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Colombia is on the US Risk Map Over Trade Triangulation Linked to China

One way for Chinese goods to reach the United States is for producers from the Asian giant not to do so directly, but rather to use third countries in a process known as transshipment. In this way, some Chinese exporters evade U.S. taxes. The White House Office of Trade and Manufacturing Policy published the report […]

Colombia is on the US Risk Map Over Trade Triangulation Linked to China

The U.S. is paying close attention to not only the quantity of trade between China and Colombia but also the role that Colombia plays in the logistical and productive processes that occur before goods reach American markets. A report titled "The Great Transshipment Scam" published by the White House Office of Trade and Manufacturing Policy highlights the risk of illegal transshipment of goods linked to China.

Colombia is listed among the countries at risk in this report, placing it at level three along with other nations such as Argentina, Brazil, Chile, and Peru. The classification takes into account factors like the volume of potential transshipment, integration with China's supply chains, and lower costs associated with resources like labor, free trade zones, and port access.

Experts from the Colombian American Chamber of Commerce (AmCham) emphasize that the report does not imply that the United States accuses Colombia of illegal transshipment or that Colombian exports are automatically under suspicion. AmCham also warns that as China is Colombia's main source of imports, the increased trade volumes between the two countries could lead to greater scrutiny of Colombian supply chains involving Chinese inputs and subsequent exports to the United States.

Written by urgent.news from Colombia One's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at colombiaone.com →

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