Economy · India
US Report Flags India for Aiding China's Tariff Evasion
A United States report has identified India among dozens of countries suspected of facilitating China's evasion of US tariffs. The report, which cites a "transshipment scam," claims tens of billions of dollars in annual revenue are lost due to goods being moved through lower-tariff nations. The US has placed India in a Tier 1 category for "shadow trade" risk, indicating a heightened concern over this practice. This development occurs amidst ongoing US-China trade tensions and broader global trade dynamics.
How outlets across the spectrum covered it
L 1 C 4 R 1
- Left (1): The Hindu
- Centre (4 votes, 5 outlets): Mathrubhumi English, The Economic Times · The Times of India (Times Group — 1 vote), The Financial Express, The Hindu BusinessLine
- Right (1): Firstpost
- International (12): Al Jazeera English, BBC News, Bloomberg, CNBC, Channel News Asia, Euronews, Fortune, Fox News, NPR, Reuters, South China Morning Post, The Economist