White House to end US tariff exemption for all low-value overseas packages

Under Trump order, parcels valued at or under $800 outside of international postal network to face ‘all applicable duties’

The United States is suspending a “de minimis” exemption that allowed low-value commercial shipments to be shipped to the United States without facing tariffs, the White House said on Wednesday.

Under an executive order signed by Donald Trump on Wednesday, packages valued at or under $800 sent to the US outside of the international postal network will now face “all applicable duties” starting on 29 August, the White House said.

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HSBC boss says Rachel Reeves putting up bank taxes would harm UK growth

Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budget

The boss of HSBC has joined a growing chorus of bankers cautioning Rachel Reeves against increasing taxes on banks in her autumn budget, warning it risked “eroding” investment and ultimately harming UK growth.

Georges Elhedery, its chief executive, said banks in the UK were already subject to the highest level of taxes on profits compared with other sectors, and paid more than in most other countries. He said placing further financial pressures on lenders could spell trouble for the UK economy.

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Hong Kong issues arrest warrants for 19 activists based overseas

Authorities accuse activists linked to pro-democracy group Hong Kong Parliament of subversion

Hong Kong’s national security police have issued arrest warrants for 19 activists based overseas, accusing them of subversion under a stringent national security law, marking the largest such tally yet.

They are accused of organising or participating in the Hong Kong Parliament, a pro-democracy group that authorities in the Asian financial hub say intended to subvert state power, under the law Beijing imposed in 2020 after months of pro-democracy protests in 2019.

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Typhoon Wipha hits Hong Kong bringing on highest storm alert

Authorities axe flights and school classes as typhoon closes in, with China’s Hainan and Guangdong provinces also on high alert

Hong Kong issued its highest tropical cyclone warning as Typhoon Wipha battered the city, with authorities cancelling school classes and grounding hundreds of flights.

Wipha was located around 60km south-east of Hong Kong as of 10am on Sunday, according to the city’s weather observatory. Huge waves were spotted off the eastern coast of Hong Kong Island.

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Hong Kong teachers allegedly told to avoid US Independence Day events

Messages advise staff to also warn students off celebrations to avoid violating national security law

Teachers in Hong Kong have been warned to keep themselves and students away from any US Independence Day celebrations as they may breach national security laws, educators have alleged.

A text message purportedly sent by the principal of a Hong Kong school to staff said the education bureau’s regional education office had reminded them “to be careful about Independence Day activities organised by the US consulate in Hong Kong, and not to participate to avoid violating the national security law and Hong Kong laws”.

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Hong Kong police tell people not to download ‘secessionist’ mobile game

Players face possible arrest for downloading Taiwan-developed Reversed Front: Bonfire, which lets them ‘overthrow the communist regime’

Hong Kong police have warned people against downloading a Taiwan-developed mobile game which they say is “secessionist” and could lead to arrest.

The game, Reversed Front: Bonfire, allows users to “pledge allegiance” to various groups linked to locations that have been major flashpoints or targets for China including Taiwan, Hong Kong, Tibet, Uyghurs, Kazakhs and Manchuria, in order to “overthrow the communist regime” known as the “People’s Republic”.

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Jailed Hong Kong democracy activist Joshua Wong hit with new charges

Wong accused of conspiracy in move rights groups condemn as ‘outrageous’ attempt to keep influential dissident imprisoned

Jailed pro-democracy activist Joshua Wong has been hit with further national security charges, a move rights groups said showed the Hong Kong government was trying to keep dissidents behind bars for as long as possible.

Wong, a well-known activist who has been in jail for more than four years either awaiting trial or serving sentences, is accused of conspiracy to collude with a foreign country. He appeared in court on Friday to hear the charge and did not apply for bail.

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Hong Kong releases second group of democrats jailed for four years in national security trial

Among those freed was long-time political and LGBTQ activist Jimmy Sham, who also led one of Hong Kong’s largest pro-democracy groups

Four people jailed in the landmark national security trial of the “Hong Kong 47”, the pro-democracy figures accused of conspiracy to commit subversion, were freed on Friday after more than four years behind bars, the second group to be released in a month.

Among those freed was longtime political and LGBTQ activist Jimmy Sham, who also led one of Hong Kong’s largest pro-democracy groups, the Civil Human Rights Front, which disbanded in 2021.

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Shein turns to Hong Kong for flotation as London attempt stalls, reports say

Fast-fashion retailer struggling to gain go-ahead from Chinese regulators for UK listing

Shein is reportedly aiming to list on the Hong Kong stock exchange as the online fast-fashion retailer struggles to gain the go-ahead from Chinese regulators for a flotation in London.

The company, which was founded in China where the majority of its suppliers are based but now has its headquarters in Singapore, is aiming to file a draft prospectus with Hong Kong’s stock exchange in the coming weeks, according to Reuters.

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Hong Kong authorities trying to disrupt independent press with ‘strange’ tax audits

Inland revenue targets eight outlets, union, 20 journalists and their families with supposed ‘random’ checks

Hong Kong authorities have targeted journalists and media outlets with what are supposed to be “random” tax audits, in a move the industry union says adds pressure to waning press freedoms.

