US accuses 40+ countries of helping China dodge tariffs via global transshipment network

1 min read
Source: The Hill
US accuses 40+ countries of helping China dodge tariffs via global transshipment network
Photo: The Hill
TL;DR Summary

The White House released a report accusing more than 40 countries of routing Chinese goods through third countries to evade U.S. tariffs, a practice the administration says has cost the United States billions in lost revenue; a Commerce Department analysis estimates about $28 billion in tariff revenue was lost last year due to transshipments, and Washington is pursuing an AI system to detect such evasion ahead of President Xi Jinping's U.S. visit.

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