Hong Kong Today Wednesday
Jul 9, 2025
Recent shifts in U.S. trade policy, like the 50% copper tariff, are sparking concerns about broader impacts on pharmaceuticals and semiconductors. Meanwhile, Hong Kong is tackling environmental issues with delayed waste charging initiatives and ambitious infrastructure projects to boost connectivity. The University of Hong Kong is now launching a multidisciplinary Biomedical Engineering school, responding to healthcare needs. Cultural attitudes towards real estate are also explored, especially regarding properties linked to tragic events and the rituals to cleanse them.
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Trump Expands Trade Tariffs
- Donald Trump announced a 50% tariff on copper imports, expanding the U.S. trade war.
- He plans additional levies on pharmaceuticals and semiconductors, aiming to boost domestic production.
US Tariffs Rattle Allies
- The U.S. imposed 25% tariffs on Japanese and South Korean goods, causing regional trade tension.
- Both countries continue talks but resist making easy concessions to protect their industries.
HK Delays Waste Charging Scheme
- Hong Kong's waste charging scheme is postponed indefinitely to have more public consultation.
- Disposable plastic bans continue with voluntary pilot schemes for alternatives in the industry.