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US Report Alleges Transshipment of Chinese Goods to Avoid Tariffs

China

A new US government report indicates that China utilized third-party nations to circumvent tariffs imposed during the Trump administration. The report details how Chinese goods were routed through countries with lower tariff rates to avoid higher levies. This practice, known as transshipment, allowed products to enter the US market while bypassing established trade barriers. Monitor for potential US policy adjustments or increased enforcement actions regarding trade origin documentation.

Source: BBC Business

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