US EditionTrade Crime Is Soaring, U.S. Firms Say, as Trump’s Tariffs Incentivize Fraud
- U.S. Firms report soaring trade fraud in 2025 as President Trump's tariffs increase sharply, mainly targeting Chinese imports.
- The surge in illicit activity stems from staggeringly high tariffs on Chinese goods, up to 145%, while neighboring countries face much lower rates.
- Importers face schemes such as misdeclaring values, misclassifying items, and rerouting products through third countries to evade tariffs illegally.
- Customs and Border Protection detected over $630 million of duty evasion in one week, while some shipping companies promote tariff avoidance on TikTok and emails.
- This widespread fraud threatens honest businesses and government revenue, suggesting enforcement may struggle to keep up without stronger action.
14 Articles
14 Articles
Expert says US economy remains solid despite concerns over Trump tariffs * WorldNetDaily * by WND Staff
May 27, 2025: 11:57 p.m.: Expert says US economy remains solid despite concerns over Trump tariffs US economy is 'solid' despite Trump tariff worries, expert says | https://t.co/x2ZRMNvFQP @MorningsMaria @FoxBusiness — Maria Bartiromo (@MariaBartiromo) May 27, 2025
Trump’s Reciprocal Tariffs ‘Push’ the BMV and Reach Historic Peak
Mexican actions reached a historic peak on Tuesday, driven by a post-Liberation Day rebound and extending a broader recovery of Latin American equity income. Mexico's relatively free exit from President Donald Trump's reciprocal tariffs has been a favorable factor. Mexican President Claudia Sheinbaum recently highlighted Mexico's preferential treatment in the negotiations and expressed confidence in the working relationship with United States of…
American Firms Targeted with Proposals to Evade Trump's Tariffs - Real News Now
American firms have reported an increase of proposals to evade global tariffs imposed by President Trump. The proposals, coming from international shipping companies (many originating from China), offer methods to bypass these new taxes. Consequently, U.S. businesses have highlighted the limitations in governmental processes to tackle the escalating issue of trade fraud. The American administration’s struggle to counter Chinese companies involve…
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