U.S. fines firms transhipping via Cambodia to dodge Trump's China tariffs


  • World
  • Wednesday, 19 Jun 2019

FILE PHOTO: U.S. and Chinese flags are seen before Defense Secretary James Mattis welcomes Chinese Minister of National Defense Gen. Wei Fenghe to the Pentagon in Arlington, Virginia, U.S., November 9, 2018. REUTERS/Yuri Gripas

PHNOM PENH (Reuters) - The United States has fined several companies for exporting goods via a Chinese-owned special economic zone in Cambodia in a bid to dodge President Donald Trump's tariffs on Chinese imports, a U.S. Embassy official told Reuters on Wednesday.

Earlier this month, Vietnam's customs department said it had also found scores of cases of exporters illegally relabelling Chinese goods as "Made in Vietnam" in order to avoid tariffs imposed as a result of the ongoing U.S.-China trade war.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

King Charles and UK royals to relinquish dozens of patronages
Interview: China's import expo unique opportunity for Egyptian firms: Egyptian business leader
Roundup: T�rkiye's iconic palace updates Chinese porcelain exhibition after renovation
U.S. stocks close higher
Floods kill 4 mountain climbers in northern Iraq
Crude futures settle lower
World food prices continue to rise in April: FAO
U.S. dollar ticks down
Death toll from ongoing heavy rains in Tanzania rises to 161
Euro falls to historic low against Albanian lek

Others Also Read