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September 24, 2018

Chinese producers get ready to beat US tariffs by rerouting goods

Chinese producers get ready to beat US tariffs by rerouting goods
As the trade war between China and the U.S. festers, business leaders and analysts say Chinese producers are likely to circumvent import tariffs by rerouting goods, raising the question of whether such taxes can be an effective way to equalize trade relations.    U.S. President Donald Trump won the election in 2016 in part due to a pledge to make trade fairer for his country. In January, he took Beijing to task by announcing tariffs on Chinese washing machines and solar panels. By Sept. 7, Trump told reporters he was ready to slap tariffs on ...

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