CHINESE EXPORTERS ARE OFFERING SWEET DEALS TO U.S. BUSINESSES. THEY OFTEN COME WRAPPED IN FRAUD
https://image.cnbcfm.com/api/v1/image/108144231-17470681342025-05-12t163758z_1163382563_rc2fgeaeg53o_rtrmadp_0_usa-trump-tariffs.jpeg?v=1747072748&w=1920&h=1080
✍️ Chinese exporters are offering lucrative deals to US customers with promises of bearing the full burden of tariffs, but experts say this is a web of illicit activity that's propping up these shipments from China.
👉 Chinese exporters are offering lucrative deals to US customers with promises of bearing the full burden of tariffs 👉 Under-invoicing shipments and mislabeling goods are common tactics used to avoid paying tariffs 👉 Shell companies are being used to act as importers of record 👉 US businesses are being hit with unexpected customs bills and seized shipments 👉 American businesses are underestimating the risks of civil and criminal liability for participating in or being complicit in this scheme
-- #DavidForgue #JosephBriggs #AshMonga #DanHarris #Cze-ChaoTam #AlexCapri #MatthewGaleotti #DonaldTrump #Oakland #California #China #Guangdong #Guangzhou #Shenzhen #LosAngeles #Seattle #WashingtonD.C. #politics
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