Firms transshipping through S’pore must declare the true country of origin of goods: MTI
This comes after a White House report naming Singapore as part of China's 'shadow transshipment network'.
US accuses 40+ countries of helping China dodge tariffs
- A new report led by White House trade adviser Peter Navarro estimates illegal transshipment has cost the U.S. around $19 billion to $26 billion in annual tariff revenue Wall Street Journal —
- Singapore takes trade compliance seriously, will take firm action against businesses that break laws: MTI Channel News Asia —
- US flags India in Chinese tariff-evasion warning The Economic Times —
- US accuses dozens of countries of helping China avoid Trump’s tariffs Al Jazeera —
- EU pushes back as US revives trade pressure on bloc The Local Germany —