Chinese Firms Propose Creative Solutions to US Tariffs

In a bold move to circumvent the steep tariffs imposed by the United States, Chinese exporters are reportedly offering to misstate the value of goods and shoulder import charges. This strategy aims to alleviate the financial burden on small American businesses caught in the crossfire of ongoing trade tensions.

According to a Financial Times report, some suppliers have gone as far as to promise payment of all import taxes, effectively leaving no trace for US buyers. These proposals are made under "delivery duties paid" (DDP) methods, designed to reduce costs for American firms.

Escalating Trade War Spurs Unconventional Tactics

The backdrop to these developments is a trade war that has seen US duties on Chinese imports soar up to 145%, with China retaliating by imposing tariffs of up to 125% on American goods. This escalation has prompted Chinese companies to explore various avenues to maintain their market presence in the US, including rerouting exports through third countries.