China-US trade truce offers certainty, relief for Hong Kong exporters

Hong Kong exporters breathed a collective sigh of relief following the recent breakthrough in Sino-US trade talks, saying they could now focus on their business plans for the coming year. On Thursday, Chinese President Xi Jinping and US counterpart Donald Trump reached a consensus to dial down tensions and put on hold a number of thorny issues such as pausing tariffs for a year until August next year. With the truce, a 10 per cent so-called reciprocal tariffs the United States imposed on imports...