Lovely discusses Trump's Hong Kong policy in CNN article

June 23, 2020

CNN

Mary E. Lovely

Economics Department

China

Economic Policy

Trade

United States

CNN

Mary E. Lovely

"As a separate member of the World Trade Organization, Hong Kong's exports to the United States have enjoyed 'most favored nation' status -- subject only to tariffs offered to every other member," writes Professor Mary Lovely. "Revoking the city's special status will subject its exports to the high tariffs the president levied against China during his ongoing trade war," she says. "But this change will barely budge the status quo," she adds, "because Hong Kong's economy consists mostly of financial, logistical and other services, not manufactured goods." Her article, "Trump's removal of Hong Kong's special status hurts the US more than China," was published on CNN.com. 06/23/20