India helping China evade US tariffs? White House weighs anti-transhipment penalties, says it's losing $19B-$26B a year
· livemint.com
The countries that comprise China's 'Shadow Transshipment Network' include many of America's largest trading partners, ranging from Mexico and Canada on US land borders to the European Union, India, Japan, and South Korea.
The Trump White House said in a new report on Thursday that the US is losing $19 billion to $26 billion in tax revenue annually as countries route their exports...