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Fortune
Fortune
Angelica Ang

China, the EU, and Singapore push back against the White House's new ‘Great Transshipment Scam’ report

(Credit: CN-STR—AFP via Getty Images)

Beijing is pushing back against U.S. accusations that several other economies, including several in Southeast Asia, are part of a “shadow transshipment network” that funnels Chinese-made goods to the U.S. while obscuring their country of origin.

On Thursday, the White House’s Office of Trade and Manufacturing Policy released a report titled “The Great Transshipment Scam,” which claimed that rerouting Chinese-made goods through a network of 40 different jurisdictions cost the U.S. as much as $303 billion.

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