Hong Kong Today Friday
Apr 11, 2025
Jamie Clark, a reporter for RTHK, dives into pressing topics affecting Hong Kong and the world. He discusses U.S. tariffs' impact on trade with China and highlights Hong Kong's proactive measures to support local businesses amidst turbulent global dynamics. The conversation also sheds light on escalating scams and the government's efforts to combat them. Additionally, Clark explores the role of AI in enhancing Hong Kong's fintech sector and the intersection of community challenges with global conflicts, revealing how activism plays a vital role.
AI Snips
Chapters
Transcript
Tariff Hike Impact
- Trump's tariff hike brings the universal rate on Chinese goods to 145%.
- China opposes the tariffs but is open to talks based on mutual respect.
Chan's Criticism
- Hong Kong's Financial Secretary Paul Chan criticizes US tariffs as wrong.
- He warns of a global trade disruption and potential regional trading blocs.
Diversification Advice
- Hong Kong trading firms should diversify away from the US due to tariffs.
- Kennedy Wong suggests exploring markets like ASEAN, Dubai, and Africa.