Rising geopolitical tensions between China and the United States are casting a shadow over Macau’s economic prospects for 2025, as experts caution that retaliatory tariff measures are likely to have indirect but far-reaching consequences for the city’s tourism and gaming sectors. Trade Conflict Clouds Economic Confidence The latest round of tit-for-tat trade measures has seen China impose tariffs of up to 84% on US imports, prompting US President Donald Trump to respond with an even steeper 125% tariff on goods from China. While Macau’s direct trade with the US is minimal—imports amounted to just over MOP$7 billion last year and exports around MOP$300 million—analysts say the ripple effects are likely to be felt through reduced consumer confidence in mainland China and Hong Kong, Macau’s main tourism markets. Lau Pun Lap, President of the Macau Economic Association, highlighted this risk, stating, “Although Macau would not be directly affected by the tariff… Read More
Category: News
Source: Casino News Daily
