MacroLive Wire · AI-collected

US Says Dozens of Countries Helped China Dodge Trump's Tariffs

3-line summary

  • The White House said in a report that more than 40 countries, including Canada, India, Mexico, Japan and South Korea, helped China sidestep US tariffs by routing exports through nations facing lower American import duties.
  • According to estimates cited in the report, between $30 billion and roughly $300 billion in goods have been moved through this transshipping practice; the report comes weeks before Trump is due to meet Chinese leader Xi Jinping in Washington.

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