{"id":142034,"date":"2025-12-09T12:00:17","date_gmt":"2025-12-09T12:00:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=142034"},"modified":"2025-12-09T12:00:17","modified_gmt":"2025-12-09T12:00:17","slug":"supply-chain-guru-victor-fung-warns-of-20-tax-as-tariffs-reshape-global-trade","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=142034","title":{"rendered":"Supply chain guru Victor Fung warns of \u201820% tax\u2019 as tariffs reshape global trade"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostHong Kong tycoon Victor Fung Kwok-king former chairman of supply chain management conglomerate Fung Group, warned on Tuesday that consumers around the world will ultimately bear the cost of a de facto 20 per cent tariff in global trade.<br \/>\nSpeaking at the Global Supply Chain Business Summit 2025 held by the Hong Kong University of Science and Technology\u2019s Li &amp; Fung Supply Chain Institute, the 80-year-old said the global trading environment was converging towards an average tariff rate of about 20&#8230;<a href=\"https:\/\/www.scmp.com\/news\/china\/article\/3335788\/supply-chain-guru-victor-fung-warns-20-tax-tariffs-reshape-global-trade?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostHong Kong tycoon Victor Fung Kwok-king former chairman of supply chain management conglomerate Fung Group, warned on Tuesday that consumers around the world will&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/142034"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=142034"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/142034\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=142034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=142034"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=142034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}