US importers find ways to skirt Trump's tariffs - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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US importers find ways to skirt Trump's tariffs via SABCNewsOnline

Companies in sectors such as technology, clothing and footwear are exporting more goods from emerging giants including Vietnam and Malaysia, data show.

Some companies may be pushing the envelope a little too much, violating US rules against “transshipment,” the routing of China-made goods through other countries to evade tariffs, legal experts say. Exports of computers and electronics from Vietnam to the United States have risen 71.6% in the first five months of 2019 compared with the year-ago period, according to government data.

Xcel Brands, which owns Isaac Mizrahi, Judith Ripka and other fashion houses, will cease manufacturing in China in 2020, a big shift from two years ago when the country was the source of 100% of its merchandise.

 

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