Trump aims to shut trade loopholes China uses to evade tariffs

  • Posted on July 3, 2025
  • By Business News Today
  • 4 Views
Trump aims to shut trade loopholes China uses to evade tariffs

US President Trump's trade deal with Vietnam targets China's tariff evasion tactics, imposing tariffs on Vietnamese exports and transshipped goods. The agreement's effectiveness hinges on defining 'Made in Vietnam,' complicated by Chinese firms relocating to Southeast Asia. Experts are skeptical about eliminating Chinese exports through Vietnam, anticipating rerouting or increased value-added within Vietnam.
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