China, the EU, and Singapore are pushing back against the White House’s new ‘Great Transshipment Scam’ report

China, the European Union, and Singapore are responding to a new report from the White House accusing several countries, including several in Southeast Asia, of participating in a "shadow transshipment network" that moves Chinese-made goods to the United States while disguising their origin, potentially costing the U.S. up to $303 billion.

The report, "The Great Transshipment Scam", names 40 economies involved, including several long-time allies like Canada, Japan, South Korea, Taiwan, Israel and several European nations, as well as Southeast Asian nations like Singapore, Myanmar and the Philippines. The EU's spokesperson said the framework and regulatory autonomy of its rules are not "up for negotiation".

Singapore's Ministry of Trade and Industry emphasized its commitment to upholding its reputation as a trusted international business hub and does not condone fraudulent means to circumvent laws and regulations of other countries. Despite the list of accusations, the report did not specify any action to be taken against China and the other economies.