Trump's Trade Strategy Targets Transshipping Loopholes

Reported about 18 hours ago

President Trump is focusing on the issue of transshipping as part of his trade policy, particularly through a recent deal with Vietnam that imposes higher tariffs on products with Chinese content. This strategy aims to close loopholes that allow Chinese shippers to evade tariffs by rerouting goods through other countries. The administration is redefining the parameters around transshipping, potentially impacting a wide range of international trade relationships and complicating customs laws.

Source: YAHOO

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