Source: Reuters News Agency
1 month ago•
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White House says transshipped goods cost $19 billion to $26 billion in lost tariffs

White House says transshipped goods cost $19 billion to $26 billion in lost tariffs

The White House on Thursday said in a report the U.S. is losing some $19 billion to $26 billion in annual tariff revenue ​to goods, largely from China, that are transshipped through third ‌countries to avoid U.S. import duties.
Source: Reuters
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