Reported about 13 hours ago
U.S. businesses are urging Congress to implement tougher legislation to combat tariff evasion by Chinese importers who bypass duties by routing goods through third countries. Executives from various industries highlighted the financial losses they've endured due to these practices and expressed concerns over the lack of enforcement that allows Chinese firms to exploit loopholes. They support a bipartisan bill aimed at enhancing prosecutions for trade violations, emphasizing the need for serious penalties beyond fines to protect American industries.
Source: YAHOO