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Transshipping

All articles tagged with #transshipping

business2 hours ago•7 min saved

White House: Global transit network shields China from U.S. tariffs

The White House says more than 40 countries helped China sidestep U.S. tariffs by routing exports through lower‑duty nations via transshipping, potentially costing American jobs and billions in revenue; China rejects the claims and says trade wars have no winners. The report also notes the use of AI tools to detect such schemes and comes ahead of a Trump–Xi meeting.

via BBC|

#ai-tools #business #global-trade

business1 year ago•4 min saved

U.S.-Vietnam Trade Deal Signals Shifts in Global Tariff Strategies

The U.S.-Vietnam trade agreement, which reduces tariffs to 20% from 46%, highlights ongoing trade tensions and suggests that tariffs may increase for other countries, especially in emerging markets like Thailand and Malaysia, while complicating negotiations with the EU. The deal also introduces a 40% duty on transshipped goods, reflecting concerns over trade practices like transshipping, and indicates a potential wave of similar agreements in the near future.

via CNBC|

#business #emerging-markets #tariffs