Re:Trump announces 90-day pause on 'reciprocal' tariffs with...
by tenwz1 on Wednesday April 09, 2025 @01:50PM
(#43635062)
If the U.S. suspends tariffs on other countries, China can engage in re-export trade, which would effectively equate to suspending tariffs on China. It's only a matter of time before this loophole is exposed.Trump has backed down.
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Re:Trump announces 90-day pause on 'reciprocal' tariffs with...
by ty6853 on Wednesday April 09, 2025 @02:12PM
(#43635355)
That doesn't matter. The loophole is known, possibly even desirable, the point is to save face.
Re:Trump announces 90-day pause on 'reciprocal' tariffs with...
by ceejayoz on Wednesday April 09, 2025 @01:52PM
(#43635083)
This was also possible with the existing 10% baseline.
It'd probably be a good way to get the middleman country punished, if attempted in any significant volume.
Re:Trump announces 90-day pause on 'reciprocal' tariffs with...
by mytailorisrich on Wednesday April 09, 2025 @01:59PM
(#43635189)
Apparently re-export of Chinese goods accounts for 10-15% of Vietnamese exports to the US. Let's see if that surges or if Vietnamese authorities are cautious (re-export was one of the justifications to "punish" Vietnam with high tariffs).