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US companies are using an ingenious method to game the system and avoid the worst of Trump’s trade war





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  • American companies may be finding an ingenious way to skirt around the tariffs imposed by President Donald Trump on importing Chinese goods.
  • UBS’s Paul Donovan said some US firms are likely funnelling imports from China through other foreign subsidiaries.
  • This allows them to import products from China, but without having to pay the 25% tariffs levied on imports from the country.
  • Concrete evidence for this is slim, but there are clear signs it is happening, Donovan said.

American companies may be finding an ingenious way to skirt around the tariffs imposed by President Donald Trump on importing Chinese goods, as a means of read more >>>

Source:: BusinessInsider.Com

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