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[BUSINESS] · United States, China, Mexico, Canada, Japan · 3 sources

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White House reports $19B-$26B in annual tariff losses due to transshipment scam

The White House has released a report detailing what it calls the ‘Great Transshipment Scam,’ alleging that exporters are using approximately 40 countries to reroute goods and evade US tariffs. The report claims that these practices, which involve minimal processing or repackaging in third-party nations, primarily benefit China by allowing products to enter the US market at lower tariff rates.

Estimates regarding the scale of this activity vary significantly. The White House central case assumes $75 billion in transshipped goods annually, resulting in an estimated $19 billion to $26 billion in lost tariff revenue. However, other estimates cited in the report range from $34 billion to as high as $303 billion in total transshipped value. The report also suggests these practices result in $19 billion to $26 billion in lost federal tax receipts due to decreased domestic economic activity.

In response, U.S. Customs and Border Protection is deploying artificial intelligence tools, including a system referred to as ‘Detective Border,’ to analyze container markings and X-ray imagery to detect discrepancies. The Chinese Embassy in Washington has expressed opposition to the measures, stating that trade wars have no winners and that unilateral actions should not harm third-party interests.

Entities

China · Peter Navarro · U.S. Customs and Border Protection · United States · White House

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