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International Business Times
International Business Times
World

Trump Targets Tariff Evasion, With Eye On China

US President Donald Trump's upcoming wave of tariffs contains a clause targeting goods shipped through third countries to evade higher duties (Credit: AFP)

As the United States ramps up tariffs on major trading partners globally, President Donald Trump is also disrupting strategies that could be used -- by Chinese companies or others -- to circumvent them.

Goods deemed to be "transshipped," or sent through a third country with lower export levies, will face an additional 40-percent duty under an incoming wave of Trump tariffs Thursday.

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