CROSBY Research – Xin Point (1571 HK/ NR): Warnings on the impact of US tariff

22 April 2025

Since the President Trump’s second presidency has initiated, a series of steep and aggressive trade measures was introduced. The ongoing trade war with China was further escalated as China also impose reciprocal tariff in retaliation. On 9^th April, the US’s 145% tariff on Chinese goods came into effect, along with a range of additional duties on other global trade partners.