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Companies Circumvent Trump’s Tariffs Through Trade Rerouting and Valuation Tactics
Companies Circumvent Trump’s Tariffs Through Trade Rerouting and Valuation Tactics
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BTCCSquare news:
New trade policies under the TRUMP administration's second term have imposed a 10% baseline tariff on all imports, with additional variable rates for specific countries and product categories. Goldman Sachs analysts highlight how businesses are exploiting differential tariff rates by rerouting goods through low-fee jurisdictions and underreporting values to customs authorities.
The firm estimates potential revenue losses of $40 billion annually if these practices continue at scale, contrasting with projections of $500 billion in annual tariff collections. Early trade data reveals telltale patterns, including surging Chinese exports to Vietnam coinciding with increased Vietnamese shipments to the US.
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