Tang-wah, Secretary for Commerce and Economic Development, said Hong Kong was caught in the crossfire in the trade war between Washington and Beijing.

The trip to meet US Secretary of Commerce Wilbur Ross and other administration officials on Tuesday has two aims: convince the Trump administration to help spare the city from possible collateral damage from the trade war and promote business ties with the US amid soaring uncertainties.

In 2017, total trade in goods and services between the US and Hong Kong was close to US$70 billion, according to the city government. The US was Hong Kong’s second-largest goods trading partner, while Hong Kong ranked ninth-largest among destinations for US exports.

(SCMP)