Trump White House Accuses China of 'Great Transshipment Scam,' Says Tariff Evasion Costs US Up to $26 Billion a Year
White House accuses China of using more than 40 other countries to avoid tariffs, costing the US $19-26 billion annually.
The US government says China is sneaking goods through other countries to avoid taxes on imports, which costs America billions of dollars each year. This could change how companies buy things and which countries they trade with, so watch for new rules or tariff changes that might affect prices.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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