Trump’s tariffs unlikely to reach 60%, boosting Hong Kong, China stock markets: analysts

A whopping 60 per cent tariff proposed by US president-elect Donald Trump on Chinese exports could be much lower, easing the impact on corporate earnings and stock markets in Hong Kong on the mainland, according to analysts.

Pictet Wealth Management predicted US tariffs on Chinese goods will rise to 20 per cent, while BNP Paribas said they would be capped at 25 per cent.