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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
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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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