Global Trade Loopholes
REPORTER:
A White House report has named Taiwan as one of dozens of countries involved in a global tariff-evasion network of Chinese goods.
The report accuses China of avoiding import tariffs by relabeling or processing Chinese products in other countries before shipping them to the US. Taiwan, Canada, Japan, the EU and others were listed as entities that account for large volumes of China-linked goods embedded within legitimate trade flows. Taiwan’s finance ministry says it is enforcing stricter regulations on exporting companies.