Hacker News new | ask | show | jobs
by tenwz1 441 days ago
If the U.S. suspends tariffs on other countries, China can engage in re-export trade, which would effectively equate to suspending tariffs on China. It's only a matter of time before this loophole is exposed.Trump has backed down.
3 comments

That doesn't matter. The loophole is known, possibly even desirable, the point is to save face.
Apparently re-export of Chinese goods accounts for 10-15% of Vietnamese exports to the US. Let's see if that surges or if Vietnamese authorities are cautious (re-export was one of the justifications to "punish" Vietnam with high tariffs).
This was also possible with the existing 10% baseline.

It'd probably be a good way to get the middleman country punished, if attempted in any significant volume.