For full features, visit non-AMP version
Switch
Malaysia Feed
EN MS AR
Home Uncategorized Trump’s 40pc tariff targets transshipped goods, with China squarely in the crosshairs
Uncategorized

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

Malay Mail
9

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.

Read the original article

This article has been processed for multi-language support.

Visit Source

Related Articles

Penang targets diners and eateries in smoking crackdown, 2,647 fines issued so far

Malay Mail

Malaysian girl group DOLLA joins K-pop’s KIIRAS for crossover dance challenges (VIDEO)

Malay Mail

Kick it out: Transphobia, sexism rise in UK football; fans demand red card for hate

Malay Mail

Serie A footballers to face 25pc pay cut if relegated under new deal, starting from Sept 

Malay Mail