Trump’s 40pc tariff targets transshipped goods, with China squarely in the crosshairs

AI Summary

President Trump is implementing new tariffs targeting transshipped goods, aiming to prevent companies from circumventing existing tariffs by routing products through third countries. A 40% duty will be added to goods suspected of transshipment, impacting numerous countries but particularly targeting China. This move is seen as both a short-term tactic to strengthen the current tariff regime and a long-term strategy to reduce reliance on Chinese supply chains amid ongoing trade tensions.