Canada tariff to 35% as US announces new levies for dozens of countries
9 months ago
- #transshipping
- #trade
- #tariffs
- Exporters evading tariffs via transshipping will face higher duties.
- Trump's executive order targets transshipping—sending products to third countries before final destination to avoid tariffs.
- Goods identified as transshipped by CBP will incur a 40% duty, replacing existing tariffs.
- CBP has previously penalized companies for transshipping goods from China to avoid higher tariffs.