The head of the Hong Kong Journalists Association, Selina Cheng, detailed what she said were “strange” and “unreasonable” accusations by Hong Kong’s inland revenue department. Requests or audits were made against the association, at least eight independent media outlets, and at least 20 journalists and their family members, including Cheng and her parents, she said at a press conference on Wednesday.

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Former prisoners and hostages urge Starmer to secure release of Jimmy Lai

Call for UK PM to act urgently over pro-democracy campaigner who has spent 1,602 days in solitary confinement

Former prisoners and hostages wrongly held abroad have urged the UK prime minister to urgently secure the release of the pro-democracy campaigner Jimmy Lai before he dies in a Hong Kong jail.

The 77-year-old media mogul, who is a British citizen, has been held in solitary confinement for 1,602 days and his family fears he might not survive another summer in Hong Kong, where temperatures can reach 40C (104F).

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India tries to halt auction of Piprahwa gems found with Buddha’s remains

Ministers claim sale in Hong Kong is unlawful and are demanding repatriation of sacred relics buried in third-century BC

The Indian government has issued a legal notice to halt the “unethical” auction of ancient gem relics, which it said should be treated as the sacred body of the Buddha.

Its Ministry of Culture said the auction of the Piprahwa gems in Hong Kong this week “violates Indian and international laws, as well as United Nations conventions”, and demanded their repatriation to India “for preservation and religious veneration”.

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Rights groups condemn arrest of Hong Kong activist Anna Kwok’s father and brother

Arrests are the first case of the city’s national security law being used to target the relatives of pro-democracy campaigners

Human rights groups have condemned the arrest of relatives of Anna Kwok, an exiled pro-democracy activist who is wanted by the Hong Kong police, in the first example of the city’s national security law being used to target the family members of an activist living overseas.

Kwok, 28, is the executive director of the Washington-based Hong Kong Democracy Council, and is one of 19 overseas activists wanted by the national security police, who are offering bounties of HK$1m (£97,000) for information leading to arrest.

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Hong Kong halts postal service for US-bound goods over Trump’s ‘bullying’ tariffs

Post office says it ‘definitely’ won’t collect tariffs on Washington’s behalf and Hongkongers should prepare to pay exorbitant fees

Hong Kong Post said on Wednesday it had suspended goods mail services by sea to the US and will suspend its air mail postal service for items containing goods from 27 April due to “bullying” US tariffs.

When sending items to the US, people in Hong Kong “should be prepared to pay exorbitant and unreasonable fees due to the US’s unreasonable and bullying acts”, Hong Kong Post said in a statement.

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UK trade secretary to visit China with aim of reviving key joint trade commission

Jonathan Reynold’s trip suggests government will continue its rapprochement with Beijing despite security concerns

The trade secretary, Jonathan Reynolds, will travel to Beijing to revive a key trade dialogue with China despite saying it had been naive to allow Chinese investment in sensitive sectors, the Guardian has learned.

Reynolds is scheduled to travel to China later this year for high-level talks in an effort to boost bilateral trade and investment.

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Senior Labour figures call for review of Chinese investment in UK infrastructure

Government’s rapprochement with Beijing may risk national security in wake of British Steel crisis, party members say

Senior Labour figures have urged the government to review Chinese investment in UK infrastructure in the wake of theBritish Steel crisis, warning that a rapprochement with Beijing could risk national security.

Government officials insisted on Monday the country remained open to funding from Chinese companies even after a dramatic weekend during which ministers wrested control of the Scunthorpe steelmaking plant from the Chinese owners, Jingye.

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UK MP refused entry to Hong Kong accuses China of ‘hidden blacklist’

Wera Hobhouse says her apparent presence on secret list of critics of country’s human rights record made her a target

A Liberal Democrat MP refused entry to Hong Kong to see her young grandson has said her experience should be “a wake-up call for any parliamentarian”, given that it seems to show China holds a secret list of banned politicians.

Wera Hobhouse, who was turned back by officials on Thursday, said she was given no explanation as to why this happened, and could only assume that it was because she had spoken out about rights abuses by China.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Asian markets plunge further amid tariff fallout; Trump says ‘sometimes you have to take medicine’ – business live

Japan’s Nikkei 225 tumbles nearly 9% on Monday as Hong Kong’s Hang Seng down 8% and South Korea trading temporarily halted amid Trump tariff concerns

Hong Kong stocks have plummeted more than 9% at open, while Singapore stocks dropped over 7%, according to reports.

Hong Kong and Chinese stocks dived on Monday as markets around the world crumbled in the face of the widening global trade war and fears it will unleash a deep recession, Reuters says.

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Wong calls ‘reprehensible’ letter targeting Hong Kong activist in Australia a ‘threat to national sovereignty’

Ted Hui received letter offering reward for information about his family after China accused Australia of interfering with its internal affairs

The foreign affairs minister, Penny Wong, has described another threatening letter sent to an exiled Hong Kong dissident in Australia as “reprehensible”, a “threat to our national sovereignty” and “the safety and security of Australians”.

The anonymous letter, mailed from Hong Kong and sent to Ted Hui’s Adelaide office, offered his colleagues $203,000 for information on his whereabouts and his family. It arrived just days after China’s foreign ministry accused the Albanese government of interfering with its internal affairs.

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