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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