Home News Industry News Trade War Update: China Subverts Tariffs, Trade Gap Gets Wider

Trade War Update: China Subverts Tariffs, Trade Gap Gets Wider

Chinese exporters (and likey their American counterparts) have figured out a way for some items to skirt tariffs.

U.S. Customs and Border Protection determined last week that Chinese hardwood plywood is circumventing lumber tariffs by using Vietnam , Panjiva Research pointed out on Monday. The end-around is expected to have begun when duties were applied to certain types of lumber worldwide back in January.

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Source: Forbes

 
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