Chinese Firms Are Reportedly Using Shell Entities To Dodge Trump's Tariffs

JCB plans San Antonio factory expansion to dodge Trump’s tariffs

The U.K.-based heavy machinery manufacturer said the levies will impact its business in the short term.

Chinese Firms Are Reportedly Using Shell Entities To Dodge Trump's Tariffs

Chinese firms are reportedly using shell entities to circumvent the hefty tariffs imposed by the Trump administration. These shell importers, which are relatively easy to establish, could potentially hit the U.S. government’s revenue collection projections. What Happened: These shell entities, typically registered as limited liability companies (LLCs) in the U.S., are being utilized to dodge customs duties, according to a report by Nikkei Asia. …

Shell game: How China-linked front companies dodge U.S. tariffs

NEW YORK -- U.S. President Donald Trump's administration has claimed that his tariff policy will usher in a "golden age" for American manufacturing an

Tackling the U.S.-China tariff tug of war

By Jasmine Duan Since April 2, escalating trade tensions between the U.S. and China have led to successive rounds of reciprocal tariff hikes. The tit-for-tat actions peaked with the U.S. imposing 145 percent broad tariffs on Chinese goods, prompting China to retaliate with 125 percent tariffs on U.S. goods. However, late last week, the U.S. announced reciprocal tariff exemptions for some key product categories, including smartphones, computers,…