Since March, Trump’s tariff war launched an all-out effort, and he imposed additional tariffs on goods from Canada, Mexico, and China, which triggered strong countermeasures in response. Trump hopes to use tariffs policies to claim back US$1 trillion per year from the trading partners. However, the black Monday on March 10, the day when the US stock market took a nosedive and caused its market value to lose US$3.7 trillion. The US stock market plummeted, forcing funds to flee from US capital market.
Trump did not seem to worry about this bloody day of the stock market, so he will continue to increase tariffs on goods from European Union and Southeast Asian countries in near future. Indeed, the tariff war’s negative impact is bound to hit stock markets and global economies again. Due to the overseas investment funds rushing to Hong Kong, the Hang Seng index has been rising constantly. However, due to the 45% tariffs imposing on China's goods to the United States, 
the China A-share market rally was limited.
The CK Asset Holdings, the major company of Li Ka-Shing’s family, sold most shares of holding company of the Central Center at a high price of HK$ 40.2 billion eight years ago. Since then, the market value of commercial building properties has been falling. Recently, the Li family’s CK Hutchison Holdings sold its interests in forty-three ports around the world at a high price, cashing in HK$ 150 billion. Li Ka-Shing family sold core business in chaotic business sentiment; it is completely to reveal the investment market will face a strong headwind ahead.
The sales records in the first-hand property market in Hong Kong has been improving recently. The first two rounds of sales records for new projects performed well, but the third round of sales would obviously weaken. As for the second-hand market, the transaction volume does not rebound, and the transaction prices per square foot keep falling down. In this scenario, the first-hand property sales prices will still be set to close the market price, and the upside room is limited, so it is only suitable for users with abundant liquid assets to enter the market.
If an ordinary person is worried about the negative effect of the war on tariffs, it is best to hold more cash. Since the beginning of this year, the trend of bankruptcies in retail & catering industry has been evolving into a phenomenon. At present, the business environment is persistently severe. Therefore, a general citizen must be conservative to defend life and save money, which is the general principle for survival.
