U.S. considering suspending Hong Kong's special tariff rates-sources

U.S. considering suspending Hong Kong's special tariff rates-sources
  • Country:
  • United States

The Trump administration is considering suspending Hong Kong's preferential tariffs rates for exports to the United States as part of its response to China's plan to impose national security laws on the former British colony, people familiar with the matter said on Wednesday.

Such a move, following U.S. Secretary of State Mike Pompeo's declaration that Hong Kong was no longer autonomous enough from China to merit special trade treatment, could put Hong Kong's goods under the same tariffs that President Donald Trump has slapped on exports from the Chinese mainland, the sources said. (Reporting By Matt Spetalnick, Editing by Franklin Paul)

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