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20 May 2025
Chinese exporters are offering sweet deals to U.S. businesses. They often come wrapped in fraud
Summary: Chinese exporters are offering U.S. businesses deals that include paying all import duties, often through under-invoicing and mislabeling shipments. These shipments are routed through shell companies that default on tariffs, allowing the cycle to repeat. While this tactic is not new, it has gained momentum with the imposition of new tariffs by U.S. President Donald Trump, posing risks for American buyers and challenging U.S. Customs and Border Protection’s enforcement efforts.
Link: https://www.cnbc.com/2025/05/20/china-us-exporters-undervalue-cargo-dodge-us-tariffs-.html