US Accuses 9 Latin American Countries of Helping China Avoid Trump's Tariffs
The United States released a report accusing 9 Latin American countries of facilitating the movement of Chinese goods through third nations to evade US tariffs. The report names Mexico, Panama, and Colombia as countries that have taken actions against Chinese commercial interests. The accusation highlights a significant economic strategy by China to circumvent higher levies, with the US claiming tens of billions of dollars in annual revenue lost due to transshipments.
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White House report claims tens of billions of dollars in annual revenue lost to transshipments.
A new US report said China had moved goods through nations with lower tariffs to dodge higher levies.
Three Latin American governments that moved against Chinese commercial interests over the past year were named in a White House report on Thursday, which accused Chinese exporters of routing goods through third countries to evade US tariffs. Mexico, Panama and Colombia now join Brazil, Argentina, Chile, Peru, Costa Rica and the Dominican Republic among more than 40 countries the report says carry elevated risk of illegal transshipment, the practice of moving goods through an intermediate country...