Singapore, Together with China & EU, Pushes Back Against US' 'Transshipment Scam’ Accusations
6 Articles
6 Articles
America’s Trading Partners Question White House Allegations of ‘Great Transshipment Scam’
According to the report, China represents the nucleus of the transshipment issue—an assertion China’s Commerce Ministry said Thursday "disregards facts and distorts the truth.”
The said Washington report argues that Beijing conceals the real origin of its products by doing so in third countries to benefit from the most favourable trading conditions these territories have with the US.
CHOCHILINO US says dozens of countries helped China dodge Trump's tariffs %
The White House said in a report on Thursday that more than 40 countries had helped China sidestep US tariffs by routing exports through nations that face lower American import duties. The countries named include Canada, India, Mexico, Japan and South Korea, which the White House said had helped China evade tens of billions of dollars in tariffs, which are levied on companies importing goods. White House trade adviser Peter Navarro said it had c…
China rejected the US report accusing the Asian country of using the transshipment of goods through third countries to avoid tariffs, considering it to be a “false narrative” that distorts the reality of international trade. China’s Ministry of Trade spokesman, He Yadong, stated that the document presented by the White House ignores the facts and erroneously classifies normal trade and investment practices as fraud. The official accused the Unit…
China's Trade Ministry spokesman, He Yadong, today rejected U.S. allegations about an alleged scheme of illicit trans-shipment of goods and defended normal international trade.
Singapore, together with China & EU, pushes back against US' 'Transshipment Scam’ accusations
SINGAPORE: After the White House published a report earlier this month saying that China, along with 40 other economies, had been aiding in getting Chinese goods to the US while avoiding U.S. tariffs, China, Singapore, and the European Union rejected these accusations. The report, titled “The Great Transshipment Scam,” claims that products made in China have been at times sent through other countries before they reached the US, which made it app…
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