Author Topic: 18,927 Ways Chinese Exporters Dodge US Tariffs  (Read 751 times)

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Offline endicom

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18,927 Ways Chinese Exporters Dodge US Tariffs
« on: October 09, 2018, 12:13:51 pm »
Zero Hedge
Tyler Durden
Oct. 8, 2018

Always an industrious people when it comes to maximizing profit and cash flow, especially if it means breaking the law, it didn't take long for Chinese exporters to find a way to dodge hundreds of billions in US tariffs. Take the case of David Visse, a wood importers from Oregon, who this past June got a call from a supplier asking if he would like to get some Chinese plywood tariff-free. "How would that work", asked importer David Visse. The products carry an identification code that is checked by U.S. Customs agents.

"Don’t worry about it,” the supplier said. The plywood would be stripped of its Chinese markings, and “we’ll ship it under some other code."

More... https://www.zerohedge.com/news/2018-10-08/18927-ways-chinese-exporters-dodge-us-tariffs