US flags 40 economies, including Singapore, in China’s ‘shadow transshipment network’
[SINGAPORE] Singapore and dozens of other economies are at risk of being used by Chinese exporters to avoid US tariffs, President Donald Trump’s...
The White House has identified 40 economies, including Singapore, as potential targets in a "shadow transshipment network" that Chinese exporters may be using to sidestep US tariffs, according to a report titled "The Great Transshipment Scam." The administration plans to employ an AI-powered "Detective Border" system and other measures to combat illicit transshipments.
The report estimates that the evasion of tariffs through transshipment could have cost the US Customs revenue between US$40 billion and US$303 billion. The report categorizes the 40 economies into three tiers, with Singapore placed in Tier 3, alongside Cambodia, Laos, Myanmar, and the Philippines. The White House warns that as these economies become more reliant on Chinese inputs and logistics, Beijing may gain greater commercial and geopolitical leverage while maintaining indirect access to the US market.
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- US flags 40 economies, including Singapore, in China’s ‘shadow transhipment network’ businesstimes.com.sg
- US flags India in $67 bn China transshipment claim economictimes.indiatimes.com
