US to Close China Transshipment Loophole With New 40 Percent Duty Rule

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US to Close China Transshipment Loophole With New 40 Percent Duty Rule

In response to China’s rare earth ban, the United States is moving to tighten trade loopholes with new tariffs. New U.S. tariff rates are drawing mixed reactions across Indo-Pacific countries. We look at their responses. China is demanding security proof from Nvidia—alleging trust and potential risks with U.S.-imported chips. …

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