Trump Sets 40 Percent Tariff on Transshipments—Here’s What to Know

Date:

Trump Sets 40 Percent Tariff on Transshipments—Here’s What to Know

A worker stitches apparel at a garment factory in Thai Nguyen Province, Vietnam, on July 2, 2025. Nhac Nguyen/AFP via Getty Images

President Donald Trump, hours before the Aug. 1 tariffs deadline, announced new rates on transshipped goods.

Transshipping—a common practice of rerouting shipments to other countries to disguise the origin of merchandise and evade tariffs—has become a centerpiece of the current administration’s trade agenda.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Gasoline Prices Below $4 a Gallon for First Time Since April

A gas customer in Los Angeles on May 7,...

Business Council Warns Labor to Cut Spending Before Implementing New Tax Scheme

Australia's Prime Minister Anthony Albanese holds a press conference...

Starter Homes Top $1 Million in Record 242 US Cities, Zillow Reports

A for-sale sign is posted in front of a...

1 in 4 Australians Get Most of Their News From Social Media Despite Deep Distrust: Study

A 13-year-old boy poses at his home as he...