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Founder & Head of Research, Fortress Hill Advisors

Alex Ng

Founder & Head of Research

Fortress Hill Advisors

Founded in Hong Kong in 2019, Fortress Hill Advisor seeks to provide premium economic and financial researches.

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<ul>
<li>We see the review of the phase 1 U.S./China trade deal being adverse and President Trump’s carrot and stick approach leading to a 10% rise in tariffs on China imports. </li>
<li>We eventually see a phase 2 U.S./China trade deal Q4. The main alternative scenario is that China could show goodwill to resolve illegal Fentanyl movements from China to the U.S.   </li>
<li>Coupled with the Tik Tok sale, This can lead to spring hopes that a phase 2 U.S./China trade deal can be reached and a more full-scale trade will be avoided.  </li>
</ul>


We see the review of the phase 1 U.S./China trade deal being adverse and President Trump’s carrot and stick approach leading to a 10% rise in tariffs on China imports. 
We eventually see a phase 2 U.S./China trade deal Q4. The main alternative scenario is that China could show goodwill to resolve illegal Fentanyl movements from China to the U.S.   
Coupled with the Tik Tok sale, This can lead to spring hopes that a phase 2 U.S./China trade deal can be reached and a more full-scale trade will be avoided.  


Is Trade War or Trade Deal More Likely for US-China Trade Relation