The United States has accused Chinese exporters of orchestrating a large-scale scheme, dubbed the 'Great Transshipment Scam,' to evade US tariffs. This practice involves routing goods through over 40 third countries to disguise their origin and secure more favorable tariff treatment upon entering the US. The White House estimates that this illicit activity, potentially valued between $40 billion and $303 billion annually, has led to the displacement of approximately 450,000 American jobs and a loss of up to $150 billion in GDP. AI
RANK_REASON Significant policy and trade dispute news involving major global economies. [lever_c_demoted from significant: ic=1 ai=0.1]
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